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Tag: Yuan

China’s digital yuan could be a fatal blow for Macau casino junkets

April 22, 2021 wp-bot Cointelegraph

Macau’s casino junket operators have already been on the rocks during the coronavirus pandemic, and some fear that they could be “faded out” following the

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Digital yuan campaign planned for contested island in the South China Sea

April 8, 2021 wp-bot Cointelegraph

Participants will receive a discount for every central bank digital currency expenditure worth 100 yuan.

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China’s digital yuan is backup to AliPay and WeChat Pay, says official

March 26, 2021 wp-bot Cointelegraph

Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China.

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China’s digital yuan will offer best privacy protection, says official

March 22, 2021 wp-bot Cointelegraph

The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs.

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