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China Guangzhou Public Transport Launches Digital RMB Payment Function
cryptocurrency

China Guangzhou Public Transport Launches Digital RMB Payment Function

China's Guangzhou became the first city to launch a pilot function of a digital RMB payment code to pay for bus rides.

HKMA Seeks Public Consultation for e-HKD Development
cryptocurrency

HKMA Seeks Public Consultation for e-HKD Development

In Hong Kong, the local financial regulator has issued a discussion paper to the public, asking for the public opinions about introducing domestic retail central bank digital currency.

U.S. Should Examine Chinese Digital Yuan Rollout during Winter Olympics: Senator Toomey
cryptocurrency

U.S. Should Examine Chinese Digital Yuan Rollout during Winter Olympics: Senator Toomey

Senator Pat Toomey, a senior member of the U.S. Senate Banking Committee, urges the Treasury and State Departments closely examine Beijing’s CBDC rollout during the Olympic Games.

WeChat Offers Digital Yuan Payments Ahead of Beijing Winter Games
cryptocurrency

WeChat Offers Digital Yuan Payments Ahead of Beijing Winter Games

WeChat has become compatible with payments using the digital yuan ahead of the Beijing Winter Olympics, owner Tencent Holdings said.

Macau Likely to be Test Bed for China's Digital Yuan: Reuters
cryptocurrency

Macau Likely to be Test Bed for China's Digital Yuan: Reuters

Macau is expected to be a testbed for China's digital yuan, also known as the e-CNY, as casino operators prepare to bid for new licenses in the city for the first time in two decades.

HK FinTech Week: China’s eCNY Wallet Registers 140M Users, Rises 6 Times More, says PBoC Official
cryptocurrency

HK FinTech Week: China’s eCNY Wallet Registers 140M Users, Rises 6 Times More, says PBoC Official

China’s digital yuan wallet has witnessed its user base rise six times more just after the past four months to hit 140 million active accounts.

Chinese Authorities Wants McDonald's to Expand its Digital Yuan Acceptance
cryptocurrency

Chinese Authorities Wants McDonald's to Expand its Digital Yuan Acceptance

Chinese authorities are reportedly mounting pressure on McDonald’s as well as other American firms to expand their acceptance of the e-CNY

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