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Digital Yuan

Digital Yuan Surpassed Visa in Number Of Transactions On Opening Day of 2022 China Winter Olympics

The digital Yuan surpasses Visa in the number of transactions at the Winter Olympics. window.coinzilla_display = window.coinzilla_display || ; ...

Digital Yuan Wallet Becomes Most Downloaded App In China

A few days after China launched the pilot version of its Digital Yuan wallet, the financial app became the most downloaded app available in...

China Government Officially Include Crypto Mining As An Industry That Should Be Eliminated

After banning all kinds of crypto activities from trading to mining, The Chinese government officially included cryptocurrency mining as an industry that should be...

China’s First-Ever Metaverse Conference Coming, As Chinese Tech Giant ‘Baidu’ Building Its Own Metaverse

Chinese tech giant Baidu could take six years to completely build a metaverse as part of the 'XiRang' project. window.coinzilla_display =...

UK Government Communications Headquarters Head Fears Digital Yuan Will Badly Impact World’s Monetary System

Jeremy Fleming, head of the UK Government Communications Headquarters (GCHQ), fears that the China Digital Yuan could be used to collect user information, control...

China Reports First Case Of Money Laundering With Digital Yuan

Chinese law enforcement officials have detained 11 suspected money launderers using a central bank digital currency, Digital Yuan. window.coinzilla_display = window.coinzilla_display...

Binance To Stop Chinese Yuan Trading And Close Access To OTC Trading For Users In Mainland China

From December 31, 2021, cryptocurrency exchange Binance will remove the Chinese Yuan from the list of over-the-counter (OTC) markets and close access to OTC...

Crypto Market Recovery In Process As China Injects $18.6 Billion to Bail Out Evergrande

Chinese real property giant Evergrande has defaulted on its debt payment, and fear of company’s payment default has resulted in an unintentional drop in...

Beijing And Shanghai Plan Large-Scale Testing Of The Digital Yuan

China's largest cities plan to support testing of the digital currency electronic payment (DCEP), the Global Times reports. Read: China Is Testing A Hardware Wallet...

China Has Begun Testing Of The Digital Yuan In Atms

State-owned Chinese bank Agricultural Bank of China (ABC) has started testing the operation of the national digital currency in ATMs in Shenzhen. ATMs of some...

China Is Testing A Hardware Wallet For Digital Yuan

The development of the state-owned Chinese cryptocurrency continues – photos of a hardware wallet for the digital yuan that does not require a smartphone...

JD.com Chinese E-commerce Giant, Said It Would Be The First To Accept Digital Yuan

JD Digits, the company's digital technology division, will accept the digital Yuan on its platform during the second "free lottery" in Suzhou, which will...