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e-CNY

US senators propose to bar apps supporting digital yuan payments from app stores
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31 May, 2022

US senators propose to bar apps supporting digital yuan payments from app stores

U.S. senators have proposed a bill that will prohibit application stores like Google and Apple from hosting apps supporting digital...
China trials tax and charge payments with digital yuan
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3 May, 2022

China trials tax and charge payments with digital yuan

The country is now testing the digital yuan—e-CNY—for use in payments of tax, stamp duty, and social security premiums with...
Chinese court makes first public ruling involving NFTs
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30 April, 2022

Chinese court makes first public ruling involving NFTs

An unknown user of NFT China marketplace has reportedly minted a copyrighted artwork of Ma Qianli, which features a cartoon...
Will China’s digital yuan unseat the US dollar?
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12 January, 2022

Will China’s digital yuan unseat the US dollar?

The U.S. dollar makes up 51% of central bank reserves, while the CNY only takes up 2%. Also, the U.S....
China releases new digital yuan coupons ahead of 2022 Olympics
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10 December, 2021

China releases new digital yuan coupons ahead of 2022 Olympics

Four state-owned banks issued a new batch of digital yuan coupons in Beijing, which officials said can be used for...
Beijing joins digital currency pilot testing with e-CNY enterprise zone
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2 November, 2021

Beijing joins digital currency pilot testing with e-CNY enterprise zone

An e-CNY enterprise zone is to be launched by the Municipal Administrative Center of Beijing to explore the digital renminbi...
Beijing underground rolls out full integration of CBDC for payments
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12 August, 2021

Beijing underground rolls out full integration of CBDC for payments

The city’s railway announced last week that the digital yuan, or e-CNY, would be available immediately at 428 stations across...