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China Extends Digital Currency Trials to Beijing Subway

China has expanded the trials of its upcoming central bank digital currency (CBDC) to its capital Beijing’s subway netwo ...

|Aug 12, 2021
CBDC Trial Instruction Reveals Merchants Cannot Decline Payments in E-Yuan

According to an operational guidance document handed out to merchants during the digital Yuan pilot program, there will ...

|Dec 26, 2020
PBoC Plans To Use DCEP To Target Technology Giants Dominance

The central bank of China i.e. People’s Bank of China is making plans to use its digital currency electronic system (DCE ...

|Aug 4, 2020
State Council Committee Planning To Probe Into Alipay And WeChat Pay

The digital payments giants in China, Alipay, and WeChat Pay, might have to undergo an investigation by the State Counci ...

|Jul 31, 2020