Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Pendle Lets Crypto Traders Bet on Bitcoin, Ether Funding Rates With Boros Platform

06/08/2025

Ethereum proposes unified fee market to simplify transaction costs

06/08/2025

South Korea’s Tech Giant Unveils Bold Blockchain Initiative

06/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum proposes unified fee market to simplify transaction costs

    06/08/2025

    Market Prophet Tom Lee Explains Why He Chose Ethereum Over Bitcoin

    04/08/2025

    How Much of Ethereum’s Supply Is Lost Forever? Here’s the Amount That Must Be Excluded When Calculating Supply

    04/08/2025

    Ethereum Rainbow Chart predicts ETH price for August 1, 2025

    04/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Cloudflare Accuses Perplexity AI of Using Stealth Crawlers to Evade Website Blocks

    05/08/2025

    CryptoPunks and Pudgy Penguins Draw Major Sales

    04/08/2025

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    03/08/2025

    Ethereum Collections Lead NFT Sales Today

    03/08/2025

    Pendle Lets Crypto Traders Bet on Bitcoin, Ether Funding Rates With Boros Platform

    06/08/2025

    Ethereum proposes unified fee market to simplify transaction costs

    06/08/2025

    South Korea’s Tech Giant Unveils Bold Blockchain Initiative

    06/08/2025

    Whale Who Bet Against XRP Liquidated, Dogecoin Futures on Coinbase Spike 24%, Bitcoin Mining Difficulty Hits ATH – Crypto News Digest

    06/08/2025
  • Blockchain

    Tokenization Specialist Centrifuge Appoints Former Goldman Sachs Executive as COO

    06/08/2025

    9GAG and Moonit Launch Automated Meme Tokenization Platform on Solana

    06/08/2025

    Succinct Labs Unveils ‘PROVERS’ to Make ZK Proofs Tradeable in Mainstream

    06/08/2025

    GAEA Labs and DIN Forge Alliance to Accelerate Decentralized AI Infrastructure

    06/08/2025

    CodexField and Atleta Network Ally to Digitize OnChain Sports Assets

    06/08/2025
  • DeFi

    Pendle Lets Crypto Traders Bet on Bitcoin, Ether Funding Rates With Boros Platform

    06/08/2025

    Chainlink Introduces State Pricing to Improve Onchain Asset Valuation

    05/08/2025

    Stables Labs Launches USDX, sUSDX on Base Network for Advanced Cross-Chain Accessibility

    05/08/2025

    Arcadia Finance users reimbursed by DeFi hack insurance

    05/08/2025

    Strategic Hire Signals Explosive RWA Growth

    05/08/2025
  • Metaverse

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025
  • Regulation

    South Korea’s Tech Giant Unveils Bold Blockchain Initiative

    06/08/2025

    Powell Rate Cut Odds Hit 92%, Markets Eye Rally

    06/08/2025

    Monthly Stablecoin Volume Soars to Record $1.5T in July

    06/08/2025

    Mixed Signals as ETFs Bleed Millions, Bitcoin, Ether Rise: Crypto Daybook Americas

    06/08/2025

    Coinbase to Raise $2B in Convertible Notes as COIN Sags in Pre-Market Trading

    06/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    DEX trading volume tops $1T for the first time in July, Hyperliquid leads record perp surge

    05/08/2025

    Coinbase to Delist Popular Cryptocurrency This August: Details

    05/08/2025

    Binance Sends Millions in Crypto to Wintermute Amid Transparency Questions

    05/08/2025

    Bitcoin Exchange Binance Deletes Numerous Altcoin Trading Pairs from Margin Trading! Here Are the Details

    05/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Shrapnel to Leave Avalanche in New Partnership with Gala Games

    05/08/2025

    Google to Pit Top AI Models Against Each Other in Live Chess Tournament

    05/08/2025

    The Biggest Games Releasing in August 2025

    03/08/2025

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    02/08/2025

    Whale Who Bet Against XRP Liquidated, Dogecoin Futures on Coinbase Spike 24%, Bitcoin Mining Difficulty Hits ATH – Crypto News Digest

