The third batch of e-CNY pilot areas in China is reported to be unveiled soon. Tianjin, Hangzhou, Zhejiang Province, and Fuzhou, Fujian Province are expected to be selected.
As an Olympics like none before draws to a close, Pandaily had a look at some of the key technologies underpinning the Beijing Olympic bubble.
During the 2022 Spring Festival holiday, citizens in 12 locations piloting the new digital RMB were able to experience for the first time the convenience and ease of use the new form of currency offers.
China's digital yuan is set to undergo a closely watched pilot run at this year's Winter Olympics.
China’s central bank has recently released the pilot version of an app for e-CNY, the country's official digital currency, on the Apple and Android app stores. Furthermore, the digital RMB wallet of WeBank was also launched.
Residents of pilot cities in China can pay for meals with the digital RMB while taking food delivery on Meituan.
Ant Group and the Digital Currency Research Institute at the People's Bank of China (PBC) signed a strategic cooperation agreement last year to jointly promote the construction of a digital RMB technology platform.