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Yuan

Last posts about yuan.


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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Crypto 09/12/19 10:16 by Christine Vasileva
PBoC to Test Crypto Yuan with Telecom Firms, Commercial Banks
People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to create a testing ground...
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Other 01/12/19 15:30 by Lubomir Tassev
‘In Small Steps’ China Cuts Benchmark Interest Rates
Careful not to rush too much with stimulus, the Chinese government nevertheless realizes that its behemoth economy is invariably slowing down. New loan interest rate cuts have been announced recently ...
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Crypto 29/11/19 09:00 by Martin Young
Binance CEO Clarifies Situation on Crypto in China
In a recent interview, the enigmatic chief executive of crypto exchange Binance expressed his views on the current situation in China. There has been a lot of unwarranted FUD emerging in the mainstrea...
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Crypto 27/11/19 08:00 by Martin Young
Will China’s Crypto Yuan be Used for Retail Payments or Mass Surveillance?
China’s blockchain drive has been about one thing: getting its people used to a state-backed crypto asset. The People’s Republic is determined to get its crypto yuan out as soon as possible and ba...
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Other 16/11/19 11:00 by Lubomir Tassev
Global Trend Against Cash Intensifies as China Joins the Squeeze
For various reasons, a growing number of nations are experiencing the rapid development of cashless society. Paper money may become extinct in some countries in the not-so-distant future. Prompted by ...
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