Tencent’s social app WeChat had launched a mini program called "Tencent e-CNY Wallet", though the program is still in the process of A/B Testing.
The People's Bank of China (PBoC) announced on April 2 that several cities including Tianjin and Guangzhou will be added as new pilot areas for the country's digital currency, or e-CNY.
This week: Chinese tech giants tighten platform rules on digital collectibles as regulation remains uncertain, China strengthens control of capital outflow following US Fed's interest rate hike, and more.
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.
This week: ByteDance-owned VR startup Pico strengthens ties with U.S. chipmaker Qualcomm, China to expand testing of e-CNY, Tencent delves deeper into metaverse despite government warnings, and more.
The pilot digital yuan project has covered more than 400,000 scenarios at the Olympics, with a transaction amount of 9.6 billion yuan ($1.509 billion).
Data from the app stores operated by Huawei, Xiaomi, OPPO, Vivo and other major Chinese smartphone makers show that the cumulative downloads of a recently released digital yuan mobile application have exceeded 20 million.
This week: The Sandbox metaverse names Mega City project partners, e-CNY wallet tops download charts in app stores, NFT projects endorsed by Jay Chou top OpenSea’s 24-hour sales chart, and more.
On Friday, Chinese telecom giant JD.com announced the implementation of third-party access to the digital RMB system on its platform.
This week: Bilibili launches first NFT series "Dovthe," e-CNY will enter WeChat Pay, GameStop shares surge on plan to enter NFTs, and more.
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.
The southern Chinese city of Shenzhen on Friday officially launched a pilot project involving the integration of digital currency into public transportation networks, a new initiative aimed at encouraging citizens to practice greener travel.