Fun

News Feed - 2023-09-25 10:09:06

Gareth Jenkinson10 hours agoDigital yuan app adds prepaid Mastercard, Visa top-ups for touristsThe e-CNY app now allows tourists to top-up their wallets using Mastercard and Visa payments with a “recharge first and use later” option.3722 Total views4 Total sharesListen to article 0:00NewsJoin us on social networksTourists planning to visit the People’s Republic of China can now pre-charge their digital yuan wallets using Visa and Mastercard payment options as the nation continues to update the mobile app powering its central bank digital currency (CBDC) pilot.


The e-CNY app, which is still in its pilot version, is available to iOS and China-based Google Play Store users. The application serves individual users, allowing them to open digital yuan wallets to use e-CNY.


As per the latest iOS app update published on Sept. 22, version 1.1.1 supports its top-up service with international card options.The latest version of e-CNY app on the Apple App Store introduces the top-up service for international cards. Source: e-CNY app


According to a number of local Chinese news outlets, the latest version of the e-CNY app coincides with the start of the Asian Games.A tutorial for foreign users outlining the process of signing up using an international number. Source: e-CNY app.


China has extensively trialed using the digital yuan as a payment option for foreigners visiting the country. According to Yicai, the Beijing Winter Olympics in 2022 marked the beginning of the CBDC pilot being open for tourists as a means to transact with local merchants using e-CNY.


Inbound tourists are reportedly able to make use of overseas mobile numbers to register and open e-CNY wallets and make use of the recharge wallet feature, which now supports Visa and Mastercard payments.


As Cointelegraph recently reported, China is making moves to ensure that the digital yuan is available as a payment option for all retail payment scenarios. This would make the digital yuan a ubiquitous payment method in China between retail users and merchants. 


Magazine: Real reason for China’s war on crypto, 3AC judge’s embarrassing mistake: Asia Express# Blockchain# China# Adoption# Yuan# CBDCAdd reactionAdd reactionRead moreHow to earn passive income with peer-to-peer lendingStablecoin exodus: Why are investors fleeing crypto’s safe haven?Pay-to-use blockchains will never achieve mass adoption

News Feed

Polygon Approaches Make-Or-Break Point At $0.28 – What Could Happen Next
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Bitcoin Miner Marathon Agrees to Deal That Cuts Electricity Costs by 38% With US Power Company
Bitcoin Miner Marathon Agrees to Deal That Cuts Electricity Costs by 38% With US Power Company Nasdaq-listed Marathon Patent Group has agreed to a joint venture
Bitcoin rebounds to $67K ahead of Trump’s speech in Nashville
Ciaran Lyons2 hours agoBitcoin rebounds to $67K ahead of Trump’s speech in NashvilleBitcoin has jumped 4.3% as futures traders skew toward long positions ahead of Donald Trump’s speech at the Bitcoin 2024 conference
Bitcoin exchange reserve metric hits 3-year low
Vince Quill2 hours agoBitcoin exchange reserve metric hits 3-year lowLow exchange balances indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin.880 Tota
Helen Partz13 hours agoGrayscale officially abandons post-Merge PoW Ethereum tokensOne year after the Ethereum Merge, Grayscale has finally made the decision to abandon all the rights to proof-of-work Ethereum tokens.343
Bitcoin Bull Run Hinges On Trump’s Pick For Fed Chair: Analyst
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Crypto and Blockchain Jobs Have Increased By 26% Since 2018: Research
Those seeking employment in the blockchain and cryptocurrency industry have reason to be positive, says employment search company Indeed. The number of bitcoin, blockchain and crypt
Nigeria’s tax watchdog proposes comprehensive crypto bill
Amaka Nwaokocha12 hours agoNigeria’s tax watchdog proposes comprehensive crypto billThe Federal Inland Revenue Service’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria t
Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO
Canaan Creative, the Avalon bitcoin miner maker and one of the world’s largest mining equipment manufacturers, has just formally filed another attempt to go public – this time in the U.S.
Mexico’s Third Richest Billionaire Warns of Severe Dollar Inflation — Says Buy Bitcoin to ‘Save Your Skin’
Mexico"s Third Richest Billionaire Warns of Severe Dollar Inflation — Says Buy Bitcoin to "Save Your Skin" The third-richest billionaire in Mexico, Ricardo Salinas Pliego, has sh
Brayden Lindrea7 hours agoWall Street Journal corrects article misciting Hamas’ crypto terrorism funding dataElliptic, the firm which The Wall Street Journal sourced the data from, said it was pleased to see the news o
Copy Trading Platform ZuluTrade Powers SetBroker.com
Copy Trading Platform ZuluTrade Powers SetBroker.com SetBroker, an innovative Bitcoin-based copy-trading platform, announced today their successful launch. Their platform is powe