China Asks WeChat to Trim Mobile Payments Share Amid Digital Yuan Pilot
China has reportedly asked Tencent’s WeChat to reduce its mobile payments market share as the country begins piloting its digital ...
Tag: Digital Yuan
Hong Kong Pilots Digital Yuan for Cross-Border Payments
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) have announced that residents in Hong Kong ...
WeChat Integrates Digital Yuan to Drive Adoption of CBDC in China
WeChat has integrated the digital yuan into its platform, enabling users to pay for goods and services using their Central ...
Will CBDC Rollouts Force Tech Providers to ‘Cannibalise’ Their Own Systems?
Several countries have deployed a CBDC, including The Bahamas and Nigeria. While no major economy had launched one prior to ...
$300K in Digital Yuan CBDC Spent Daily at Beijing Olympics
This posting in Business Insider India provides information on the e-yuan use at the Beijing Olympics, which is the CBDC ...
Fed/MIT Paper on CBDCs Released & Digital Yuan Available in App Stores
Late yesterday the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology released results of their combined research ...
Chinese e-CNY CBDC Spreads to High-Tech Food Delivery Company
On the heels of the Fed releasing last week’s ‘discussion document’ on the issuance of a digital dollar, we have ...
China C.bank Says It Will Steadily Push Forward Digital Yuan Pilots
In the continuing splurge of written pieces, we now hear from the PBOC, the central bank of a major economy ...
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