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China’s digital yuan pilots have processed $300M so far, says PBoC head
2.11.2020
China’s digital yuan pilot program is picking up speed
U.S. Vs. China: who will win the digital currency war?
9.10.2020
The U.S. needs to embrace privacy-focused crypto in order to compete with China’s digital RMB
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 Central Bank Official Reveals Results of First Digital Yuan Pilots
7.10.2020
An official for China’s central bank has unveiled usage statistics of state-backed digital currency trials that were conducted in three Chinese cities. Speaking virtually at the Sibos 2020 conference on Monday, Fan Yifei, deputy governor of the People’s Bank of China, said the bank opened 113,300...
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
Former China Central Bank Exec Pushes for Digital Currencies
2.8.2020
Former Bank of China vice president says digital currencies can be a substitute for cash on circulation
Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials
20.4.2020
China’s central bank confirmed it will be testing a mobile app for the digital yuan in four cities, with a fifth in the works, and emphasized it’s a test
The Digital Yuan Is Being Tested for a Workers’ Subsidies Scheme in Suzhou
16.4.2020
Official media has confirmed that the digital yuan is being tested as part of a transport subsidies scheme for local workers
China's Digital Yuan Research Delayed Amid Coronavirus Epidemic
26.2.2020
The coronavirus outbreak has led to postponed work at various Chinese government institutions, including the organs responsible for researching and developing the digital yuan
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
Financial Institutions Use Stablecoins to Shake Things Up in 2020
26.1.2020
2020 has kicked off with a lot of excitement and announcements around stablecoins. Will these top institutions and companies lead the front towards a stablecoin-ruled world
Digital Currency Manual for Chinese Officials in High Demand, Enters Second Printing
13.1.2020
Chinese party officials show interest in a manual on digital currencies as the government opens to blockchain technology
People’s Bank of China ‘Progressing Smoothly’ With Digital Yuan
6.1.2020
The People’s Bank of China says it is making smooth progress with the development of its forthcoming digital currency
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
Chinese Central Bank Issues USD 2.8m Worth of Blockchain Bonds
6.12.2019
Source: iStock/杨培培
The People’s Bank of China (PBoC) has issued some USD 2.8 billion worth of blockchain-issued financial bonds to small business loans in China.
Per reports from Xinhua and Naeil Shinmun, the central bank says that it used its “own independently developed blockchain bond issuance...
Bitcoin Drops to $7,000 as China Vows to ‘Dispose of’ Exchanges
22.11.2019
China seeks to reinforce the crypto trading ban
China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain
21.11.2019
The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday. Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better...
In Wargaming Exercise, a Digital Yuan Neuters US Sanctions and North Korea Buys Nukes
20.11.2019
What if China’s digital currency undermined U.S. dominance of global finance? Former top Washington officials gamed out the scenarios Tuesday night
China Central Bank Official: Digital Yuan Should Have ‘Controllable Anonymity’
12.11.2019
China’s proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said