China's ICBC and ABC have activated two-way exchange between digital yuan and cash at over 3,000 ATMs in Beijing, including the Wangfujing shopping district, accelerating CBDC adoption.
The People's Bank of China released a digital yuan service guide for foreign visitors, allowing them to open anonymous wallets with overseas phone numbers and deposit via Visa/Mastercard. The move boosts CBDC internationalization and challenges crypto cross-border payments.
The People's Bank of China releases a digital yuan guide enabling foreign tourists to register with overseas phone numbers, top-up via Visa/Mastercard, with limits of 2,000 yuan per transaction and 5,000 yuan daily.
The People's Bank of China has released a service guide for digital yuan (e-CNY), allowing foreign tourists to download the app, open anonymous wallets without a Chinese bank account, and top up via Visa/Mastercard. Transaction limits are 2,000 yuan per payment.
China’s central bank has released a digital yuan guide for foreign visitors, allowing tourists to open e-CNY wallets, link Visa or Mastercard, and make contactless payments in China.
The People’s Bank of China has released a service guide for foreign visitors using e-CNY. Tourists can download the app, register a wallet with overseas phone numbers, link Visa or Mastercard, top up funds, and pay at supported merchants in China.
Over 130 countries explore CBDCs, with China's e-CNY in large-scale trials. The US has shifted against CBDCs, with the House passing the Anti-CBDC Surveillance State Act in July 2025. This article explains CBDC principles, types, risks, and latest global developments.
With over 130 countries exploring CBDCs, China's digital yuan leads trials, while US executive orders and legislation in 2025 halted CBDC development, creating policy divergence that reshapes digital finance landscape.
