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Tag: Digital Yuan

Mobile payments, Paytech

Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says

October 14, 2022

Via: Bitcoin.com

People’s Bank of China Reports 360 Million Digital Currency Payments Transactions with China’s central bank digital currency (CBDC) exceeded 100 billion yuan in value ($13.9 billion) as of Aug. 31, 2022, rising from almost 88 billion yuan by the end […]

Blockchain, Crypto

China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level

September 21, 2022

Via: Bitcoin.com

Government to Increase Digital Yuan Coverage in 4 Provinces of China Chinese authorities are going to expand the digital yuan’s area of application in four of the first pilot cities in the project to the rest of their respective provinces. […]