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Digital yuan

Last posts about digital yuan.

Other 16/12/20 16:00 by John Caroline
Digital Yuan Still in Trial: China Airdrops Another $3 Million Worth of Its DCEP to 10,000 Suzhuo Residents
China’s digital Yuan has been facing a series of trials since its launch. The country has been making several attempts to gain a foothold for its digital currency. Still, in the test phase, ...
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Other 02/11/20 23:08 by Brenda Ngari
China’s Central Bank Has Transacted $300 Million In Digital Yuan So Far
The People’s Bank of China (PBoC) has processed over 4 million separate transactions —  worth more than 2 billion yuan ($299.07 million) as part of the pilot tests for its central bank digit...
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Crypto 24/10/20 17:23 by Bernice Nyambura
There Won’t Be Any Stablecoin For The Digital Yuan If PBoC Implements Revised Banking Law
China’s Central Bank, the People’s Bank of China (PBoC) is looking to revise the current banking law to legalize the Digital Yuan and prohibit the development of any tokens pegged to the digital ...
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Other 12/10/20 14:34 by Samuel Wan
Digital Yuan Trial Goes Live But Fears Over Dystopian Future Grow Louder
After years of rumors and leaks on Chinese social media, Shenzhen residents became the first in the country to trial the digital yuan. Distribution of funds took place via a lottery-style promotion wi...
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Altcoins 24/08/20 21:35 by Bernice Nyambura
The U.S. Can’t Afford to Lose The Crypto Cold War to China, Says Ripple Founder Chris Larsen
Co-founder and Executive Chairman of Ripple blockchain payments network Chris Larsen is calling on the US to collaborate with blockchain and cryptocurrency developers or risk losing the global financ...
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Other 15/08/20 00:23 by Bernice Nyambura
China to Start Testing its Digital Yuan in Beijing and Other Major Cities
China’s digital currency program is set to expand to its capital Beijing and other major cities including Tianjin, Hebei, Guangdong, Yangtze River Delta as well as Hong Kong- Macau Greater Bay Area...
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Other 08/07/20 22:16 by Brenda Ngari
Ride-Hailing Startup With Over 550M Users To Conduct First Real-World Test Of China’s Digital Yuan
China’s inbound central bank digital currency will see its very first real-world test on DiDi, the ride-hailing behemoth that deemed as the Chinese version of Uber. DiDi will trial digital yuan as ...
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Bitcoin 07/07/20 02:00 by Tony Spilotro
US Senator: Digital Dollar Must Beat Bitcoin, Digital Yuan
During a hearing on the potential introduction of a digital dollar, Senator Tom Cotton claimed whatever the United States comes up with, it has to “be better than Bitcoin.” He also asserts it must...
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Bitcoin 04/06/20 19:00 by Tony Spilotro
Surprising Positive Earnings Growth in Asia May Spark New Appetite For Bitcoin
UBS analysts expect Asia to be the only region that sees positive growth this year, and the return to strong earnings in the region could spark a renewed appetite for risk, and potentially, Bitcoin. U...
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Other 26/05/20 18:19 by Tolu
‘There Is No Timetable For Launch of Digital Yuan’, Says Governor of China’s Central Bank
The governor of the People’s Bank of China (PBOC) Yi Gang, has put a damper in the general idea that China will launch its national digital currency soon. According to Gang, there is currently no p...
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Crypto 19/05/20 13:47 by Samuel Wan
Binance is Planning to Enter Chinese Crypto Market: Industry Exec
Popular crypto exchange Binance is planning to enter the Chinese market with the launch of its new China website. This comes after Binance was forced to leave China following strict regulations that s...
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Other 23/04/20 16:55 by Brenda Ngari
Starbucks, Subway And McDonald’s Set To Test China’s Central Bank Digital Currency
Starbucks, Subway, and McDonald’s are among the 19 retail businesses that will be trialing China’s digital yuan in one of the country’s pilot program cities. Per reports, China has already star...
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Other 12/12/19 05:30 by Lubomir Tassev
China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan
China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges...
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