Bank of China Shanghai Achieves Landmark Cross-Border Digital Yuan Settlement with Shanghai Gold Exchange
This marks the first transaction in the domain of cross-border digital yuan (e-CNY) payments in the precious metals market.

This marks the first transaction in the domain of cross-border digital yuan (e-CNY) payments in the precious metals market.
According to some estimates, around 5.6 million merchants now accept the digital currency as payment.
Chinese firms stand out as some of the most active buyers in the global commodities market, and officials believe that the incorporation of the digital yuan in clearing houses will enhance the security of cross-border settlements for bulk commodities.
China's digital yuan has witnessed tremendous growth as the central bank ramps up its CBDC pilot in the last one-and-a-half ...
The China Merchants Bank, in collaboration with the Civil Aviation Administration Clearing Center, has launched an e-CNY platform enabling companies and entrepreneurs to pay for business air tickets using the digital yuan.
On Friday the Bank of England opened applications for suppliers to provide a sample wallet for a central bank digital currency (CBDC).
The Digital Assets (Market Regulation) Bill 2022 also lays down disclosure rules for Australian e-yuan facilitators.
China's City of Shenzhen has decided to airdrop 30 million digital Chinese Yuan (e-CNY) in red envelops with the help ...
On November 1st, at the 4th China International Import Expo, Bank of China will take multiple measures to popularize the knowledge of digital renminbi: place it in many eye-catching places in the venue, post digital currency single pages and posters, let the basic knowledge of digital currency, open channels, How to use it is clear at a glance.
A recent report by Bank of America analysts said that a CBDC would be different from current digital currencies because it would be the responsibility of the Federal Reserve, rather than commercial banks.