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China's central bank digital currency (CBDC) app, e-CNY, recorded 180 million personal wallets and transactions worth ¥7.3 trillion ($1.02 trillion) by July 2024, in its ongoing pilot program. This ...
Chinese telecommunications company Huawei is integrating the digital yuan central bank digital currency (CBDC) into its HarmonyOS NEXT operating system, according to the local press. The integration ...
Recently, Yuan Zheng Technology's product Yuan Zheng App (formerly CICP) has completed a comprehensive upgrade and has officially been renamed "Yuan Zheng - Digital Smart Home" (hereinafter referred ...
SHANGHAI (Reuters) - The online bank backed by Alibaba's fintech giant Ant Group has joined China's digital yuan pilot programme, it said on Monday, as the Beijing's expands trials aimed at eventually ...
HashKey’s $500M Digital Asset Treasury fund launches in Hong Kong, offering institutions compliant access to Bitcoin, ...
Chinese banks say they will fight back against digital yuan-themed money laundering and identity theft schemes by rolling out new security protocols. Per the Beijing Business Daily, "some banks" have ...
China has opened a national institute to research how to use cryptography to secure the digital yuan, state-owned People’s Daily reported on Wednesday. The views and opinions expressed herein are the ...
The People’s Bank of China recently launched a “digital yuan visual hard wallet” at the 18th Shenzhen International Financial Expo. The 1mm-thick card resembles a conventional credit card but features ...
As China accelerates deployment of its digital yuan, and the European Central Bank advances toward a digital euro, the Republican Party is seeking to prevent the creation of a Central Bank Digital ...