The move extends cross-border e-CNY payments to jurisdictions including Singapore, the UAE and Brazil
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An action plan to develop Shanghai’s offshore finance is released at the Lujiazui Forum on June 17. Photo: VCG
China accelerates digital yuan push as 26 banks join new cross-border platform
China signs up 26 financial institutions for digital-yuan cross-border payments
China signs up 26 financial institutions to digital yuan cross-border payment platform - The Economic Times
China advances digital yuan internationalization as 26 institutions join cross-border platform
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The platform will make it easier to make cross-border e-CNY payments, with banks operating in Brazil, Qatar and Thailand among…
Beijing is expanding its digital-yuan network for cross-border use, the latest step in moving the e-CNY beyond domestic retail.
The agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border…
Twenty-six financial institutions signed Cross-border e-CNY Transfer Services direct participant agreements with e-CNY Center…
As mainland’s international operations centre, Shanghai will increase global reach of yuan, promote China’s central bank digital…
The announcement at the Lujiazui Forum comes as China accelerates efforts to expand the global use of its currency amid growing…
