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Nalezeno "digital yuan": 567

Warnings as Crypto, Digital Yuan Fraudsters Run Wild in China


Chinese media outlets are reporting a sharp rise in bogus crypto, blockchain and digital yuan-related schemes in the country, as bitcoin (BTC) prices rise and the rollout of the Chinese central bank digital currency (CBDC) approaches. Per reports from JRJ and the National Business Daily...

China May Target Tether after Digital Yuan Launch – B2C2 Japan CEO


Tether (USDT) could emerge as an unlikely target for the Chinese central bank, the People’s Bank of China (PBoC), when it rolls out its digital yuan ahead of next year’s Winter Olympic Games, an industry player has opined. Speaking to Bloomberg (via Sankei Biz), Philip Gillespie, the CEO of...

Digital Yuan Scammers Gathering Momentum as Token Rollout Nears


Police in China are warning that digital yuan-themed scams are starting to appear in the country with more regularity – as opportunistic fraudsters attempt to trick citizens out of their money with central bank digital currency (CBDC)-themed get-rich-quick schemes. The digital token is nearing...

Digital Yuan Compatible with at Least Eight Chinese Bank Platforms


As many as eight commercial Chinese banks may be working on their own digital yuan wallets or banking platforms that can interoperate with the token, with banking groups outside the “big four” also set to roll out their own smartphone-based offerings. The country’s four biggest banks,...

Further Details of ‘Offline’ Chinese Digital Yuan ‘Hard Wallet’ Emerge


The masterminds behind the digital yuan – the forthcoming Chinese central bank digital currency – have provided further explanation about a new “hard” wallet, which makes no use of smartphone technology. Per Tencent’s media arm, the hard wallet, which resembles a conventional credit card but for...

State-Backed Agricultural Bank of China Launches the First Digital Yuan ATMs


The Agricultural Bank of China (ABC), one of China’s “big four” banks, is embarking on a pilot program to enable the first digital yuan ATMs. The banking institution deployed the first machines in selected branches in Shenzhen. ATMs Will Work With a Smartphone App According to...

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