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Further Details of ‘Offline’ Chinese Digital Yuan ‘Hard Wallet’ Emerge
14.1.2021
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
12.1.2021
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...
Chinese Bank Trials Digital Yuan Services at ATMs: Report
11.1.2021
Trials of China's central bank digital currency continue, with ATMs now starting to be used in Shenzhen
State-owned Chinese bank rolls out ATMs for digital yuan
11.1.2021
The Agricultural Bank of China has launched an ATM pilot program that enables citizens to convert cash and savings to and from the digital yuan
China Launches Digital Yuan ‘Hard Wallet’ Card Pilot Program
10.1.2021
The People’s Bank of China (PBoC) have green lighted a physical card-wallet pilot to test its digital yuan. Coffee shop staff in a Shanghai-based university hospital was chosen as participants in the pilot. Wallet Card Can Pay or Accept e-CNY Without Wi-Fi or a Mobile Connection According...
The EURST Stablecoin Set the Path That Major Central Banks Now Want to Follow
8.1.2021
From Asia to Europe, major central banks all around the world are expected to announce their own digital currencies soon. This is vindication that stablecoins like EURST are on the right path forward, and they can serve to show how national economies should reinvent themselves following the current...
Trump Bans Chinese Payment App Giants Alipay and Wechat- Order Could Steer Billions of Dollars Toward Bitcoin
7.1.2021
Cryptocurrencies may see a boost between China and the U.S., as the American president Donald Trump has signed an executive order banning financial transactions with eight China-based payment applications. Following the signing of Trump’s new executive order, popular payment apps including...
China Pilots Phone-free Digital Yuan Wallet at Shanghai Hospital
6.1.2021
The Chinese central bank, the People’s Bank of China (PBoC) appears to have green-lighted a “hard wallet” smartphone-free pilot for its forthcoming digital yuan.
Per a Tencent news report, the pilot is being conducted in the staff cafeteria of the Shanghai Jiao Tong University School of Medicine’s...
XRP Army Fils A Petition, Digital Yuan Giweaway + More News
4.1.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
XRP investors have filed a petition against the US Securities and Exchange Commission (SEC) on December 29, claiming "irreparable...
Selected Shenzhen residents to get lottery 'red envelopes' with digital yuan
4.1.2021
Winners of the city's lottery will have 10 days to spend their gifted digital currency, at any of 10,000 supported merchants
Shenzhen to Double Digital Yuan Giveaway in China’s Latest Lottery Test
4.1.2021
The latest digital currency giveaway is aimed to gauge user experience ahead of an expected launch
China has no plan to replace USD with digital yuan, former PBoC head says
14.12.2020
A former PBoC official says that his country has taken a cautious approach with the digital yuan
Ex-People’s Bank Chief Says Digital Yuan Not Planned to Replace Global Currencies
14.12.2020
"We are not like Libra and we don’t have an ambition to replace existing currencies,” said a former governor of the People's Bank of China
Chinese residents make 20K transactions in digital yuan trial event
13.12.2020
The numbers come following the Suzhou municipal government giving away roughly $3 million in a digital yuan lottery for residents
3 Chinese E-Commerce Giants Join China’s Latest Digital Yuan Lottery Trial: Report
11.12.2020
Didi, Meituan and Bilibili are reportedly taking part in the latest test of the digital yuan, allowing lottery winners to spend the digital currency online
China Preparing to Wow World with Digital Yuan at Winter Olympics
8.12.2020
The national Stadium (a.k.a. Bird's Nest) built for 2008 Summer Olympics and will be used again in the 2022 Winter Olympics. Source: Adobe/coward_lion
China appears to be targeting the 2022 Winter Olympics as a showcase for the digital yuan – and will hope to show a global audience how fast...
Zhou Xiaochuan: The Father of the Digital Yuan
8.12.2020
“The PBOC that is not criticized by the public will not withstand the test of history," the current head of the central bank says. Zhou Xiaochuan's legacy – the digital yuan – was sidelined, until it became necessary
MicroStrategy Buys More Bitcoin, Hong Kong Eyes Digital Yuan + More News
7.12.2020
Traditional Chinese junkboat sailing across Victoria harbour, Hong Kong. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
MicroStrategy CEO Michael Saylor said that his company...
China Airdrops Digital Yuan Worth $3 Million — 10,000 Stores Will Accept It
6.12.2020
Twenty million yuan ($3 million) in China’s central bank digital currency will be given away to 100,000 people in the country’s largest test of the digital yuan to date. The digital currency will be accepted at 100,000 stores, including JD.com, one of China’s largest online...
Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments
6.12.2020
PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY form making cross-border payments