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Tag: Suzhou

Local Officials Set Ambitious Targets for Digital Yuan Transactions

Local news site JS China reports that top Communist Party officials were present in the City of Suzhou on February 1 for an annual...

China’s Suzhou city joins other regions in the country seeking to be metaverse hub

Suzhou, a city of 12 million people in China’s Jiangsu Province, released a plan on Wednesday to become a hub for metaverse development and...

Digital yuan sales during Lunar New Year up from last year, online retailers say

The transaction volume of digital yuan, China’s central bank digital currency (CBDC), during the Lunar New Year shopping season on JD.com, one of the...

Soochow Securities and Bank of China Launches E-CNY Payments

e-CNY payments were used to purchase wealth management services. Suzhou is one of the first four pilot cities to launch digital renminbi – China’s...

BMW Partners With Coinweb To Deliver a New Blockchain Project

Central Bank Digital Currencies (CBDCs) are digital versions of a country’s fiat currency, issued and backed by the central bank. While many central banks...

What are Central Bank Digital Currencies?

Central Bank Digital Currencies (CBDCs) are digital versions of a country’s fiat currency, issued and backed by the central bank. While many central banks...

CAR-T Cell Therapy Global Market Report 2022: Rapid Pace of Innovation Spurring Investment and Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “CAR-T Cell Therapy Market by Target Indications, Target Antigens, Key Players and Key Geographies – Global Forecast 2022-2035” report has been added...

Asia-Pacific’s medical devices industry saw a drop of 7.32% in deal activity during February 2022

Asia-Pacific’s medical devices industry saw a drop of 7.32% in deal activity during February 2022, when compared with the last 12-month average, led by Bain Capital Private Equity’s $556.1m for 60.8% stake in Classys, according to GlobalData’s deals database. Embed this chart Embed this chart into your website Copy and paste the image source into …

The post Asia-Pacific’s medical devices industry saw a drop of 7.32% in deal activity during February 2022 appeared first on Medical Device Network.

Digital yuan is being used to make 2 million yuan worth of payments each day at the Beijing Olympics, a PBoC official revealed.

A top official from The People’s Bank of China (PBOC) has provided an update on the latest trial of the Chinese central bank digital currency (CBDC) during a webinar arranged by the Atlantic Council Tuesday. The digital yuan, or e-CNY, is currently being tested at the Beijing Winter Olympics, Reuters reported.   Two million yuan […]

PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per Day

PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per DayThe People’s Bank of China (PBOC), the Chinese central bank, has revealed how its central bank digital currency (CBDC) is being used at the Beijing Winter Olympics. A top PBOC official says, “It seems all the foreign users are using hardware wallets.” Digital Yuan’s Latest Trial A top official from the Chinese central bank, the […]

20% of the Chinese population has set up wallets for the country’s CBDC.

Chinese local media outlets report that approximately a fifth of the country’s population, some 261 million people, have set up wallets for the country’s central bank digital currency (CBDC), the digital renminbi (RMB). The information was revealed at a press conference held by the State Council Information Office on Jan 18. The reports also mentioned […]

Read full post 20% of the Chinese population has set up wallets for the country’s CBDC. on Chaintimes.com.

Digital Yuan Wallet Ranks among Most Downloaded Apps in China



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