All by tag: e-CNY

The transaction was carried out using the Soochow Securities payment application

The national digital currency is already accepted in 5,6 million retail outlets

The country is gradually increasing the number of regions that have launched a pilot project to use e-CNY

In the first five months of 2022, the total sum of transactions in e-CNY amounted to $121 billion

According to senators, operations with e-CNY can give the Chinese government access to Americans’ confidential data

According to the local media, the payment process is “no different from Alipay or WeChat Pay”

The institution noted an increase in the number of transactions and users following the results of the first phase.

The retailers will be able to receive payments in the national cryptocurrency through third-party operators

China’s national cryptocurrency will allow countries under US sanctions to bypass global financial systems, the Senate believes

More than $315 000 in digital yuan is used daily at the Olympics

However, most of the e-CNY transactions were outside the “Olympic” zone

The analysts don’t see much point in a Chinese CBDC