DCEP – DIGIT INFO

China’s Central Bank Digital Currency Now Has 261 Million Users — $14 Billion in Digital Yuan Transactions Made

DIGIT — Thu, 20 Jan 2022 02:30:00 +0000

China’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the People’s Bank of China (PBOC). Furthermore, transactions worth 87.5 billion yuan ($13.78 billion) have been made using the digital yuan and more than 8 million merchants now accept e-CNY. China’s Central Bank Digital Currency Growing […]

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China’s Digital Yuan Wallet App Now in iOS and Android App Stores

DIGIT — Wed, 05 Jan 2022 00:48:43 +0000

China’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as e-CNY, can now be downloaded from the iOS and Android app stores in the country. Digital Yuan Wallet App Now Downloadable From iOS and Android App Stores China’s central bank, […]

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Digital Yuan Launch Draws Near: JD.com Employees Paid in e-CNY, Tencent, Ant, Mastercard Engage With PBoC

DIGIT — Tue, 04 May 2021 19:19:04 +0000

China, the world’s most populous country, has jumped leaps and bounds in comparison to a great number of other countries when it comes to the creation of a central bank digital currency. As each day passes, China’s digital yuan is seemingly getting closer to large-scale adoption, as big-name corporations like the e-commerce giant JD.com, Mastercard, […]

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Chinese online retail giant JD.com adopts digital yuan for salary payments

DIGIT — Mon, 26 Apr 2021 11:11:32 +0000

Chinese e-commerce company JD.com has upped its support for the country’s central bank digital currency.

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Top Chinese banks promote CBDC over local payment firms for shopping festival

DIGIT — Mon, 26 Apr 2021 04:22:06 +0000

Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China.

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Our Man in Shanghai: Coinbase listing scorned, graphics cards seized, nostalgia coins rule

DIGIT — Fri, 16 Apr 2021 01:43:09 +0000

Coinbase and cryptocurrencies viewed cynically on Chinese social media, and news of a large mining GPU smuggling bust in Hong Kong.

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China Airdrops Digital Yuan Worth $3 Million — 10,000 Stores Will Accept It

DIGIT — Sun, 06 Dec 2020 22:30:16 +0000

Twenty million yuan ($3 million) in China’s central bank digital currency will be given away to 100,000 people in the country’s largest test of the digital yuan to date. The digital currency will be accepted at 100,000 stores, including JD.com, one of China’s largest online retailers. $3 Million in Digital Yuan Giveaway The Chinese city […]

The post China Airdrops Digital Yuan Worth $3 Million — 10,000 Stores Will Accept It appeared first on Bitcoin News.

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Digital Yuan CBDC Momentum Grows as More Chinese Firms Get to Testing

DIGIT — Sun, 19 Jul 2020 06:54:00 +0000

As the development of the digital yuan project progresses, the number of China’s largest companies testing the national cryptocurrency is rapidly growing.

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China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan

DIGIT — Thu, 09 Jul 2020 13:20:07 +0000

The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan in a “strategic partnership.” Whether people want to believe it […]

The post China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan appeared first on Bitcoin News.

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Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan

DIGIT — Mon, 03 Feb 2020 04:25:57 +0000

With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan indicate its main purpose will be to substitute […]

The post Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan appeared first on Bitcoin News.

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