Digital yuan won’t replace global Fiat currencies according to former governor at central bank

Quick take 1 minute read According to a former government official at the people's bank of China, the Chinese authorities are not looking to replace the current Fiat currencies with...

Digital yuan trials fully underway as 20,000 residents in China take part in recent test

Quick take 1 minute read Around 20,000 transactions have been conducted in China as a part of the nation's trial of a digital yuan. According to a local report, it...

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Global strategist David Roche believes the digital yuan still has a while to go before it can compete with the dollar 

Quick take 1 minute read David Roche has recently said that he believes the digital yuan has a long way to go before it will be able to become a...

PBOC governor reveals that the digital yuan pilot tests have processed $300 million in transactions

QuickTake 1 minute read The digital currency project in China for the central bank, known as the digital yuan, has been gaining some momentum over the course of the past...

Digital yuan wallet feature set to be integrated into the new Huawei smartphone series

Quick take 1 minute read Huawei has just announced this week its upcoming Mate40 Smartphone series that will include an implemented hardware wallet for the central-bank digital currency from China...

How the Chinese digital yuan will prevent “dollarisation“

Quick take 1 minute read A key topic that is spoken about and not within the control industry is that of central-bank digital currencies.  Of the course of this year,...

China’s digital yuan is set to work alongside WeChat and Alipay

Quick take 1 minute read The quick development time for the digital yuan in China. Chinese bank executive confirms that the CBDC project will work with WeChat and Alipay rather...

Winners of the Chinese digital yuan crypto lottery enjoy their winnings

Quick take 1 minute read In case you haven’t heard, a lottery recently took place in China with 1.5 million digital yuan.  It seems that the winners of the lottery...