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digital yuan

Crypto-Friendly DBS Bank Launches Digital Yuan Designed for CBDC Payments

A crypto-friendly bank founded by the government of Singapore is launching a digital version of the Chinese yuan designed for…

July 5, 2023

Mastercard in Talks With China’s Central Bank in Push To Support Digital Yuan: Report

Mastercard is reportedly negotiating with China’s central bank to support cross-border use of the digital yuan. According to SCMP, the…

May 7, 2021

Alibaba’s Fintech Giant Ant Group Joins China’s Push To Launch Digital Yuan

MYbank, a subsidiary of Alibaba’s payment giant Ant Group, is reportedly now aiding China in its effort to develop a…

March 1, 2021

McDonald’s and Starbucks Testing New Central Bank Currency As China Prepares to Launch Digital Economy

The People's Bank of China (PBOC) is taking the trial phase of its digital yuan to the next level after…

April 25, 2020