Hong Kong Central Bank Willing to Test Digital Yuan

The Hong Kong Monetary Authority (HKMA) has confirmed that it is willing to collaborate with the People’s Bank of China (PBoC) for the trials of digital yuan in the special-administrative region. Answering a...

China Takes Digital Yuan Trial to Beijing

The Chinese Commerce Ministry is expanding the testing program of its digital yuan by taking the trials to more regions, including the city of Beijing and other affluent provinces. As reported by the Wall St...

PBoC Governor Says No Timeline Set for Digital Yuan Launch

The People’s Bank of China (PBoC) has officially clarified that there is “no timetable” is set for the launch of digital yuan. In an interview with the Financial Times and China Finance, PBoC governor Yi Gan...

PBoC Governor Says No Timeline Set for Digital Yuan Launch

The People’s Bank of China (PBoC) has officially clarified that there is “no timetable” is set for the launch of digital yuan. In an interview with the Financial Times and China Finance, PBoC governor Yi Gan...

Glimpse Of Finance 2.0 As China Launches Digital Yuan

China’s announcement to locally launch its digital Yuan is set to be a major catalyst that drives legacy financial systems into the era of bitcoin and decentralised money. Throughout 2019, the People’s Bank ...

China to Pilot Distribution of CBDC to State Employees

China is slowly heading towards the launch of its official central bank digital currency (DC/EP) and decided to issue it to local government employees. According to a report by local news daily China Star Ma...