Public sector workers in an eastern Chinese city are set to be paid fully in digital yuan, as the country makes a significant push to popularize the currency. Changshu, located in the province of ...

The digital Yuan is China's electronic currency. Also known as e-CNY or e-RMB or e-yuan, this currency stands in direct competition with cryptocurrencies, corporate payment systems, and mobile ...

The downfall of Yao Qian, who spearheaded China’s digital currency design at the People’s Bank of China, has raised concerns over the digital yuan’s development. China’s top anti ...

also known as the electronic Chinese yuan or digital yuan, also opens up new forms of government surveillance and social control. The head of UK intelligence agency GCHQ, Jeremy Fleming ...

That would increase the appeal of the yuan, even if China’s capital controls remained in place. The digital yuan could also change the way those controls work, by programming them into the ...

The Chinese Ministry of Industry and Information Technology has issued a warning about a counterfeit digital yuan application that is deceiving users by mimicking the official platform.

Total transactions since late 2019 reached 83 billion yuan ($12.3 billion) as of the end of May. Nearly 4.6 million merchants across China have come to accept the digital yuan, known as the e-CNY, as ...

China has released the new digital yuan app for iOS and Android on domestic app stores. Now available to users in 23 cities across China, the app will enable millions of users to use the e-CNY by ...

With China's push toward a digital Yuan, users can reap many advantages. First and foremost, moving towards a cashless society can make it much easier to pay for things and store money.

""You could envision a world 10 years from now where a third of the globe"" is using the digital Yuan because they're engaged with China, Giancarlo said.