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Nalezeno "digital yuan": 567

Hebei, China, Issues Digital Yuan Discount Coupons


The Chinese province of Hebei is attempting to spur digital yuan adoption by issuing residents central bank digital currency (CBDC) discount coupons. The coupons, Hebei Daily News reported, will see citizens in Baoding’s Xiong’an New District enjoy subsidized discounts of up to $73. They can...

China Pushes Digital Yuan for Wage Payments in Changshu


Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the digital currency, which has been included...

Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain


According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected for the tests, will allow the project to...

China’s Wechat Adds Support for Digital Yuan Payments


Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the People’s Bank of China. Wechat Pay Follows Alipay...

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