    06/08/2025

    Bitcoin Mining Is the Resurrection Of the Working-Class Hero

    06/08/2025

    Core Scientific investors expected to resist CoreWeave’s merger bid

    05/08/2025

    Impressive 467 BTC Production in July

    05/08/2025

    the new era of crypto regulation has just begun

    06/08/2025

    Coinbase seeks privacy overhaul in US finance laws

    06/08/2025

    CFTC Unveils Initiative for Trading Listed Spot Crypto 

    06/08/2025

    Trump could soon sign executive order to penalize banks for discriminating against crypto firms

    06/08/2025

    Pendle Lets Crypto Traders Bet on Bitcoin, Ether Funding Rates With Boros Platform

    06/08/2025

    Ethereum proposes unified fee market to simplify transaction costs

    06/08/2025

    South Korea’s Tech Giant Unveils Bold Blockchain Initiative

    06/08/2025

    Whale Who Bet Against XRP Liquidated, Dogecoin Futures on Coinbase Spike 24%, Bitcoin Mining Difficulty Hits ATH – Crypto News Digest

    06/08/2025
  • MarketCap
NBTC News
Home»Regulation»Digital Yuan App Drops ‘Pilot’ Description, Hints at Change to Production Ready Status
Regulation

Digital Yuan App Drops ‘Pilot’ Description, Hints at Change to Production Ready Status

NBTCBy NBTC08/06/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


The digital yuan app, which services users of the Chinese CBDC, has dropped the ‘pilot’ label from its name without any announcement, prompting speculation about an upcoming move to production stages. While local Chinese news outlets explained that this change had to do with app requirements, some expect this might be a step before its generalized implementation.

Chinese Digital Yuan Drop Pilot Description From App, Prompts Speculation About General Availability

China might be preparing to launch its central bank digital currency (CBDC) at a national level. According to Chinese news outlets’ reports, China’s digital yuan app, which services users of the Chinese CBDC, has recently dropped the “pilot” label from its name, prompting speculation about the project’s future.

Authorities explained that the name change was related to the requirements described by the Ministry of Industry and Information Technology in the “Notice on the Registration of Mobile Internet Applications” on July 21, 2023. This notice requires all app names to be filed the same way as the name displayed on the mobile phone desktop and the app name in the app store.

However, this explanation has been unsatisfying for some, given that the ‘pilot’ word could also be filed and shown in app marketplaces like before. Several news desks have speculated that this move might precede the digital yuan status change to production phases, anticipating a generalized rollout in mainland China.

The pilot, launched in 2020, has made several moves toward introducing the CBDC as a viable option for payments in the country, implementing its usage to pay for public transportation fares and even for paying wages in some instances. China also debuted the digital yuan as a commodities exchange currency to settle oil payments.

However, increasing adoption has been difficult for the pilot, given the strong position of incumbent payment apps like Alipay and Wechat. A mainland launch might make it easier for the digital yuan to gain mass adoption, given the legal tender status the government would give the digital currency.

What do you think about changing the name of the Chinese digital yuan app? Tell us in the comments section below.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

South Korea’s Tech Giant Unveils Bold Blockchain Initiative

06/08/2025

Powell Rate Cut Odds Hit 92%, Markets Eye Rally

06/08/2025

Monthly Stablecoin Volume Soars to Record $1.5T in July

06/08/2025

Mixed Signals as ETFs Bleed Millions, Bitcoin, Ether Rise: Crypto Daybook Americas

06/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Pendle Lets Crypto Traders Bet on Bitcoin, Ether Funding Rates With Boros Platform

06/08/2025

Ethereum proposes unified fee market to simplify transaction costs

06/08/2025

South Korea’s Tech Giant Unveils Bold Blockchain Initiative

06/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.