digital yuan News and Articles


digital yuan China

China disclosed details of the digital yuan issuance

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Financial company Huatai Securities published a report on the details of the payment system and digital currency of the Central Bank of China under development called DCEP (Digital Currency Electronic Payment). “Unlike digital currencies within a decentralized system such as bitcoin, DCEP uses a...

China's "Digital Yuan" might launch in 2020!

China's "Digital Yuan" might launch in 2020!

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The year 2019 has been quite the year for bitcoin. Although it has not seen its value rise like in 2017 it has caught the attention of many banks as well as authorities across the globe that are thinking to implement it into their systems. But now bitcoin is set to face an intense rivalry with...

China digital yuan

Bank of China: digital yuan will appear on WeChat and Alipay

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The digital currency from the People’s Bank of China will appear in WeChat and Alipay payment systems. You can use it without the Internet. This was reported by Reuters with reference to the deputy head of the payment unit of the People’s Bank of China (ZRY) Mu Changchun. Development should...

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