Hot search keywords

Hot search keywords

Tag Archives: Shenzhen

e-CNY in First Stimulus Purpose Use

Jun 6, 2022

Olusegun Ogundeji

China's central bank digital currency (CBDC), the digital yuan (e-CNY), has been used for economic stimulus purposes for the first time. Shenzhen, and Xiong’an New Area last week announced the distribution of free e-CNY red envelopes which represent monetary gifts for residents to us...

Chinese State-Owned Bank Tests Digital Yuan ATMs In Shenzhen

Jan 13, 2021

The Agricultural Bank of China has rolled out “digital yuan-enabled” Automatic Teller Machines (ATMs) in some of its branches across the city of Shenzhen. This move is part of the innovations that have been added to the ongoing test of China’s digital yuan project in Shenzhen. T...