Starbucks, McDonald’s Among 19 Firms to Test China’s Digital Yuan: Report

The food and beverage giants are among the restaurants and retail shops reportedly on a local government list for testing of China's central bank digital currency.

Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials

China’s central bank confirmed it will be testing a mobile app for the digital yuan in four cities, with a fifth in the works, and emphasized it’s a test.

China Injects $4.7M Into Central Bank’s Blockchain Trade Finance Platform

Thirty-eight banks have started using the platform since it entered the test phase in September 2018.

ANALYSIS: The Global Game of Coins Heats Up

A new paper from the PBoC says the “top-level” design of its digital currency is complete while AMLD5 in Europe is causing crypto companies to flee.

Chinese Internet Giant Tencent to Launch Digital Currency Research Team

Tencent, the Chinese internet giant and owner of WeChat, is reportedly forming a team to explore possible new use cases for cryptocurrencies.

China’s SEC May Soon Have a Crypto-Savvy Department Chief: Report

China's securities watchdog is reported to be hiring Yao Qian, the former head of the central bank's digital currency initiative, as the chief of its new tech regulation bureau.

China’s Central Bank Likely to Pilot Digital Currency in Cities of Shenzhen and Suzhou: Report

The People's Bank of China is said to be preparing to launch pilots for its digital currency in Shenzhen and Suzhou from the end of the year.

China’s Digital Yuan Will Target Retail Payments First, Ex-Central Banker Says

Former PBoC head Xiaochuan Zhou says the digital yuan will enable retail payments first, but might need a different technical design for cross-border payments.

After Xi, China’s Central Bank Gives Blockchain Tech a Pump

The People's Bank has said blockchain is a solution to trade finance asymmetries in the latest promotion of the tech in China.