Meituan-Dianping clippings file • NFCW

Tencent and Ant to integrate digital yuan wallets into mobile banking apps

By Tom Phillips • 25 February 2021 • Updated 25 February 2021

Tencent-backed WeBank and Ant-backed MyBank are conducting “preliminary work under the guidance of the People’s Bank of China (PBOC)” in order to integrate the digital yuan wallet into their payment and banking services, according to a China Securities report... More

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China to expand central bank digital currency pilot to Beijing, Shanghai and Hong Kong

By Sarah Clark • 18 August 2020 • Updated 18 August 2020

China’s Ministry of Commerce has announced that pilot testing of a central bank digital currency (CBDC) developed by the People’s Bank of China (PBoC) is to be expanded to cover the country’s major commercial regions and cities including Beijing, Shanghai, Hong Kong and Macau... More

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Two news stories.

Tencent and Ant to integrate digital yuan wallets into mobile banking apps

China to expand central bank digital currency pilot to Beijing, Shanghai and Hong Kong