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Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
4.12.2025
The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government
Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
4.12.2025
The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government
Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
4.12.2025
The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government
Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
4.12.2025
The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government
Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
4.12.2025
The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government
Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
4.12.2025
The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government
Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
4.12.2025
The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government
Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
4.12.2025
The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government
Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
4.12.2025
The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government
Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
4.12.2025
The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government
Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
4.12.2025
The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government
Major Chinese Bank Offer Digital Yuan Users Carbon Credit Rewards
28.5.2024
A major Chinese Bank, Industrial Bank, will reward digital yuan-using customers with carbon points as it targets CBDC adoption.
The post Major Chinese Bank Offer Digital Yuan Users Carbon Credit Rewards appeared first on Cryptonews
China Looks to Ramp up ‘Cross-border’ Digital Yuan Spending
1.1.2024
Source: Keitma/Adobe Chinese bank chiefs are looking to start 2024 by driving up “cross-border” digital yuan spending. Per the Haikou Municipal Commerce Bureau (via Hainan News), the tourism hub of Haikou has begun issuing over $706,000 worth of “offshore tax-free coupons” for digital yuan-paying...
Chinese Bank Seals First-ever Cross-border CBDC-powered Precious Metals Deal
21.12.2023
Source: pla2na/Adobe The Bank of China has completed the world’s first cross-border CBDC-powered precious metals deal – a gold transaction worth some $14.1 million. Per the Shanghai Securities News and the China Securities Network, the deal involved the Shanghai Branch of the Bank of China,...
China Links Digital Yuan to ‘World’s Biggest Commodities Market’
27.11.2023
Source: kitti/Adobe A state-owned Chinese bank will link the digital yuan to the “world’s biggest small commodities market” via the latter’s payment platform. Per the People’s Daily, the new “cross-border” CBDC drive is the brainchild of the Bank of China and the city of Yiwu. Not to be confused...
Singapore Firm Strikes Cross-border Digital Yuan Deal with Chinese Bank
24.10.2023
A Singaporean payments firm has sealed a “cross-border” digital yuan cooperation deal with a major Chinese bank, in another breakthrough for the CBDC.
Per the Shanghai Securities News, the deal was concluded by Thunes, a global payment infrastructure provider, and the China Construction Bank...
Chinese Bank Rolls Out Digital Yuan Supply Chain Financing Solution
17.10.2023
More Chinese banks want to use digital yuan-powered smart contracts in their operations, and hope to use the CBDC in the financing of supply chains.
Per Xinhua (via the People’s Daily), the Agricultural Bank of China will work on a solution with Luzhou Laojiao.
The latter is a traditional alcohol...
Chinese Bank Uses Digital Yuan Giveaway to Promote Waste Recycling Drive
4.9.2023
A Chinese commercial bank has launched new digital yuan-powered recycling rewards programs, with citizens receiving CBDC tokens in exchange for recycling their waste.
Per Danzong, via Xinhua, the Qingdao Branch of the Bank of Communications has launched a CBDC-powered rewards solution.
The bank...
Chinese Bank Launches CBDC Bulk Commodity Clearing Service – Digital Yuan Adoption Accelerates?
26.7.2023
Banks in China are looking to adopt the digital yuan in more of their operations, and have launched the nation’s first central bank digital currency (CBDC)-powered settlement service for bulk commodity spot clearing.
Per JRJ, Industrial Bank, a Fuzhou-based joint-stock commercial bank,...
S Korea Claims Cross-border CBDC Success, Chinese Bank Chief Says e-CNY Will Boost Trade
7.11.2022
East Asia could become the central bank digital currency world’s center of gravity – with major cross-border functionality advances on the cards in China and South Korea.
In South Korea, the central Bank of Korea (BOK) has claimed that its “second phase” of pilots has now been “successfully...