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China Testing Digital Currency in Major Cities, Including Beijing and Hong Kong
17.8.2020
China’s Ministry of Commerce has announced the pilot run of the country’s central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested during the 2022 Winter Olympics games in Beijing, the ministry said. China Announces Testing...
First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race
7.7.2020
BoA researchers anticipate that China's digital yuan might make a dent in the greenback’s global hegemony
China Is Drafting Laws for the Circulation of National Digital Currency
26.3.2020
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what...
China Enacts Crypto Law in Run-Up to State Digital Currency Debut
1.1.2020
China adopts crypto law two months after official approval as digital currency plans continue to evolve
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 Digital Currency Launch 'Definitely’ in 6-12 Months — Investor
20.11.2019
CNBC: U.S. should “hurry up” with China digital currency response
China Digital Currency ‘Not Seeking Full Data Control’ — Central Bank
12.11.2019
China says digital currency won’t oust cash
HCM Capital Expects China’s Digital Currency to Launch in 2-3 Months
11.11.2019
China’s digital currency could launch in 2-3 months, according to HCM Capital’s Jack Lee
Peter Schiff: China's Gold-Backed Crypto Would Be Bearish for Bitcoin
5.11.2019
Bitcoin has no backing, Peter Schiff reminds Max Keiser
China Introduced a Smart City Identification System Based on Blockchain Technology
5.11.2019
China seems to be a frontrunner when it comes to blockchain-based real-world implementations. In the long list of technological deployments related to blockchain, the Chinese have added an independently developed identification system for smart cities. A smart city project is an amalgamation...
China’s Central Bank: Digital Currency Has ‘No Timetable’ for Launch
24.9.2019
China isn’t quite ready to launch a digital token after all, says PBoC
Circle CEO, Jeremy Allaire States that China has an Open-minded Approach to CBDCs
11.9.2019
Circle CEO, Jeremy Allaire, opined that China has the most open-minded way to deal with CBDCs (central bank digital currencies) to date. Further, Allaire said in a recent interview on Phoenix Chinese News that China’s national bank has the most forward-thinking considering Central Bank...
China’s New Digital Currency Will Be Similar to Facebook’s Libra
9.9.2019
Changchun Mu, the Digital Currency Research Institute chief and former deputy director of the payments and settlement division at the People’s Bank of China (PBoC) commented on their newly proposed digital yuan. He revealed that the new digital currency bears similarities with Facebook’s...
China Outlined Plans for Development of Shenzhen Special Economic Zone, Which Includes Promotion of Digital Currency
19.8.2019
The Central Committee of the Communist Party of China on 18th August laid out the strategies for the future improvement of the Shenzhen Special Economic Zone, which includes the research and development of digital assets and the national cryptocurrency dependent on the renminbi. Especially,...