More Than 1 Billion Yuan Spent on Digital Yuan Pilot Transactions, PBoC Says

Oct 9, 2020

The digital yuan has been heavily promoted in the past several months, but few of the major organizations and entities have disclosed any significant data on how their pilot programs were progressing. With multiple regional and city governments across China spending a huge amount of time and reso...

Shenzhen’s Local Government Says Digital Yuan Testing is Making Positive Progress

Aug 21, 2020

After news about new digital yuan pilot projects was reported earlier this week, another major update on the current state of China’s digital national currency was revealed. This time, the update came from Shenzhen, where the local government issued an official comment on the current state and ...