China Launches Digital Yuan Industrial Park in Shenzhen
According to some estimates, around 5.6 million merchants now accept the digital currency as payment.
ClementAccording to some estimates, around 5.6 million merchants now accept the digital currency as payment.
ClementTourists with plans to explore the People's Republic of China have a new avenue of convenience at their disposal. Its e-CNY app has expanded its capabilities to include top-up services with Visa and MasterCard.
KikyoBetween January and June 2023, individuals and companies in Hunan Province have effectively utilized the digital yuan to settle a total of $51.3 million in taxes, spanning 794 transactions.
CaptainXChinese firms stand out as some of the most active buyers in the global commodities market, and officials believe that the incorporation of the digital yuan in clearing houses will enhance the security of cross-border settlements for bulk commodities.
CoinliveChina's digital yuan has witnessed tremendous growth as the central bank ramps up its CBDC pilot in the last one-and-a-half ...
BitcoinistThe China Merchants Bank, in collaboration with the Civil Aviation Administration Clearing Center, has launched an e-CNY platform enabling companies and entrepreneurs to pay for business air tickets using the digital yuan.
CoinliveWeChat, a popular app in China, has integrated the digital Yuan into the platform.
BitcoinistTether, which is the largest stablecoin issuer by market capitalization, added its offshore Chinese Yuan (CNHT) to the Tron network.
OthersYuan fell to a 14-year low against the U.S. dollar early Wednesday.
CoindeskChina has expanded its central bank digital currency pilot program to include the payment of tax, stamp duty and social security.
Cointelegraph