Digital renminbi (Chinese: 数字人民币; also abbreviated as digital RMB and e-CNY),[1] or Digital Currency Electronic Payment (DCEP, Chinese: 数字货币电子支付; pinyin: Shùzì huòbì diànzǐ zhīfù), is a central bank digital currency issued by China's central bank, the People's Bank of China.[2] It is the first digital currency to be issued by a major economy, undergoing public testing as of April 2021.[2][3] The digital RMB is legal tender[4] and has equivalent value with other forms of renminbi, also known as the Chinese yuan (CNY), such as bills and coins.[2]
The digital yuan is designed to move instantaneously in both domestic and international transactions.[2][5] It aims to be cheaper and faster than existing financial transactions.[2] The technology enables transactions to take place between two offline devices.[6][7]
The digital renminbi is seen by some commentators as a form of Chinese government surveillance and control over users and their financial transactions.[2][8]
^"China Charges Ahead With a National Digital Currency". The New York Times. 2021-03-01. ISSN 0362-4331. Retrieved 2021-09-02.
^ abcdefAreddy, James T. (2021-04-05). "China Creates its Own Digital Currency, a First for Major Economy". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-04-06.
^Popper, Nathaniel; Li, Cao (2021-03-01). "China Charges Ahead With a National Digital Currency". The New York Times. ISSN 0362-4331. Retrieved 2021-04-06.
Digitalrenminbi (Chinese: 数字人民币; also abbreviated as digital RMB and e-CNY), or Digital Currency Electronic Payment (DCEP, Chinese: 数字货币电子支付; pinyin:...
The renminbi (Chinese: 人民币; pinyin: Rénmínbì; lit. 'People's Currency'; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's...
potential for programmability of the digital euro and thus similar risks to individual rights as in the digitalrenminbi. According to the Human Rights Foundation...
(JamDex), People's Bank of China (Digitalrenminbi), the Reserve Bank of India (Digital Rupee), and Bank of Russia (Digital Ruble). The Central Bank of Brazil...
concept of a digital currency has arisen in recent years. Whether government-backed digital notes and coins (such as the digitalrenminbi in China, for...
bank digital currency Digitalrenminbi eNaira E-Cedi Petro (cryptocurrency) Suvarna, Manish M. (9 November 2022). "G-sec transactions using digital rupee...
Cross-Border Interbank Payment System (CIPS) Cryptocurrency / Digital currency DigitalrenminbiDigital rupee Indian Financial System Code (IFSC) SWIFT Instrument...
digital ruble, Russia will try to circumvent economic sanctions imposed on the country. Central bank digital currency Digital Rupee Digitalrenminbi "Logo...
China (PRC) has sought to internationalize its official currency, the Renminbi (RMB). RMB internationalization accelerated in 2009 when China established...
does not plan on replacing cash or other mobile payment apps with digitalrenminbi. As of 2021, the project was still in the pilot stage rolling out across...
Renminbi currency value is a debate affecting the Chinese currency unit, the renminbi (Chinese: 人民币 Code:CNY). The renminbi is classified as a fixed exchange...
without existing bank accounts. Central bank digital currency Digital currency DigitalrenminbiDigital rupee "Central Bank of Nigeria | Home". www.cbn...
AMLCFT Asia/Pacific Group on Money Laundering Correspondent account Digitalrenminbi FATF blacklist ISO 37001 Remittance United Nations Office on Drugs...
of the end of 2014, Renminbi deposits and certificates of deposits stood at 1.158 trillion Renminbi, while outstanding Renminbi bonds amounted to 381...
The fifth series of the renminbi is the current coin and banknote series of the Chinese currency, the renminbi. They were progressively introduced since...
DCEP (Digital Currency Electronic Payment) or digitalrenminbi, often also referred to as the "digital yuan" as it would be backed by the yuan. At the...
The third series of Renminbi banknotes was introduced since April 15, 1962. Unlike the second series of the renminbi, it did not have a ¥3 banknote and...
The second series of Renminbi banknotes was introduced on March 1, 1955. Together with the introduction of the second series, the decimal point was moved...
The fourth series of the renminbi was introduced between 1987 and 1997 by the People's Bank of China. The theme of this series was that under the governance...
on the CIA World Factbook. Economy of China Internationalization of the renminbi List of countries by leading trade partners List of the largest trading...
The first series of Renminbi banknotes was introduced during the Chinese Civil War by the newly founded People's Bank of China on December 1, 1948, ten...
Organization for Japan's official procurement in international trade. The Chinese renminbi officially became a supplementary forex reserve asset on 1 October 2016...
of currency in China until the introduction of the yuan. Currently, the renminbi is the official currency of the People's Republic of China (PRC). It is...
A Panda bond is a Chinese renminbi-denominated bond from a non-Chinese issuer, sold in the People's Republic of China. The first two Panda bonds were issued...
four currency denominations may be settled using CHATS: Hong Kong dollar, renminbi, euro, and US dollar. In 2005, the value of Hong Kong dollar CHATS transactions...
as currencies such as the Algerian dinar, Aruban florin, Cayman dollar, renminbi, sterling and the Swiss franc have been assigned codes which do not closely...
cities by GDP List of prefecture-level divisions of China by GDP List of renminbi exchange rates List of the largest administrative divisions by GRDP China...
debt development and supervision of the foreign exchange market, setting Renminbi convertibility / exchange rate policy operations and management of foreign...
Global Information
or e¥ / ¥ 
People's Republic of China (Mainland China) 
Hong Kong 
Macau (pilot test)
Chinese renminbi (at par)