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Chinese E-Commerce Giant JD.com to Build CBDC Digital Wallet to Support China’s DCEP

Chinese E-Commerce Giant JD.com to Build CBDC Digital Wallet to Support China’s DCEP

JD.com has recently partnered with the People’s Bank of China Digital Currency Research Institute to build mobile apps and wallets to support China’s CBDC.

The Reserve Bank of India Has its Eyes on CBDC

The Reserve Bank of India Has its Eyes on CBDC

The Governor of the Reserve Bank of India says the monetary authority is “very much in the game” to launch a CBDC.

China’s CBDC Research Institute Partners with Didi Chuxing to Explore “Smart Travel” with the Digital Yuan

China’s CBDC Research Institute Partners with Didi Chuxing to Explore “Smart Travel” with the Digital Yuan

China’s Central Bank Digital Currency Research Institute and Chinese transportation giant Didi Chuxing have reached an agreement to explore and develop the use of digital yuan in the transportation industry.

China's Pursuit of Digital Yuan "Unswerving" in Wake of COVID-19 Global Pandemic, says Central Bank

China's Pursuit of Digital Yuan "Unswerving" in Wake of COVID-19 Global Pandemic, says Central Bank

China’s central bank has further galvanised its public commitment to creating the first central bank digital currency (CBDC), a digital version of the Yuan, at an annual meeting hosted last Friday by the People’s Bank of China (PBoC) vice governor Yifei Fan.

China’s Major State-Run Commercial Banks Test CBDC Digital Wallet

China’s Major State-Run Commercial Banks Test CBDC Digital Wallet

China’s major state-run banks are testing out its central bank digital currency (CBDC) digital wallet application. The Chinese central bank, having said that its CBDC, also known as digital currency electronic payment (DCEP), is “almost ready,” is finally moving a step closer to its official launch nationwide.

South Korea’s CBDC Pilot to Enter into Distribution Phase Next Year

South Korea’s CBDC Pilot to Enter into Distribution Phase Next Year

South Korea’s central bank is looking to start the testing of the distribution of its central bank digital currency (CBDC) next year.

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