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.
The metropolises have joined a growing network of cities that accept China’s digital yuan, which can now be used to.
Residents in three major Chinese cities have begun paying taxes, stamp duty, and social security contributions with the digital yuan,.
China has expanded the number of cities covered in its digital yuan pilot project, which is now underway in the.
Former Individuals’s Bank of China governor Zhou Xiaochuan stated in a speech on Saturday that the digital yuan is intended.
Economic Information Daily, a Xinhua News Agency affiliate publication, published an op-ed on Thursday outlining methods to accelerate the adoption.
On Friday of last week, China launched its domestic digital yuan at the 2022 Beijing Winter Olympics, in an effort.
Guangdong Province’s Government Report for 2022 predicts that Guangzhou. That’s, the province’s capital, will become a digital yuan testbed and.
The figures are in: historical digital yuan transactions totaled 87.565 billion yuan (US$11.238 billion) as of the end of 2021..
In China, a prototype version of e-CNY, China’s digital yuan mobile wallet. Also, it now live on iOS and Android.
China is moving forward with Central Bank Digital Currency tests. The People’s Bank of China completed the Nation’s first on-chain.