Coinscreed
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • DeFi
    • Blockchain News
  • Market Analysis
  • NFT
  • Metaverse
  • Cryptocurrencies
  • Learn
    • Bitcoin 101
    • Ethereum 101
    • Binance Smart Chain
    • DeFi 101
    • Ripple 101
    • ICO 101
    • Trading 101
    • Dogecoin 101
    • Lightening Network
    • NFT 101
  • Crypto How Tos
Advertise
No Result
View All Result
  • bitcoinBitcoin(BTC)
    $30,294.004.64% 24H
    BITCOIN
    24H : 4.64%
    Volume : $29,610,067,208.00
    Marketcap : $576,994,362,625.00
  • ethereumEthereum(ETH)
    $2,022.853.15% 24H
    ETHEREUM
    24H : 3.15%
    Volume : $18,560,374,239.00
    Marketcap : $244,286,738,329.00
  • binancecoinBNB(BNB)
    $306.745.09% 24H
    BNB
    24H : 5.09%
    Volume : $1,780,706,901.00
    Marketcap : $51,562,010,124.00
  • rippleXRP(XRP)
    $0.4202.71% 24H
    XRP
    24H : 2.71%
    Volume : $2,257,541,075.00
    Marketcap : $20,317,844,182.00
  • cardanoCardano(ADA)
    $0.5382.61% 24H
    CARDANO
    24H : 2.61%
    Volume : $939,343,966.00
    Marketcap : $18,203,115,186.00
  • terra-lunaTerra(LUNA)
    $0.00015-15.57% 24H
    TERRA
    24H : -15.57%
    Volume : $464,142,278.00
    Marketcap : $957,228,899.00
Coinscreed
No Result
View All Result
homerun token
Home Cryptocurrencies

ICBC rolls out over 3000 digital Yuan ATMs in Beijing

Chide Austin by Chide Austin
11 months ago
in Cryptocurrencies
Reading Time: 3 mins read
A A
Share on FacebookShare on Twitter
The Industrial and Commercial Bank of China (ICBC) has rolled out over 3000 ATMs in the capital city of China, Beijing.
ICBC rolls out over 3000 digital Yuan ATMs in Beijing

These Automated Teller Machines (ATM) activated across Beijing have been powered with a functionality that converts China’s digital yuan, also known as the e-CNY, into cash, and vice versa.

As reported by the Xinhua News Agency on Friday, the Beijing branch of ICBC has activated the functionality across its 3,000 ATMs in the Chinese capital city. This is another sign that China is broadening its current e-NCY tests towards full implementation.

SuggestedArticles

Panama Delays Signing Crypto Bill Into Law

Panama Delays Signing Crypto Bill Into Law

7 hours ago
How To Make Money From Cryptocurrency Arbitrage

How To Make Money From Cryptocurrency Arbitrage

1 day ago

One of the big four state-owned commercial banks, ABC (Agricultural Bank of China) has also joined in the adoption of digital currency ATMs, and has activated 10 ATMs in the Wangfujing district, a key business and shopping region in Beijing.

China’s Agricultural Bank (ABC), initially began testing the feature in January in Shenzhen when the city had its second round of the e-CNY lottery campaign.

Meanwhile, ICBC started testing the same feature on its newly activated ATMs in February in Beijing. This was shown in a video clip posted by The Block, that delivered a first-hand view of how this feature works.

Beijing recently launched the second e-CNY lottery with 40 million digital Yuan valued at approximately 6.3 million U.S. dollars.

Since October, a total of 6 Chinese cities (Shenzhen, Suzhou, Beijing, Chengdu, Changsha, and Shanghai) have held 11 rounds of e-CNY lottery. The total amount of digital renminbi exceeds 250 million and is worth about US$1. 40 million.

The recent sweepstakes held in Shanghai increased the number of winners of the e-CNY lottery to 350,000 local residents, thus greatly expanding the scope. In all previous tests in other cities, the number of winners was limited to 200,000 residents each time.

Tags: Digital YuanICBC

BTC365

Coinscreed

Copyright © 2022 Coinscreed

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Crypto Price Charts

Follow Us

No Result
View All Result
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • DeFi
    • Blockchain News
  • Market Analysis
  • NFT
  • Metaverse
  • Cryptocurrencies
  • Learn
    • Bitcoin 101
    • Ethereum 101
    • Binance Smart Chain
    • DeFi 101
    • Ripple 101
    • ICO 101
    • Trading 101
    • Dogecoin 101
    • Lightening Network
    • NFT 101
  • Crypto How Tos

Copyright © 2022 Coinscreed

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.