Categories Business China says it has no plans to oust US dollar with digital yuan Posted on Posted onApril 20, 2021April 20, 2021By Editor International use of the digital yuan will not replace the US dollar as the world’s main reserve currency, according to People’s Bank of China Deputy Governor, Li Bo. … Read More >China says it has no plans to oust US dollar with digital yuan
Categories Business Chinese retail giant JD.com becomes first big online shop to accept digital yuan in $3mn ‘lottery’ trial Posted on Posted onDecember 7, 2020December 7, 2020By Editor China is set to hold one of the biggest trials of its sovereign digital currency, making it available for payments at one of its biggest e-commerce platforms, JD.com, after yet another massive giveaway. … Read More >Chinese retail giant JD.com becomes first big online shop to accept digital yuan in $3mn ‘lottery’ trial
Categories Business China to test digital yuan via ride-hailing platform with over 550 million users Posted on Posted onJuly 9, 2020July 9, 2020By Editor China’s central bank is partnering up with the country’s ride-hailing giant Didi Chuxing to test the use of its sovereign digital currency. The digital yuan may be offered to the public as early as next year. … Read More >China to test digital yuan via ride-hailing platform with over 550 million users