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Shenzhen’s Digital Yuan Test Records Massive Success

The government of Shenzhen, China, has announced via a WeChat post that its digital yuan test exercise, which went live on January 7, this year, has recorded massive success, as residents have used the central bank digital currency in nearly 140,000 transactions during the testing operation, reports TheBlock on January 18, 2021. China’s CBDC GainingRead More дальше »

2021-1-20 00:00


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Digital Yuan Still in Trial: China Airdrops Another $3 Million Worth of Its DCEP to 10,000 Suzhuo Residents

China’s digital Yuan has been facing a series of trials since its launch. The country has been making several attempts to gain a foothold for its digital currency. Still, in the test phase, China has just airdropped another $3 Million worth of its DCEP to some Suzhuo residents, according to a new report. This appears […] дальше »

2020-12-17 18:00


Chinese IT giants take part in digital yuan test

According to The Block, three large Internet companies from the Celestial Empire will join the digital Renminbi (CBDC) testing being developed by the National Bank of the country. The list of companies includes the DiDi passenger transportation service, which has already taken part in the first wave of testing. In addition to the taxi aggregator, […] дальше »

2020-12-12 20:53


Chinese e-Commerce Giant JD.com to Accept Digital Yuan in the 2nd Round of Public Trial

Chinese e-commerce giant JD. com said on Saturday that its fintech arm, JD Digits will accept digital yuan as payment for some products. JD. com is China’s first virtual platform to accept the central bank digital currency, as part of an experimental giveaway of digital yuan to the citizens of Suzhou, according to the company’s post on […] The post Chinese e-Commerce Giant JD. дальше »

2020-12-7 17:35