Tag: digital yuan

Deputy Governor Of The PBOC Reveals Details Of CBDC Testing

The PBOC official recently revealed some data regarding digital yuan testing. The bank opened 113,300 wallets for personal use, and 8,859 for corporate...

China’s Iron Ore Importers Plan To Switch To Digital Yuan

China's iron ore importers have expressed interest in abandoning the USD and switching to Chinese yuan. They also noted that they would adopt...

The Digital Yuan Might Come Sooner Than Expected

Rumors that the Chinese government is developing a digital yuan have been circulating for more than a year now. Just last year, the deputy...

China Begins Testing It’s Digital Version Of The Yuan

The Chinese government has spent most of 2019 denying the idea of them building a digital yuan. Now it appears that the deputy director...
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