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Nalezeno "yuan": 792

Chinese Telecoms Firms Growing Increasingly Keen on Digital Yuan


Chinese telecom operators are growing increasingly keen on digital yuan adoption, a report has claimed, as the CBDC finds new adoption strongholds. Per EY (via Sohu), the central People’s Bank of China (PBoC) is keen to bring the nation’s biggest operators (the likes of China Telecom and China...

China’s Changzhou to Give Away Digital Yuan Tokens, Coupons Worth $700k


The city of Changzhou, China, is set to give away $700,000 worth of digital yuan tokens and coupons before the year is out, as the nation’s central bank digital currency (CBDC) pilot continues. Per Changzhou Evening News (via JSChina), the city is hoping to boost CBDC spending during an upcoming...

Today in Crypto: BNB Beacon Chain Upgrade Will Allow It to Halt New Block Production, Europe's First BTC ETF Set to Launch Next Month, Digital Yuan to be Used Offline, BitMEX Traders Can Form Guilds


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: BNB Beacon Chain Upgrade Will Allow It to Halt New Block Production, Europe's First BTC ETF Set to Launch...

Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments


The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field communication (NFC) payments tethered to the renminbi. The Bank of China explains that the pilot will be tested by selected users and areas...

Chinese Central Bank Unveils SIM Card-based Offline CBDC Wallet


The Chinese central bank has unveiled an offline SIM card-based digital yuan “hard” wallet solution that lets users pay with the central bank digital currency (CBDC) with powered-down phones. The innovation could eventually allow 2G phone-owning citizens to use their handsets to use the token when...

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