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HKMA Seeks Public Consultation for e-HKD Development
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HKMA Seeks Public Consultation for e-HKD Development

In Hong Kong, the local financial regulator has issued a discussion paper to the public, asking for the public opinions about introducing domestic retail central bank digital currency.

U.S. Should Examine Chinese Digital Yuan Rollout during Winter Olympics: Senator Toomey
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U.S. Should Examine Chinese Digital Yuan Rollout during Winter Olympics: Senator Toomey

Senator Pat Toomey, a senior member of the U.S. Senate Banking Committee, urges the Treasury and State Departments closely examine Beijing’s CBDC rollout during the Olympic Games.

China's e-CNY is Growing, despite Local Payment Options Lack behind
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China's e-CNY is Growing, despite Local Payment Options Lack behind

China’s CBDC is growing at a fast pace as data released official from the PBOC financial markets department revealed the new legal tender has inked a total of 87.57 billion yuan ($13.68 billion) in transactions since public trials began.

WeChat Offers Digital Yuan Payments Ahead of Beijing Winter Games
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WeChat Offers Digital Yuan Payments Ahead of Beijing Winter Games

WeChat has become compatible with payments using the digital yuan ahead of the Beijing Winter Olympics, owner Tencent Holdings said.

Macau Likely to be Test Bed for China's Digital Yuan: Reuters
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Macau Likely to be Test Bed for China's Digital Yuan: Reuters

Macau is expected to be a testbed for China's digital yuan, also known as the e-CNY, as casino operators prepare to bid for new licenses in the city for the first time in two decades.

HK FinTech Week: China’s eCNY Wallet Registers 140M Users, Rises 6 Times More, says PBoC Official
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HK FinTech Week: China’s eCNY Wallet Registers 140M Users, Rises 6 Times More, says PBoC Official

China’s digital yuan wallet has witnessed its user base rise six times more just after the past four months to hit 140 million active accounts.

Chinese Authorities Wants McDonald's to Expand its Digital Yuan Acceptance
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Chinese Authorities Wants McDonald's to Expand its Digital Yuan Acceptance

Chinese authorities are reportedly mounting pressure on McDonald’s as well as other American firms to expand their acceptance of the e-CNY

Top Chinese State-Owned Banks Promote Digital Yuan Ahead of Shanghai 'Shopping Festival'
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Top Chinese State-Owned Banks Promote Digital Yuan Ahead of Shanghai 'Shopping Festival'

Chinese state-owned banks are reportedly promoting the country's CBDC ahead of a major shopping festival in Shanghai, which takes place on May 5.

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