e-CNY – DIGIT INFO

Report: China’s Digital Yuan Processes $55B as Cross-Border CBDC Rails Take Shape

DIGIT — Sun, 18 Jan 2026 21:30:19 +0000

According to a Reuters report citing data compiled by the Atlantic Council, a Washington-based think tank that tracks central bank digital currencies ( CBDCs) and their expansion, China’s CBDC, known as e-CNY, has processed $55 billion through the ‘mBridge’ platform. Digital Yuan Momentum Builds as mBridge Fuels Cross-Border Payments China’s CBDC is steadily finding its […]

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Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies

DIGIT — Thu, 19 Sep 2024 02:30:27 +0000

New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages. Every G20 nation is engaged in CBDC efforts, with notable leaders such as China and the European nations pushing forward. The U.S. remains lagging behind Europe and […]

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Chinese Gang Arrested for Exploiting Digital Yuan

DIGIT — Sat, 15 Jun 2024 09:23:06 +0000

In Zhejiang province, China, a criminal gang exploited digital yuan accounts to illegally cash out over 200,000 yuan ($27,566) within four days. The digital yuan, or e-CNY, is the People’s Bank of China’s (PBOC) central bank digital currency (CBDC), which has experienced substantial growth in usage. Adoption has reached 260 million wallets across 25 cities, […]

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China Expands Digital Yuan Pilot: Hong Kong Residents Can Now Set up E-CNY Wallets Locally

DIGIT — Fri, 17 May 2024 16:00:57 +0000

The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have advanced the digital yuan (e-CNY) pilot for payments, aiming to increase e-CNY wallet usage in Hong Kong. Residents can now set up and top up wallets via the Faster Payment System (FPS), marking the first global linkage of a faster payment […]

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Chinese workers paid in CBDC are cashing it out for real money: Report

DIGIT — Mon, 13 May 2024 05:47:14 +0000

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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Digital Yuan app adds prepaid Mastercard VISA top-ups for tourists

DIGIT — Mon, 25 Sep 2023 13:20:01 +0000

The Digital Yuan app now allows tourists to top-up e-CNY wallets with Mastercard & VISA payment with ‘recharge first and use later’ option.

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China’s digital yuan nears $250B transaction volume: Central bank governor

DIGIT — Thu, 20 Jul 2023 06:00:08 +0000

While the adoption and use cases of China’s e-CNY are expanding, the digital yuan still only represents 0.16% of China’s monetary supply.

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China could benefit from yuan stablecoin over its CBDC – Circle CEO

DIGIT — Tue, 11 Jul 2023 11:56:13 +0000

China may have banned the use of cryptocurrencies but stablecoins might have a role to play in the proliferation of its national currency.

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China’s Wechat Adds Support for Digital Yuan Payments

DIGIT — Wed, 08 Mar 2023 15:00:31 +0000

Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the People’s Bank of China. Wechat Pay Follows Alipay in Integrating Payments With Digital Yuan The […]

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China doles out millions in digital yuan in bid to boost adoption: Report

DIGIT — Mon, 06 Feb 2023 05:39:58 +0000

Multiple Chinese city governments have given away millions worth of e-CNY to try to promote consumption around the holiday season.

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