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

Does Hong Kong have issues with USDT and USDC? — Exec weighs in
Helen Partz12 hours agoDoes Hong Kong have issues with USDT and USDC? — Exec weighs inAs Hong Kong looks into creating Hong Kong dollar and US dollar stablecoins, a local industry executive addresses possible implicati
Fidelity Investments’ Digital Asset Custody Services Arm Expands to Asia
Fidelity Investments" Digital Asset Custody Services Arm Expands to Asia Fidelity Digital Asset Services has revealed the company is expanding into Asia and plan
Prashant Jha8 hours agoAsian and European stocks rally amid a wave of risk appetiteAsian and European stocks registered a bullish surge on Tuesday owing to the Fed’s hawkish outlook on interest rates.330 Total views4 T
Apple finalizing deal with OpenAI for ChatGPT iPhone integration: Report
Ciaran Lyons2 hours agoApple finalizing deal with OpenAI for ChatGPT iPhone integration: ReportIf both parties seal the deal, ChatGPT is expected to enter Apple’s next operating software update, iOS 18.940 Total views5
Ciaran Lyons7 hours agoHong Kong establishes task force to advance Web3 developmentThe task force will advise on the “sustainable and responsible” development of Web3 in Hong Kong, according to the statement.1767 Tot
Rakesh Upadhyay4 hours agoPrice analysis 8/4: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOTBitcoin continues to range trade, and altcoin traders are starting to view BTC’s price consolidation as a positive sign f
Bitfarms adopts shareholder rights plan as Riot attempts takeover
Derek Andersen5 hours agoBitfarms adopts shareholder rights plan as Riot attempts takeoverThe plan, which passed after Bitfarms’ shareholder meeting, will complicate Riot’s effort but not necessarily stop it from suc
Zhiyuan Sun5 hours agoDeFi vulnerability leading to $6.7M exploit ‘not detected’ by auditorsThe project was previously audited by Trail of Bits and Hats Finance.1187 Total views26 Total sharesListen to article 0:00Ne
Blockchain-Backed NFT Market Value Grew 299% in 2020
Blockchain-Backed NFT Market Value Grew 299% in 2020 A report has unveiled figures that confirm the bullish run of non-fungible token markets over the last year.
How DePIN is shaping the future of crypto — Polygon Labs exec
Vince Quill3 hours agoHow DePIN is shaping the future of crypto — Polygon Labs execReal-world tokenized assets returned an average of roughly 213% this year, making the sector one of the highest-performing in the indu
Jesse Coghlan7 hours agoHester Peirce: US crypto laws can’t assume ‘everything is a financial asset’Securities and Exchange Commissioner Hester Peirce discussed a possible United States crypto legal framework, givi
Trudeau’s Government Warns More Accounts Will Be Frozen — Freedom Convoy Truckers Hold Their Ground
Trudeau"s Government Warns More Accounts Will Be Frozen — Freedom Convoy Truckers Hold Their Ground The Canadian government has warned that more financial accounts and cryptocurr