The Digital Source For China's Tech Innovation Since 2000

China, HK Enter Second Phase of Cross-Border Digital Yuan Trials: Report

December 11, 2021
Source: intellasia.net intellasia.net
News Snapshot:
[China, HK Enter Second Phase of Cross-Border Digital Yuan Trials: Report] China and Hong Kong are in the second phase of testing cross-border transactions using central bank digital currencies (CBDCs), Mu Changchun, director of the Digital Currency Institute of the People’s Bank of China, said Thursday, according to Shanghai Securities News. The two have successfully carried out the first phase of technical testing of topping up, transferring and paying through digital yuan wallets in collaboration with Hong Kong banks and merchants, Changchun said at the Hong Kong International Financial centre Status and Prospects Seminar. In the second phase, they will...
Go To Original Source →
Tags: bank | Bank of China | Changchun | China | crypto | currency | digital | E-CNY | Emirates | finance | financial | fintech | Hong Kong | HTML | international | KONG | news | payment | power | Renminbi | retail | Shanghai | Thailand | United Arab Emirates | Yuan

Other Related News:

Nigel Farage is a hit on TikTok – but are young voters listening or laughing?

May 11, 2025

“Qt is everywhere” – we hear about the development framework secretly featuring on billions of devices across the world

May 11, 2025

Trump to embark on Middle East trip to meet Gulf allies

May 11, 2025

This Week in Explainers: How India-Pakistan reached the brink of war and then paused

May 11, 2025

National Technology Day: All you need to know aout the India’s Nuclear Might for UPSC Exam

May 11, 2025

A decade-long search for a battery that can end the gasoline era

May 11, 2025

History Today: How India became a nuclear nation with Pokhran tests

May 11, 2025

Inside Australia's Major Airport Expansion Programs

May 11, 2025

John and Alice Harper have run a clothes store in Manchester since 1996

May 11, 2025
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2025 ChinaTechNews.com. A Service of Asia Media Network.
Twitter