On the first day of the Year of the Rabbit, Li, a citizen of north China's Tianjin Municipality, was preparing a red packet for her daughter, a monetary gift traditionally given by the elderly to the younger generation during the Spring Festival.

January30,2023

With the latest update of the digital yuan application, China has expanded its digital yuan pilot to more cities and scenarios, reported Shanghai Securities News on Thursday.

December23,2022

China's central bank has called for efforts to facilitate interconnectivity between the digital yuan system and traditional e-payment tools to make it more convenient for customers to use digital currency..

September13,2022

Transactions of China's digital fiat currency, the e-CNY, hit 83 billion yuan (about 12.33 billion U.S. dollars) by the end of May this year, the country's central bank said Wednesday.

July14,2022

When consumers in some big cities like Beijing and Guangzhou open the mobile app of the Chinese online food delivery platform Meituan, an enticing digital red packet would be on offer.

June22,2022

China is expected to further advance its pilot programs of the digital fiat currency, or the e-CNY, as digital yuan payment is becoming accessible to the general public and gains more and more popularity.

March17,2022

The commerce bureau of the southern Chinese city of Shenzhen will hand out consumption coupons worth over 25 million yuan (about 3.95 million U.S. dollars) in China's digital fiat currency, or the e-CNY, during the upcoming Spring Festival.

January27,2022

China started to pilot test digital yuan in 2020 to create a new form of yuan that meets the public demand for cash in the digital economy era.

December27,2021

Pilot scenario construction for using China's digital fiat currency, or the e-CNY, during the Beijing 2022 Winter Olympics has entered a final sprint as part of the country's efforts to promote the new payment form.

December03,2021

From bill settlements in restaurants to transactions on the futures market, China's digital fiat currency, or the e-CNY, has been piloted in various scenarios amid the country's push to develop this nascent form of payment.

November11,2021

Transport authorities of Beijing Municipality announced that the use of digital renminbi (RMB) has been fully supported in a city-wide rail transit system since August 1, reported CCTV on Monday.

August02,2021

China's central bank said Thursday it is confident of continuing to expand the pilot program of digital yuan for which the upcoming Beijing Winter Olympics will be an important test scenario.

July09,2021

China is exploring ways to use its digital yuan for cross-border transactions to meet market demand, the central bank said on Thursday.

April02,2021

China's digital yuan pilots and tests are making steady progress, according to a researcher under the People's Bank of China, the country's central bank.

March23,2021

China's southern boomtown of Shenzhen will issue digital currency worth 20 million yuan (about 3.1 million U.S. dollars) as part of a pilot program to promote the application of the new form of currency.

January21,2021

The digital yuan wallets in multiple pilot areas of China have developed into "hardware wallets" currently, and the application scenarios of digital yuan are expected to be more rich, reported China Securities News Wednesday.

January13,2021