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digital yuan News and Articles



China ceases rumors of real estate trades with digital yuan

China ceases rumors of real estate trades with digital yuan

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China ceases rumours of real estate trades with digital yuan. It is sure now that the statements with reference to digital yuan being used to purchase estate are false. From the moment of its appearance, being extremely popular digital yuan has attracted a lot of of users. At the moment, China’s...

Digital Yuan

China is closer to launching digital yuan thanks to Alipay

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The People's Bank of China, with the support of the payment company Alipay, has finished work on the basic functionality of the digital currency and has now focused on preparing laws to regulate its circulation. Indirectly, the transfer of the project to a new stage is indicated by Alipay's...

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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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