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Digital Yuan to Promote International Use of Chinese Currency, Experts Say

Digital Yuan to Promote International Use of Chinese Currency, Experts SayThe new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB, CNY) is becoming one of the world’s most important currencies, the People’s Bank of China is planning to conduct cross-border tests with the yuan’s digitized version, the e-CNY. Digital Yuan […]

Gen Z trader rugs meme coin during livestream, community’s revenge sends token to $80M

Hong Kong to Connect Digital Yuan With Domestic Payments System in Cross-Border Trials

Hong Kong to Connect Digital Yuan With Domestic Payments System in Cross-Border TrialsFinancial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the upcoming tests, the city will link the Chinese digital yuan to its domestic payments system to evaluate the CBDC’s usability in cross-border scenarios. Hong Kong Residents to Load E-CNY Wallets via Mobile Phones China […]

Gen Z trader rugs meme coin during livestream, community’s revenge sends token to $80M