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e-CNY
China's Digital Yuan Isn't Taking Off Despite State Employee Salary Trial: Report
Most early users immediately transfer the digital yuan balances to their bank accounts to spend as cash.
Standard Chartered China Offering Exchange Services for Digital Yuan
The bank will give customers access to the digital RBM's interconnection platform, offering recharge and redemption.
PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report
PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange
Singapore Bank DBS Starts e-CNY Collection Platform for Corporate Clients in China
The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.
China Includes Digital Yuan in Cash Circulation Data
The People’s Bank of China included the country's digital currency in calculations of the amount of currency in circulation in December for the first time, with e-CNY representing 0.13% of cash and reserves held by the central bank. "The Hash" panel discusses what this means for the adoption of central bank digital currencies (CBDC).
China Includes Digital Yuan in Cash Circulation Data for First Time
The digital yuan, e-CNY, represented 0.13% of cash and reserves held by the central bank.
Privacy Protection a Top Issue for Digital Yuan: China's Central Bank Governor
"We must strike a delicate balance between protecting privacy and combating illicit activities," said Yi Gang.
China's CBDC Transactions Reach $14B as Uptake Slows: Report
Transaction volume in e-CNY has only increased by 14% in 2022 from the end of last year compared with the 154% growth recorded in the last six months of 2021.
US and UK Falling Behind on Central Bank Digital Currency Adoption While China Expands E-CNY
105 countries, representing over 95 percent of global GDP, are exploring a central bank digital currency (CBDC), according to the Atlantic Council. Director Josh Lipsky shares insights into the key findings, discussing the impact of China’s e-CNY, the digital euro and why the United States risks falling behind in the global race for digital money.
DBS Makes Crypto U-Turn; China’s E-CNY Expansion
DBS makes U-turn over retail crypto trading plans. China confirms expansion of e-CNY trials, but what’s needed to really spur adoption? Experts: USD-backed stablecoins to continue dominance in the market. New owner gives Pudgy Penguins NFTs happy feet.