The application of China's Digital Currency Electronic Payment (DC/EP), also known as digital yuan, which has already been on a fast development track since last year, is taking another critical step forward with new scenarios in the business-to-business segment and wage payments. JD.com Inc, the country's second-largest online...More

The People's Bank of China (PBC), the central bank, is preparing for a digital currency, with various tests proceeding in different regions of China as the country develops more digital currency applications. Sun Guofeng, an official with the PBC, said Tuesday at a regular press conference that the...More

The Digital Currency Research Institute of the People's Bank of China (PBC), China's central bank, has said that the research and development work of China's official digital currency, dubbed as DC/EP, is proceeding steadily, and the internal pilot tests are carried out in four cities and will be...More