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China Reveals Digital Yuan White Paper: Smart Contracts, $5.4B Settled, Large Transfers Traced
16.7.2021
The working group involved with the research and development of the digital yuan for the People’s Bank of China (PBOC) has published a paper describing the digital currency’s progress. The PBOC initiated a task force dedicated to the creation of a digital yuan in 2014, and the recently...
China's central bank says crypto gave impetus to the creation of its CBDC
16.7.2021
A working paper released in English by the People's Bank of China cites cryptocurrencies as an important context for the digital yuan's development and reveals that the digital currency will use smart contracts to allow for programmability
China's central bank worried about stablecoins' risk to financial systems
8.7.2021
While Visa and other major private payments networks see the potential of stablecoins, China's central bank believes they pose serious risks to global financial systems
Banks fall in line as China’s central bank cracks down on crypto accounts
21.6.2021
AgBank — the world's third-largest bank by assets — has indicated it will follow the PBoC's cue and work to stamp out its clients' crypto-related activities
China's Central Bank Cracks Down On Crypto Trading
21.6.2021
Source: iStock/杨培培
Today, the People’s Bank of China said that major banks and payment institutions promised they will not engage in crypto-related activities following a meeting with the market regulator.
The central bank said it summoned several major financial players, such as Industrial...
China’s Central Bank Is Partnering With SWIFT on a New Joint Venture
3.2.2021
It's unclear what the new group's mission will be, though People's Bank of China employees working on its digital currency efforts will be involved
China's central bank plans digital yuan pilot for payments to Hong Kong
4.12.2020
Preliminary talks are underway to begin testing the e-CNY in the special administrative region of Hong Kong
China's central bank lays regulatory foundation for CBDC
24.10.2020
The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties
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
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
China’s Central Bank Wants to Speed Up Blockchain Adoption
13.5.2020
Officials from the People’s Bank of China push to accelerate adoption of the country’s Fintech Development Plan
China’s Central Bank to Inject $4.7M into Blockchain Trade Platform
9.3.2020
China’s blockchain trade platform has facilitated $12.4 billion in transactions between 38 banks and 1,900 firms since 2018
China’s Central Bank: Here’s the Latest on the Digital Yuan
10.1.2020
China's central bank said several "top-level" processes in developing a digital yuan are "almost complete
China’s Central Bank Completes Top-Later Design and Joint Tests of Planned CBDC
10.1.2020
People’s Bank of China has announced the realization of the top-layer design and joint testing of the planned digital yuan
China’s Central Bank Uses Blockchain to Issue $2.8B Worth of Financial Bonds
9.12.2019
China issued $2.8 billion in blockchain-based special financial bonds for small and micro enterprises
China’s Central Bank Likely to Pilot Digital Currency in Cities of Shenzhen and Suzhou: Report
9.12.2019
The People's Bank of China is said to be preparing to launch pilots for its digital currency in Shenzhen and Suzhou from the end of the year
China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report
9.12.2019
Several Chinese banks and economic participants will reportedly pilot the digital yuan in two cities
Fake Website Prompts China’s Central Bank to Deny Digital Yuan Launch
14.11.2019
Despite online impostors claiming otherwise, the People’s Bank of China said the country’s stablecoin project is still in the testing stage with no date set for launch
After Xi, China’s Central Bank Gives Blockchain Tech a Pump
7.11.2019
The People's Bank has said blockchain is a solution to trade finance asymmetries in the latest promotion of the tech in China
Huawei Signs Deal With Digital Currency Research Unit of China’s Central Bank
4.11.2019
Huawei has signed a strategic cooperation agreement with the People’s Bank of China’s Digital Currency Research Institute