Home China’s PBOC Facilitates Global Access To E-CNY Payments

China’s PBOC Facilitates Global Access To E-CNY Payments

Share
Share

China’s PBOC Facilitates Global Access To E-CNY Payments

The People’s Bank of China (PBOC) has released a service guide for international visitors to use the digital yuan (e-CNY) for contactless payments.

The guide, titled “Explore the Splendors of China with e-CNY Service Guide for Visitors in China,” aims to simplify the process for foreign tourists to make contactless payments using China’s central bank digital currency.

The e-CNY app, available on the App Store and Google Play, allows users to register for a digital yuan account through local banks without a pre-existing account with Chinese financial institutions. The app supports registration using phone numbers from over 210 countries and regions.

(With inputs from Shikhas Singh)

Share

Latest News

Injective Moves To Put Regulated Securities Ownership On The Blockchain
News

Injective Moves To Put Regulated Securities Ownership On The Blockchain

Injective, a blockchain network, has formally registered its transfer agent with the U.S. Securities and Exchange Commission (SEC), becoming one of the...

Tether Invests $20M In Argentina's Ualá, Deepens Latin America Expansion
News

Tether Invests $20M In Argentina’s Ualá, Deepens Latin America Expansion

Tether has put $20 million into the Argentine digital bank Ualá, buying a stake in one of Latin America’s fastest-growing fintech companies....

Ripple Ally SBI Group Partners With Ondo Finance As ONDO Jumps On Tokenization Push
News

Ripple Ally SBI Group Partners With Ondo Finance As ONDO Jumps On Tokenization Push

SBI Group, a Ripple partner, has formed a strategic partnership with Ondo Finance to help grow tokenized finance in Japan. ONDO’s price...

Visa Launches Stablecoin Platform Backing Open USD As Competition With Circle Intensifies
News

Visa Launches Stablecoin Platform Backing Open USD As Competition With Circle Intensifies

Visa has launched a new platform to help banks, fintechs, and crypto firms issue, manage, and use stablecoins, expanding its role in...

Related Articles

TOP 5 AI Tokens With Strong Real World Utility

Are you looking for some AI-focused crypto projects as Artificial Intelligence (AI)...

How To Trade Memecoins: Top Strategies You Must Know

The cryptocurrency industry has seen a growing influence of memecoins. These memecoins...

Crypto Savings 101: How To Earn Passive Income From Stablecoins

Introduction Let’s imagine a hypothetical situation of wanting to sell Bitcoin after...

How To Know What Drives The Price Of AI Tokens?

Have you ever wondered why some Artificial Intelligence (AI) tokens witness huge...