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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


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China’s CBDC Could Be the Death Knell for Macau’s High Stakes Gambling Scene

Macau’s gambling industry already affected by the coronavirus could be in for another significant external stress in the form of China’s central bank digital currency (CBDC). The emergence of traceable digital yuan enforced by Beijing on the enclave may likely send shockwaves through the sector, forcing several high-rollers to take their money elsewhere. дальше »

2020-12-3 00:00


Japan Joins the CBDC Race With A ‘Digital Yen’ Trial; 30 Major Firms Will Start Experiments In 2021

While China has already successfully run the pilot test of its digital yuan, now Japan is getting ready to do the same. In its attempt to catch up, Japan’s 30 major firms will begin experiments of issuing a private digital currency next year, said the group's organizing body on Thursday, reported Reuters. дальше »

2020-11-19 21:19