Yuan
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Regulation
China’s Fujian Province processes nearly $22B in digital yuan transactions
Increasingly, Chinese toll booths are enabling drivers to pay highway tolls using the country’s CBDC. The province announced that it…
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Regulation
WeChat integrates digital yuan into its payment platform
WeChat, China’s leading social networking and payment app, has added the country’s central bank digital currency (CBDC), to its payment…
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Russian bank issues first on-chain bank guarantee in Chinese yuan
Moscow Credit Bank has issued a blockchain-based bank guarantee denominated in Chinese currency, claiming that the product is the first…
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Blockchain
Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain
Blockchain A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution…
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