Digital yuan, or E-CNY, is accepted at Beijing 2022 licensed product official store in the Main Media Center (MMC) for Beijing 2022 Winter Olympics on January 25, 2022 in Beijing, China.

The rollout of Digital Yuan has the potential to impact not only China but also international financial markets. Distributed Ledger Technology (DLT) in Cryptocurrency What is DLT and How Does It Work?

Beijing should consider allowing for Chinese Yuan (CNY)-backed stablecoins if ... from legacy technology into more modern distributed ledger technology, that’s great,” he told SCMP.

Written by Zoe Wilkerson, Content Specialist, on behalf of Yuan Globalize. Imagine a time in the future when handling your money is as easy as swiping your fingertip in a secure digital setting.

Public sector workers in an eastern Chinese city are set to be paid fully in digital yuan, as the country makes a significant push to popularize the currency. Changshu, located in the province of ...

Changshu, a city of 1.7 million residents, was already experimenting with the digital yuan, a form of money that exists only online and is managed and backed by China’s central bank.