China to respect privacy of digital yuan users, eyes more adoption
A senior Chinese central bank official, Mu Changchun, said the country will respect digital yuan users’ privacy and protect their...
Yuan
Digital yuan tops US$12B transactions in 2022 so far
China had more than 264 million yuan digital yuan transactions, with a total volume topping 83 billion yuan (about US$12.3...
China’s Digital Yuan vs Bitcoin. The digital yuan fulfills all the… | by Marcel Boer | Jul, 2022
Online payments by credit card have become commonplace. Cryptocurrency payments are also becoming more common, especially in certain regions of...
Digital yuan transactions top US$73 mln in Guangzhou
It took two-and-a-half months for China’s southeastern city of Guangzhou to surpass 490 million yuan (US$73.2 million) in digital yuan...
Digital Yuan Usage in China Leaps 1,800% in Past 12 Months
The digital yuan is gaining traction in China with the number of wallets growing exponentially to 261 million. Reports say the use of...
JD.com tops $60M in digital yuan sales in 618 shopping festival
Chinese online retail platform JD.com reported 400 million yuan (US$60 million) in digital yuan sales at the “618” shopping festival,...
Chongqing joins China’s digital yuan tax pilots
A Chongqing-based company became the first in the city to pay taxes with China’s central bank digital currency (CBDC), the...
City of Shenzhen airdrops 30M in free digital yuan to stimulate consumer spending
According to local news outlet Shanghai Securities News, the city of Shenzhen will airdrop 30 million digital Chinese yuan (e-CNY)...
China to gift citizens 90M digital yuan via lottery to restart economy
👋 Want to work with us? CryptoSlate is hiring for a handful of positions!Three Chinese provinces have announced plans to...
China to drop free digital yuan to boost locked down economy
Shenzhen, Guangzhou, and Xiong’an New Area announced they are distributing free digital yuan “red packets” to boost local consumption amid...
