Digital Yuan news and trends

Cash Use and Crypto Fears Have Countries Turning to CBDCs
CBDC // February 08, 2023

The way people pay for things is changing as the nature of money itself transforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

People’s Bank of China Enables Offline Payments with Digital Yuan
CBDC // January 16, 2023

The People’s Bank of China has reportedly enabled Android users to make offline payments using digital yuan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Central Banks Pursue CBDCs in 2023 but Diverge on Design
CBDC // January 02, 2023

Central banks around the world have diverged in the design of CBDCs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Lagarde: ‘Low-Value, Low-Risk’ Digital Euro Payments Could Be Anonymous
CBDC // November 14, 2022

In a video address as part of a high-level conference on the digital euro earlier this month, the president of the European Central Bank (ECB), Christine Lagarde, announced that the central bank digital currency (CBDC) project had received “strong political backing,” a year after kicking...

Quick Reads
China Extends Digital Yuan Project to 12 New Banks

March 23, 2026
China will reportedly permit select banks to handle its central bank digital currency (CBDC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]

People’s Bank of China Enables Offline Payments with Digital Yuan

January 16, 2023
The People’s Bank of China has reportedly enabled Android users to make offline payments using digital yuan. Get the Full Story Complete the form to unlock this article and enjoy...

GOP Bill Would Ban App Stores From Supporting Apps That Accept Digital Yuan

May 26, 2022
Republican U.S. lawmakers want to ban app stores from hosting apps that let payments be made with the Chinese digital currency, Reuters reported Thursday (May 26), citing a proposal for...

China’s Central Bank to Expand Digital Yuan Trials to More Cities

April 03, 2022
The Peoples’ Bank of China plans to expand its trial for digital yuan to include more cities, a report Saturday (April 3) from Bloomberg said. Get the Full Story Complete...