Digital RMB
Digital RMB used for driverless bus rides for first time
China's first test of using Digital RMB to ride driverless buses was completed in Suzhou, marking the first time China's legal digital currency has been used to ride a driverless b
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Some banks in China are allowing users to withdraw cash from their digital RMB at ATMs
With the growing use of digital RMB pilots, some banks in China are allowing users to withdraw cash from their digital RMB at ATMs.
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Alipay starts testing support for e-CNY
Alipay connects more than 80 million merchants and over 2,000 financial institution partners, with over 1 billion users in China.
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China's central bank says it will consider using e-CNY for cross-border payments when conditions are right
The e-CNY, China's digital currency, will be used for cross-border payments when conditions are ripe to meet market demand, a Chinese central bank official said on April 1.
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China's e-CNY pilot has seen 10 million people participate
China's e-CNY has run seven rounds of pilots in Shenzhen, Suzhou, Beijing, and Chengdu, distributing a total of RMB150 million ($22.88 million) in digital money.
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China's central bank official says e-CNY to coexist with Alipay and WeChat Pay
If Alipay and WeChat experience technical or financial failures, it could have a negative impact on the stability of China's financial system, he said.
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Chinese central bank official explains how e-CNY handles user privacy
E-CNY, China's digital currency, features "controlled anonymity," a Chinese central bank official said recently.
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Hong Kong, mainland cooperate in testing digital RMB
The Hong Kong Monetary Authority is working with the Digital Currency Research Institute of the People's Bank of China to test cross-border payment technologies using digital RMB a
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Suzhou to launch second digital RMB gift money distribution worth RMB 30 million
Suzhou, a city in eastern China, will launch its second digital RMB gift money distribution of RMB 30 million yuan on February 5, each amounting to RMB 200, for a total of 150,000
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Screen-equipped wallet appears in Shanghai's Digital RMB pilot
The pilot is the first time to realize the hard wallet payment mode without a phone. It provides the possibility for people who have difficulty using smart terminals to use Digital
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