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China Digital Yuan – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 13 May 2024 05:47:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png China Digital Yuan – DIGIT INFO https://www.digit.info 32 32 Chinese workers paid in CBDC are cashing it out for real money: Report https://www.digit.info/chinese-workers-paid-in-cbdc-are-cashing-it-out-for-real-money-report/ Mon, 13 May 2024 05:47:14 +0000 https://www.digit.info/2024/05/13/chinese-workers-paid-in-cbdc-are-cashing-it-out-for-real-money-report/

Some participants of China’s CBDC pilot program are reportedly hesitant to hold onto the digital yuan, citing a range of concerns with using the state-backed digital currency.

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]]> Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan https://www.digit.info/chinese-bank-employees-told-to-entice-300-customers-to-use-the-digital-yuan/ Wed, 07 Jul 2021 19:30:44 +0000 https://www.digit.info/2021/07/07/chinese-bank-employees-told-to-entice-300-customers-to-use-the-digital-yuan/ Read more]]> In mid-May, a report stemming from residents in Shenzhen, China explained that the digital yuan wasn’t seeing widespread participation, which the Chinese government has alluded to in many press releases. Now a handful of China’s state-owned banks have asked staff to recruit 200 to 300 digital yuan users. The banks are also giving away small […]

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