Singapore-China digital renminbi pilot for tourists
Industrial and Commercial Bank of China announced bilateral pilot programme with Bank of China, Singapore government on December 15, 2025.
- Primary
- Industrial and Commercial Bank of China
- Counterparty
- Bank of China, Singapore government
- Structure
- bilateral pilot programme
- Date
- December 15, 2025
- Sub-sector
- Crypto / Digital Assets
Enables Singapore tourists to use digital renminbi in China via NFC-equipped phones, deepening financial connectivity between nations.
Source: asianews.network