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In Xiamen and Guangzhou, the digital yuan has been approved for use on buses and trains

The metropolises have joined a growing network of cities that accept China’s digital yuan, which can now be used to.

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Residents in three Chinese cities are using digital yuan to pay taxes and fees

Residents in three major Chinese cities have begun paying taxes, stamp duty, and social security contributions with the digital yuan,.

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China’s digital yuan pilot has been expanded to include tax, social security, and toll gates

China has expanded the number of cities covered in its digital yuan pilot project, which is now underway in the.

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The Chinese official media is urging more people to use e-CNY

Economic Information Daily, a Xinhua News Agency affiliate publication, published an op-ed on Thursday outlining methods to accelerate the adoption.

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Locals and foreigners alike are not drawn to China Winter Olympic Digital Yuan

On Friday of last week, China launched its domestic digital yuan at the 2022 Beijing Winter Olympics, in an effort.

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In 2022, Guangzhou will progress digital yuan and blockchain experiments

Guangdong Province’s Government Report for 2022 predicts that Guangzhou. That’s, the province’s capital, will become a digital yuan testbed and.

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Last year, digital yuan transactions increased to $11.24 billion

The figures are in: historical digital yuan transactions totaled 87.565 billion yuan (US$11.238 billion) as of the end of 2021..

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China’s digital yuan wallet is now available in beta on app stores

In China, a prototype version of e-CNY, China’s digital yuan mobile wallet. Also, it now live on iOS and Android.

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China implementing blockchain-based salary payments

China is moving forward with Central Bank Digital Currency tests. The People’s Bank of China completed the Nation’s first on-chain.

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Is Digital yuan a surveillance tool for the government?

According to Yao Qian, the People’s Bank of China director, China’s digital Yuan utilizing smart contracts. Moreover, it will be.

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