China's Digital Yuan Isn't Taking Off Despite State Employee Salary Trial: Report
Most early users immediately transfer the digital yuan balances to their bank accounts to spend as cash.
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May 13, 2024 at 3:22 p.m. UTC
May 13, 2024
e-CNY
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Standard Chartered China Offering Exchange Services for Digital Yuan
The bank will give customers access to the digital RBM's interconnection platform, offering recharge and redemption.
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Nov 27, 2023 at 3:09 p.m. UTC
Nov 27, 2023
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PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report
PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange
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Oct 23, 2023 at 2:17 p.m. UTC
Oct 23, 2023
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Singapore Bank DBS Starts e-CNY Collection Platform for Corporate Clients in China
The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.
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Jul 5, 2023 at 7:36 a.m. UTC
Jul 5, 2023
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China Includes Digital Yuan in Cash Circulation Data
The People’s Bank of China included the country's digital currency in calculations of the amount of currency in circulation in December for the first time, with e-CNY represen...
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Jan 11, 2023 at 6:12 p.m. UTC
Jan 11, 2023
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China Includes Digital Yuan in Cash Circulation Data for First Time
The digital yuan, e-CNY, represented 0.13% of cash and reserves held by the central bank.
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Jan 11, 2023 at 3:14 p.m. UTC
Jan 11, 2023
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Privacy Protection a Top Issue for Digital Yuan: China's Central Bank Governor
"We must strike a delicate balance between protecting privacy and combating illicit activities," said Yi Gang.
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Oct 31, 2022 at 7:22 p.m. UTC
Oct 31, 2022
China's CBDC Transactions Reach $14B as Uptake Slows: Report
Transaction volume in e-CNY has only increased by 14% in 2022 from the end of last year compared with the 154% growth recorded in the last six months of 2021.
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Oct 13, 2022 at 10:45 a.m. UTC
Oct 13, 2022
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US and UK Falling Behind on Central Bank Digital Currency Adoption While China Expands E-CNY
105 countries, representing over 95 percent of global GDP, are exploring a central bank digital currency (CBDC), according to the Atlantic Council. Director Josh Lipsky shares...
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Jul 19, 2022 at 5:34 p.m. UTC
Jul 19, 2022
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DBS Makes Crypto U-Turn; China’s E-CNY Expansion
DBS makes U-turn over retail crypto trading plans. China confirms expansion of e-CNY trials, but what’s needed to really spur adoption? Experts: USD-backed stablecoins to cont...
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Apr 4, 2022 at 3:19 p.m. UTC
Apr 4, 2022