China's digital yuan wallet has been downloaded by 261 million people - about a fifth of the country's population - and been used for transactions worth 87.5 billion yuan ($13.8 billion).

Digital Yuan

SHARE THIS STORY:

More Stories

Finextra: Wednesday March 27, 2024

ClearBank joins Digital Pound Foundation

ClearBank has announced their membership to the Digital Pound Foundations (DPF) membership community. ClearBank joins the Foundation as an Associate Member and will take part in the Identity and Privacy and Policy, Legal and Regulatory Working Groups.

Digital Pound

Finextra: Thursday February 01, 2024

Labour vows to make UK fintech leader

The UK's Labour party says it will deliver the next phase of Open Banking, become a standard setter for the use of AI, and embrace securities tokenisation and a digital pound if it wins the next election.

Digital Pound