Chinese Bank Connects Digital Yuan to Largest Small Commodities Market A state-owned Chinese bank, the Bank of China, has partnered with the city of Yiwu to…
China and Hong Kong to Integrate Digital Yuan Payment System The People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) are currently in…
The Potential of Digital Yuan for Commodities and Services Settlements The People’s Bank of China (PBOC) is exploring the possibility of using the digital yuan, China’s…
Petrochina Makes Historic Digital Yuan Payment in Commodities Market Petrochina, the largest oil and gas producer in Asia, has made history by completing a settlement using…
The Digital Yuan Used for Oil Transaction for the First Time The Shanghai Petroleum and Natural Gas Exchange (SHPGX) has announced that the digital yuan, China’s…
PetroChina Completes First International Crude Oil Trade Using China’s Digital Yuan PetroChina, a Chinese oil and gas conglomerate, has made history by completing the first-ever international…
Chinese Banks Embrace Digital Yuan and Smart Contracts for Supply Chain Financing Chinese banks are increasingly interested in utilizing digital yuan-powered smart contracts in their operations,…
Shenzhen’s Industrial Park Promotes China’s Digital Yuan The city of Shenzhen in China has established an industrial park to promote the country’s central bank digital currency…
China has unveiled an industrial park in the Luohu district of Shenzhen dedicated to the development of the digital yuan ecosystem. This move comes as the…
