AgBank — the world’s third-largest bank by assets — has indicated it will follow the PBoC’s cue and work to stamp out its clients’ crypto-related
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Shanghai to Hand Out $3 Million in Digital Yuan Lottery
As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among
Read moreChinese Banks Promoting Digital Yuan Over Alipay Ahead of May Festival
Several major Chinese banks are promoting the use of digital yuan over local payment firms like Alipay and WeChat Pay ahead of the upcoming shopping
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Top Chinese banks promote CBDC over local payment firms for shopping festival
Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China.
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Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention
Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has
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China’s digital yuan is backup to AliPay and WeChat Pay, says official
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China.
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