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Category e-CNY

Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies

Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies

New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advan...
Chinese Gang Arrested for Exploiting Digital Yuan

Chinese Gang Arrested for Exploiting Digital Yuan

In Zhejiang province, China, a criminal gang exploited digital yuan accounts to illegally cash out over 200,000 yuan ($27,566) within four days. Th...
Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users

Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users

In a significant move towards enhancing digital currency use, Hong Kong residents can now set up personal digital yuan or e-CNY wallets, as announc...
China Expands Digital Yuan Pilot: Hong Kong Residents Can Now Set up E-CNY Wallets Locally

China Expands Digital Yuan Pilot: Hong Kong Residents Can Now Set up E-CNY Wallets Locally

The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have advanced the digital yuan (e-CNY) pilot for payments, aiming to ...
Hong Kong pilots first-ever digital yuan payment system for cross-border transactions

Hong Kong pilots first-ever digital yuan payment system for cross-border transactions

The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) have taken significant steps to expand the Digital Yuan (e-CNY)’s rea...