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China’s Central Bank, Major City to Hand Out $1.5M in Digital Yuan
9.10.2020
A local report suggests the pilot is an indication that the digital yuan is close to being launched
Shenzhen to hand out 10 million digital yuan in currency giveaway
9.10.2020
China is promoting its central bank digital currency with a public $1.5 million giveaway
China’s Digital Currency Has Been Used in 3 Million Transactions Worth Over a Billion Yuan So Far
8.10.2020
China’s central bank digital currency has been used in 3.13 million transactions worth about 1.1 billion yuan ($162 million) so far, the People’s Bank of China’s deputy governor has reportedly revealed. In addition, more than 122,000 digital wallets have been created....
JD.com to Build Apps for China’s Digital Yuan Project: Report
22.9.2020
The Chinese e-commerce giant has reportedly agreed to help the nation's central bank develop infrastructure including a wallet for its cash-equivalent digital currency
China plans to use its digital yuan at the 2022 Winter Olympic Games
25.8.2020
Details about the official launch date still remain murky
PBoC Says Digital Yuan Tests Focus on Small Transactions After Rumored Property Sale
24.8.2020
The People's Bank of China has apparently played down rumors of a house sale settled with its in-the-works digital currency
China’s Blockchain Service Network to launch stablecoin support in 2021
24.8.2020
China’s national blockchain project BSN could be the best fit for the digital yuan
China to Launch Major Expansion of Digital Currency Trials
14.8.2020
China is said to be planning additional testing of its digital yuan across a number of developed regions including Hong Kong
China’s State-Run Banks Reportedly Testing Wallet for Digital Yuan
6.8.2020
State-owned commercial banks in China are reportedly testing a wallet for the country's forthcoming digital yuan
China’s Digital Yuan to Reportedly Target Dominance of Alibaba and Tencent
4.8.2020
China’s central bank may be planning to use its digital currency to curb the dominance of Alibaba and Tencent in the digital payments sector
Major Chinese Banks Bar Customers From Buying Gold, Precious Metals
1.8.2020
Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...
China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
9.7.2020
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan...
BitMEX Owner HDR Appoints Former Bank of China Exec to Board
30.6.2020
HDR Global Trading said David Wong – a former deputy CEO at Bank of China – will join its board as a non-executive chairman
CBDCs With a Twist: The Public-Private Solutions Needed for Adoption
2.6.2020
Crypto pundits believe that central bank digital currencies based on public-private partnerships could see the light of day much sooner, as many solutions under development use the approach
Digital Yuan Has No Launch Date, Bank of China Stresses Amid Rumors of Looming Rollout
26.5.2020
People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project
Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries
21.5.2020
The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said
China’s Central Bank Proposes a Blockchain-based Trade-Finance Platform
14.5.2020
China’s central bank, along with other government bodies, proposed a blockchain trade financing information platform
CoinDesk 50: How the People’s Bank of China Became a CBDC Leader
11.5.2020
China's central bank, part of CoinDesk's new 50 list, is a pioneer of central digital currencies. Now the rest of the world is racing to catch up
Former Bank of China President Says Digital Yuan Can Replace Cash
6.5.2020
A former President of China’s central bank says the digital yuan will be able to eventually replace cash if four key conditions are met
Alibaba-Backed AI Startup SenseTime to Help China Handle Digital Yuan
28.4.2020
Alibaba-backed AI startup SenseTime partners with China’s central bank to collaborate on the digital yuan amid reported trials