Latest News

Toyota Finance Australia upgrades its ERP

Binance hackers used fake job interview in US$6.3 billion attack

Chinese Videostrong botnet hit Android TV boxes in Australia: researchers

In Pictures: What's Next? Halloween Party 2026

NT data centre pulls timeline after regulator stalls

China's digital yuan wallets swell

By Staff Writer

Jan 18 2022 12:52PM

But usage lags.

China's digital yuan wallets swell

China's digital currency has debuted on app stores with fanfare, with online wallets for the electronic yuan seeing mass adoption in the two weeks since a public launch, yet its actual use in transactions has been far less impressive. The People's Bank of China (PBOC) is ramping up ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Already have an account? Log in to read this article.

Got a news tip for our journalists? Share it with us anonymously here.

© 2019 Thomson Reuters. Click for Restrictions.

Tags:

china currency digital financial services

Partner Content

Australian mid-market businesses to access deeper AI and security expertise with First Focus-Integris partnership

Promoted Content Australian mid-market businesses to access deeper AI and security expertise with First Focus-Integris partnership

The AI era demands a new kind of network

Promoted Content The AI era demands a new kind of network

iTnews State of Security Breakfast comes to Sydney

iTnews State of Security Breakfast comes to Sydney

How David Jones, Canva and others are putting agentic AI to work

Promoted Content How David Jones, Canva and others are putting agentic AI to work

SPONSORED RESOURCES

Closing the cyber security execution gap: How IT leaders are building cyber resilience

Closing the cyber security execution gap: How IT leaders are building cyber resilience

Tech Skills Report

Tech Skills Report

Rethinking Ransomware Recovery: Closing the Detection and Recovery Gap in Asia Pacific

Rethinking Ransomware Recovery: Closing the Detection and Recovery Gap in Asia Pacific

Strategies to Counter the Ransomware Threat in APJ

Strategies to Counter the Ransomware Threat in APJ

Craft your ideal hybrid multicloud strategy

Craft your ideal hybrid multicloud strategy

Events

Most Read Articles

Westpac reveals AI cut data warehouse migration cost from $70m to $35m

Westpac reveals AI cut data warehouse migration cost from $70m to $35m

Southern Cross Credit Union asks AI agent to handle account balance requests

Southern Cross Credit Union asks AI agent to handle account balance requests

IAG's SAP migration brings process and data into sharp focus

IAG's SAP migration brings process and data into sharp focus

Macquarie Bank looks to break free of IaaS

Macquarie Bank looks to break free of IaaS

Melbourne MSP listed for sale after going into administration

Melbourne MSP listed for sale after going into administration

Fast50 Channel Accelerator Award finalists revealed

Fast50 Channel Accelerator Award finalists revealed

xAmplify appoints Tom Scicluna as CEO

xAmplify appoints Tom Scicluna as CEO

QLD data and AI consultancy Codex deploys Amazon Quick

QLD data and AI consultancy Codex deploys Amazon Quick

DX1 appoints Tim Hope as group CTO

DX1 appoints Tim Hope as group CTO

Most popular tech stories