Main navigation

Trial E-CNY Wallets for iOS and Android Launched by China’s Central Bank: Reuters

Tue, 01/04/2022 - 09:37
article image
Yuri Molchan
Chinese central bank has released DCEP wallets for both Android and iOS smartphones
Trial E-CNY Wallets for iOS and Android Launched by China’s Central Bank: Reuters
Cover image via
Read U.TODAY on
Google News

According to Reuters, PBOC (the Central Bank of China) has kicked off pilot versions of wallets for digital yuan that will run both on Android and iOS. This indicates that the PBOC is rushing to launch digital yuan (also known as e-CNY or DCEP) as soon as possible.

The app for using DCEP has been created by the digital currency research institute of the country’s central bank. However, these trial versions of apps will be open only to selected users via supported financial institutions and will become available in Shanghai today, on December 4.

Melania Trump Stuns Bitcoin Community

In late-fall 2021, the PBOC governor stated that China would press on with developing its native centralized cryptocurrency, a stablecoin, keep working on its design and usage. They will also ensure that DCEP can be compatible with the current methods of payments widely spread in China.

article image
About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at