Digital renminbi (Chinese: 数字人民币; also abbreviated as digital RMB and e-CNY), [1] or Digital Currency Electronic Payment (DCEP, Chinese: 数字货币电子支付; pinyin: Shùzì huòbì diànzǐ zhīfù), is a central bank digital currency issued by China's central …

2021年3月5日 · China has given away millions in its digital yuan trials. This is how it works. The People's Bank of China has been developing the digital yuan, a so-called central bank digital...

2024年7月15日 · What is the e-CNY/Digital Yuan? The digital Yuan is China's version of a central bank digital currency, which means the central bank gets directly involved in issuing individual...

2020年12月9日 · The Digital Currency Electronic Payment (DC/EP) is a digital version of the yuan – China's national currency. The DC/EP is backed by yuan deposits held by China's central bank and has been...

2023年6月2日 · Since 2014, the People’s Republic of China has been developing a digital currency called the digital yuan—also known as e-yuan, e-CNY, digital renminbi, or digital RMB. This new technology provides an array of options for overseeing China’s colossal and fragile financial system, as well as opportunities for economic influence abroad.

2024年2月8日 · The digital yuan, also known as the e-CNY and digital renminbi, is a central bank digital currency (CBDC) issued by China’s central bank, the People’s Bank of China (PBOC). The digital yuan...

2022年11月8日 · Unlike a cryptocurrency like Bitcoin, the digital yuan is issued directly by China’s central bank and does not depend on a blockchain. The currency has the same value as its analog...

2023年10月10日 · With 120 million wallets opened and its potential utility in expanding the overseas adoption of Chinese currency, countering the risk of Western sanctions and chipping away at US dollar...

2024年8月16日 · The digital yuan is a key element in China's strategy to enhance financial sovereignty, internationalise the yuan, and provide an alternative to cryptocurrencies like Bitcoin. This article explores the current status, usage, and implications of the digital yuan.[1]

2021年7月14日 · China’s answer to the cryptocurrency challenge, the e-CNY central bank digital currency, is set for rapid take-off on its expected launch in 2022. Deutsche Bank’s research team examines the digital currency in detail and provides answers to common questions about e-CNY.