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Nalezeno "digital yuan": 567

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...

China to hand out $6.2M in new digital yuan trial in Beijing

2.6.2021
Beijing residents should apply to participate in the lottery until midnight on June 7

Beijing Readies USD 6.2m Digital Yuan Trial Amid Claims Main Rival Is Bitcoin

2.6.2021
China’s digital yuan project appears to be entering the final stages of its pilot, with yet another giveaway planned – this time in the nation’s capital Beijing. Like previous giveaways in cities like Shenzhen and Chengdu, the tokens will be distributed in a lottery – with a fortunate few residents...

Digital yuan conceived to counter Alipay-like platforms, says former PBoC executive

31.5.2021
Chinese "crypto dad" and ex PBoC director Yao Qian insists digital yuan is not a surveillance tool for the government

Digital Yuan Architect: 'Imagine a CBDC on Ethereum or Diem'

31.5.2021
Source: Adobe/H_Ko One of the chief architects of the Chinese digital yuan has discussed a possibility that the central bank digital currencies (CBDCs) could operate on networks such as Ethereum (ETH) or the yet-to-be-released Facebook-masterminded blockchain platform Diem (formerly Libra) as part...

Digital Yuan Not Intended for the International Stage, Say Experts

25.5.2021
China’s forthcoming digital yuan may not be set to make a mark on the international monetary scene after all – and could, at least initially, be limited to domestic user-cases, experts have stated. The stakeholders, including Michael Sung, the founder of CarbonBlue Innovations, were speaking at...

‘Chinese Invented Paper Money and They Will End It’- Brazil’s Far-Left Praises Digital Yuan

25.5.2021
Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.” The praise comes from a publication associated with one of Brazil’s far-left parties. A recently published article claims that CBDCs such as China’s digital...

China’s Absolute Control Over Digital Yuan Will Boost Demand for Cryptocurrencies, Says Analyst

22.5.2021
China’s push for the digital yuan will boost demand for cryptocurrencies, according to an analyst at BK Asset Management, citing that the Chinese government wants “absolute power” over the wealth and income of its citizens. Digital Yuan Push Could Raise Demand for Crypto Boris...

Does Digital Yuan Threaten Global Stability?

16.5.2021
Daniel Broby, Director, Centre for Financial Regulation and Innovation, University of Strathclyde. _____ China is making promising progress with testing its digital yuan currency. It has announced the success of a pilot in Suzhou City, near Shanghai in eastern China, where 181,000 consumers were...

Hong Kong to expand pilots for cross-border use of digital yuan

13.5.2021
The first phase of tests for use of the digital yuan across borders has been successful, the Hong Kong Monetary Authority has said

Digital Yuan Trial Hotspot Not Seeing Wide Acceptance, Claims Report

11.5.2021
With digital yuan pilots underway in China, it seems the currency is not meeting government expectations. A recent report highlighted a series of interviews from people in the hotspot, reflecting a lackluster reception among the participants. Privacy Concerns Reported According to Bloomberg...

Digital Yuan Gets a ‘Lackluster’ Welcome at Biggest Test Site

10.5.2021
A report has concluded that China’s digital yuan has failed to impress in early large-scale pilots, drawing a “lackluster reception” from participants – a fact that could throw up “hurdles to yuan internationalization.” Bloomberg stated that it had interviewed a number of digital yuan users...

Alipay set to allow users test China's digital yuan

10.5.2021
China’s e-payment giant will allow some users to link their accounts to the country’s digital yuan app

China’s Digital Yuan Smart Card to Feature Biometrics and Fingerprint Scanning

9.5.2021
The People’s Bank of China’s upcoming digital yuan card will feature IDEX Biometrics and fingerprint scanning, according to regional reports. China’s “Digital Currency Electronic Payment” or DCEP is getting closer toward launch by the day. Last week, smart card...

Digital Yuan Launch Draws Near: JD.com Employees Paid in e-CNY, Tencent, Ant, Mastercard Engage With PBoC

4.5.2021
China, the world’s most populous country, has jumped leaps and bounds in comparison to a great number of other countries when it comes to the creation of a central bank digital currency. As each day passes, China’s digital yuan is seemingly getting closer to large-scale adoption,...