Beijing authorities have fully integrated the digital yuan into the payment ecosystem - FX24 forex crypto and binary news

Beijing authorities have fully integrated the digital yuan into the payment ecosystem

  • Must Read
  • March Election
The Chinese capital's municipal government has fully integrated the digital yuan into the payment ecosystem as part of improving CBDC testing.
At the start of the test in June, the feature was only in the Yitongxing mobile app. It has now appeared at all 428 stations on 24 subway lines when buying tickets and recharging transport cards.

Beijing authorities have fully integrated the digital yuan into the payment ecosystem

In terminals, the option to pay in digital yuan has become adjacent to cash and payment systems WeChat Pay and AliPay. The same option is also available at service points.
In order to refill a CBDC transport card you will need to scan the QR code of payment with digital wallets.
Recall that the option to convert yuan into its digital version has been added to ICBC ATMs in Beijing.
Earlier, China tested CBDC with programmed use options.

Report

My comments

FX24

Author’s Posts

  • What Brain Scans Reveal About Trading, Risk, and Addiction

    How neuroscience explains trading addiction. Brain scans show reward and addiction pathways activated during Forex trading. Scientif...

    Dec 30, 2025

  • Trusted Liquidity Providers in 2025: What Made a Top-Tier LP Stand Out

    Why brokers in 2025 chose top-tier liquidity providers. Execution quality, risk control, transparency, scalability — and why firms...

    Dec 30, 2025

  • Mobile Options Trading: Why 2026 Apps Make Profits Accessible Anywhere With Instant Payouts

    Why mobile trading apps in 2026 are transforming binary options trading, enabling instant payouts, full control, and profitable trad...

    Dec 30, 2025

  • Why the "Best" Trade Sometimes Becomes a Trap for Retail Traders

    Forex and Game Theory: How Major Players Apply Nash Equilibrium Strategies in ECN Liquidity Auctions

    ...

    Dec 30, 2025

  • Speed as an Advantage: How Fast Payments Make Trading More Efficient

    Why fast payments have become a competitive advantage in Forex trading, how instant deposits and withdrawals improve efficiency, and...

    Dec 30, 2025

Copyright ©2025 FX24 forex crypto and binary news


main version