China’s digital currency program has completed its first cross-border consumer payment using the digital yuan in Laos. China is attempting to spread the use of its digital yuan through fast and easy ...
China’s central bank, the People’s Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank digital currency (CBDC), the digital yuan (e-CNY). Effective January 1, ...
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 ...
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