China’s Central Bank Digital Currency Struggles Amid Slow Adoption
China’s push to implement a Central Bank Digital Currency (CBDC) known as the digital yuan, or e-CNY, is marked by a challenging landscape of slow adoption among the population. Launched in 2020, China’s digital currency aims to modernize its payment…
Huawei Integrates Digital Yuan in Latest OS: A Game Changer for Digital Finance
Huawei has officially launched HarmonyOS NEXT, its first entirely in-house operating system, which now incorporates China’s central bank digital currency, the digital yuan. This significant development was unveiled on October 22, 2023, positioning HarmonyOS as the third most popular operating…
