Search
PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per Day
17.2.2022
The People’s Bank of China (PBOC), the Chinese central bank, has revealed how its central bank digital currency (CBDC) is being used at the Beijing Winter Olympics. A top PBOC official says, “It seems all the foreign users are using hardware wallets.” Digital Yuan’s...
Official Winter Olympics P2E Game Is a Non-Starter in the Games’ Host Country
11.2.2022
Crypto is making its presence felt through its absence at the Winter Olympics, currently underway in China. The International Olympic Committee (IOC) has struck a partnership deal with nWay, a subsidiary of the play-to-earn (P2E) gaming giant Animoca Brands, which has released the “official...
Digital yuan transactions beat out Visa at Winter Olympics venue: report
10.2.2022
Many of the National Stadium retailers allowing purchases with China’s CBDC were outside the Olympics' quarantine bubble for athletes, journalists, and staff
US lawmakers issue warnings about digital yuan as Winter Olympics kicks off
4.2.2022
"Do not accept any digital yuan," said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China
COVID restrictions stymie digital yuan rollout at Beijing Winter Olympics: Report
31.1.2022
Restricting the number of spectators at the major international sporting event will "likely further delay the mass adoption of the digital currency," according to the Foundation for Defense of Democracies' Craig Singleton
‘All Winter Olympics Merchants Now Accept Digital Yuan,’ Say Chinese Banks
29.1.2022
The Chinese central bank, the People’s Bank of China (PBoC), is gearing up for what will be the biggest week yet for its digital yuan. And while the token remains officially in its pilot phase, it will be showcased to the world next week as the Winter Olympics begin. Domestic adoption plans will...
Digital Yuan Wallet Ranks Among Most Downloaded Apps in China
12.1.2022
The new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch. Its use and integration with other apps have contributed to an increase of digital yuan payments, media reports unveil. Wallet Launch...
China’s Digital Yuan Wallet App Now in iOS and Android App Stores
5.1.2022
China’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as e-CNY, can now be downloaded from the iOS and Android app stores in the country. Digital Yuan Wallet App Now Downloadable From iOS and Android...
Beijing Presses Fast-Food Chain McDonald’s to Support Digital Yuan — China’s CBDC Expected to Launch in February
24.10.2021
According to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to support the digital yuan before the Winter Olympics in China scheduled for February 2022. The report notes that China is also pushing companies like Visa and Nike to join in on the central bank digital...
SpaceX owns BTC, daily Dogecoin volume soared to nearly $1B in Q2, Grayscale eyeing DeFi and ETF: Hodler’s Digest, July 18–24
24.7.2021
Beijing to Disperse $6 Million in Digital Yuan in a Red Envelope Lottery
3.6.2021
China’s central bank digital currency (CBDC) continues to gain further ground as the Beijing Local Financial Supervision and Administration Bureau revealed 40 million worth of the country’s digital yuan ($6.3 million) will be distributed to Chinese citizens. Beijing and China’s...
K-pop Group Enhypen Is Sorry About World Map That Omitted Japan
31.5.2021
Just as K-pop group Enhypen is making a big push around the world, the group has ruffled feathers in Japan for merch that didn’t include, well, Japan. Read more
China aims to let foreigners use digital yuan at Winter Olympics in 2022
19.4.2021
China wants to allow foreign athletes and visitors to use the county’s digital currency during the Beijing Winter Olympics in 2022
Beijing’s $1.5 Million Digital Yuan Giveaway: China to Airdrop Digital Currency for Chinese New Year
9.2.2021
China is giving away 10 million yuan in its central bank digital currency in Beijing. Recipients can spend the digital yuan during the Chinese New Year festival. Beijing has become the third major city in China to test the central bank digital currency. 50,000 People to Receive Free Digital Yuan...
China Launches Digital Yuan ‘Hard Wallet’ Card Pilot Program
10.1.2021
The People’s Bank of China (PBoC) have green lighted a physical card-wallet pilot to test its digital yuan. Coffee shop staff in a Shanghai-based university hospital was chosen as participants in the pilot. Wallet Card Can Pay or Accept e-CNY Without Wi-Fi or a Mobile Connection According...
China Preparing to Wow World with Digital Yuan at Winter Olympics
8.12.2020
The national Stadium (a.k.a. Bird's Nest) built for 2008 Summer Olympics and will be used again in the 2022 Winter Olympics. Source: Adobe/coward_lion
China appears to be targeting the 2022 Winter Olympics as a showcase for the digital yuan – and will hope to show a global audience how fast...
China Testing Digital Currency in Major Cities, Including Beijing and Hong Kong
17.8.2020
China’s Ministry of Commerce has announced the pilot run of the country’s central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested during the 2022 Winter Olympics games in Beijing, the ministry said. China Announces Testing...