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Tag: e-CNY

Tourists from Mainland China can now shop in Hong Kong with Chinese CBDC

Tourists from Mainland China can now shop in Hong Kong with Chinese central bank digital currency (CBDC), as part of a digital yuan shopping...

DBS Launches CBDC Merchant Collection Solution in China

DBS has launched a new solution that allows merchants in China to collect payments using e-CNY, the country's central bank digital currency (CBDC). The banking...

Singapore’s DBS launches e-CNY solution for China

Singapore-based DBS bank will allow corporate clients in China to collect payments from their customers in e-CNY – China’s central bank digital currency –...

Bank of China Hong Kong Completes Digital RMB Sandbox Trial

Bank of China Hong Kong (2388) announces that the second phase of its digital Renminbi (e-CNY) priority experience events, staged in collaboration with Bank...

Hong Kong, UAE Central Banks Coordinate on Crypto Regulations – Decrypt

The central banks of Hong Kong and the United Arab Emirates have announced plans to strengthen their financial cooperation—and work together on regulating virtual...

Former PBoC official calls on China to reevaluate its ban on crypto

As cryptocurrencies look to be on the road to recovery, with prices rising and daily signs that adoption is on the rise, authorities...

Hong Kong’s e-HKD pilot puts the world on notice

In a major development for the rollout of central bank digital currencies (CBDCs) worldwide, the Hong Kong Monetary Authority (HKMA) announced the launch of...

China’s Jiangsu Province to adopt digital yuan in education sector

China’s digital yuan pilot is gaining momentum with Jiangsu Province planning to expand the use of the central bank digital currency (CBDC) to its...

BNP Paribas teams up with Bank of China to promote digital yuan usage

The French bank BNP Paribas is collaborating with the Bank of China (BOC) to promote China's digital currency, the digital yuan, to its corporate...

China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong inching close on a clear crypto regulatory pathway...

Coinbase sues SEC in bid for clarity on crypto rules

In this issueCoinbase: Demanding directionPEPE: Leapfrog effecte-CNY: Digital paydayFrom the Editor’s DeskDear Reader,Hello from Austin this week, at Consensus 2023, where significant conversations are...

Digital yuan use cases expand to civil servant salaries and cross-border trade

China continues to lead the way in integrating its central bank digital currency (CBDC) into its financial system. Various regions have announced that...

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