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Nalezeno "digital yuan": 570

Top Chinese Law Firm Analyzes Digital Yuan AML Challenges


JunHe Law Firm Partner Chen Xin issues report to explore anti-money laundering challenges, opportunities and solutions in China's CBDC digital yuan deployment and regulation. The post Top Chinese Law Firm Analyzes Digital Yuan AML Challenges appeared first on Cryptonews

China Opens e-CNY Research Institute, Appoints First Expert Panel


With its official launch, the e-CNY Research Institute sets out to foster industry integration and innovation, supported by a newly appointed panel of specialists from finance and technology sectors. The post China Opens e-CNY Research Institute, Appoints First Expert Panel appeared first...

China Expands Digital Yuan Accessibility Through Hardware Wallet Integration


Bank of China’s Qingdao Branch, in collaboration with telecom and digital finance partners, introduces digital yuan hardware wallet and "deferred payment" model to simplify transit payments. The post China Expands Digital Yuan Accessibility Through Hardware Wallet Integration appeared first...

China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors


The People’s Bank of China publishes a digital yuan service guide for foreign visitors, detailing steps to download apps, open wallets, link accounts, and complete payments. The post China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors appeared first on Cryptonews

China’s Shandong Province Introduces Digital Yuan Loan for Entrepreneurs


Shandong Province offers entrepreneurs digital yuan loans, indicating China's push for digital economy amidst discussions on legal frameworks at the ongoing national legislative conference. The post China’s Shandong Province Introduces Digital Yuan Loan for Entrepreneurs appeared first...

Hong Kong to Kickstart New Web3 and Digital Yuan Initiatives This Year


The city of Hong Kong has detailed the advancement of new Web3 and digital yuan initiatives as part of its 2024-2025 budget. In a speech, Hong Kong Financial Secretary Paul Chan stated that the city would expedite a Web3 sandbox for stablecoins and expand the digital yuan pilot as part of...

Chinese Authority Warns of Fake Digital Yuan App Scam


Chinese Ministry of Industry and Information Technology cautions against counterfeit digital yuan apps as scam tactics evolve, urging the public to verify through official channels. The post Chinese Authority Warns of Fake Digital Yuan App Scam appeared first on Cryptonews

Digital Yuan Now Used to Complete Car Prepurchase Payments


The digital yuan, China’s central bank digital currency (CBDC), is being used as a security element in car prepurchase payment settlements. According to local media reports, a pilot test that allows customers to pay for their cars with digital yuan was established in early February...

Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts


China’s Shenzhen has introduced a new era of automotive purchasing with digital yuan smart contracts, offering enhanced pre-payment security for car buyers in collaboration with Agricultural Bank of China. The post Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts appeared first...

UAE and China Complete First $13.6M Cross-Border CBDC Transaction


The United Arab Emirates and China have executed their first cross-border central bank digital currency (CBDC) transaction valued at $13.6 million using digital dirham and digital yuan. According to People.cn, the 50-million-dirham ($13.6 million) transaction occurred via the m-CBDC Bridge platform...

Bank of Japan Holds First CBDC Meeting with Key Finance Officials


Japan’s central bank and the Finance Ministry reportedly had their first meeting to discuss a potential central bank digital currency (CBDC) on Friday. Local outlet NHK News reported that executives from relevant ministries and central bank directors discussed issues regarding a CBDC. The Ministry...

Chinese Central Bank to Expand Digital Yuan Pilot in Hong Kong


The central People’s Bank of China says it plans to expand its “cross-border” digital yuan pilot in Hong Kong. Per a Weibo post from the media outlet Caixin, and a report from The Paper, the Deputy Governor of the PBoC Xuan Changneng said the bank wants to “deepen the cross-border e-CNY pilot”...

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