Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge
Tencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using digital Yuan and.
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HSBC China Rolls Out e-CNY Services For Corporate Clientele, Signaling Foreign Banks’ Dive Into Digital Yuan
HSBC China is now offering e-CNY services to its corporate clientele. The development marks it as the first foreign bank within the nation.
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Chinese Locals Cash Out CBDC Digital Yuan For Physical Cash
The latest reports suggest that several Chinese locals paid in digital yuan or e-CNY have rarely used this CBDC, and are most likely.
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Chinese Authority Issued Warning Against Fake Digital Yuan Apps Scam
The Chinese Ministry of Industry and Information Technology (MIIT) has issued a warning against new scam schemes involving fake digital yuan apps. According.
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Digital Yuan Now Used to Complete Car Pre-purchase Payments
The digital yuan, China’s central bank digital currency (CBDC), is being used as a security element in car pre-purchase payment settlements. According to.
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Shanghai’s Pudong New Area To Pilot Digital Yuan and Transform Into International Hub
Shanghai’s Pudong New Area is set to undergo a comprehensive modernization plan, which includes extensive pilot projects for the digital yuan and the.
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Rise in Chinese Citizens Firms Using Digital Yuan to Pay Taxes
The adoption of China’s central bank digital currency (CBDC), the digital yuan, is gaining significant traction, with more Chinese citizens and firms utilizing.
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Digital Yuan Empowers Chinese Business Travelers with Air Ticket Purchases
Chinese business travelers are set to benefit from the integration of the digital yuan as the nation’s central bank digital currency (CBDC) pilot.
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As Digital Yuan Hype Fades, China Must Find Fresh Institutional Use Cases
China’s e-CNY, the digital yuan, had once captured global attention as central banks, journalists, and politicians closely monitored its implications. The People’s Bank.
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China Looks to Add Digital Yuan Functionality to Social Security Cards
China is exploring a groundbreaking development that could propel the adoption of its central bank digital currency (CBDC), the digital yuan. According to.