Beijing To Hold Pilots To Promote Country’s CBDC

Beijing to hold pilots to promote country's CBDC. According to a report on Sunday from Chinese state media outlet Global Times, Beijing's mayor said the capital will hasten development of "demonstration zones...

Shanghai Starts Construction Of E-Sports Centre

Shanghai starts construction of Esports centre. In a bid to become the leader in competitive gaming, Shanghai has started the construction of an e-sports arena. The site, known as the Shanghai International ...

PBoC Introduces Physical Card Wallet To Test Digital Yuan

PBoC introduces physical card-wallet to test digital yuan. According to news reported on January 5 by Tencent News, employees at Shanghai Jiao Tong University School of Medicine’s Tongren Hospital used the di...

Shenzhen Announces 20 Million Digital Yuan Giveaway

Shenzhen, one of the most populous cities in China announced that its residents will be able to receive 20 million digital yuan, worth nearly $3 million as a gift. Shenzhen joins Suzhou to test the real-life ...