The Agricultural Bank of China has rolled out “digital yuan-enabled” Automatic Teller Machines (ATMs) in some of its branches across the city of Shenzhen. This move is part…

The Shenzhen government said it will give away 20 million yuan (92.5 million baht) via “red packets” – gift envelopes traditionally given out during holid…

The trial of China’s digital currency electronic payment (DCEP) project continues in yet another major city, Shanghai, and is being experimented in a physical card fo…

China has continued with the process of testing its Central Bank Digital Currency (CBDC), otherwise known as Digital Currency Electronic Payment (DCEP). This time, the real…

For many, 2020 has been one of the most tumultuous years in recent history. Covid-19 swept the world and greatly slowed down, if not stopped, much of ordinary daily life. B…

After the trial phase in Suzhou as an upgraded version of the Shenzhen pilot and two major banks – Postal Savings Bank of China and Bank of Communications – joi…

While most news regarding blockchain technology coming out of China has been focused on the country's efforts to develop its upcoming digital yuan, cases have been popping …

China's head start in the distributed ledger technology (DLT) space will see its efforts politicised at some point, the CEO and co-founder of a decentralized public network…

While the success of all of the digital yuan trials conducted in China so far is undisputed, few have managed to gain major momentum and truly test out the system's capabil…

There are indications that the digital yuan project in China is targeted to go live in time for the 2022 winter olympics to be held in the capital city of Beijing. As repor…