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Nalezeno "digital yuan": 570

Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency


As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. Russia’s Central Bank Plans Digital Ruble The central...

Digital Yuan Users: Some Came Back for More, Others Unimpressed


Source: Adobe/Сергей Шиманович A number of Chinese citizens who received digital yuan payouts worth USD 30 in a recent giveaway event have decided to top up their central bank digital currency (CBDC) wallets. As previously reported, the central People’s Bank of China (PBoC) distributed thousands...

Digital Yuan Recipient Says Chinese CBDC Is ‘Just Like Using Alipay’


Many of the recipients of the recent digital yuan giveaway have spoken out to news agencies and on social media as the first non-testbed users of the forthcoming central bank digital currency (CBDC) start spending their tokens – with some stating that using the token is “no different” from using...

Digital Yuan Testers Spent USD 52 On Average Per Transaction


This year, during a series of digital yuan pilot programs in China, testers reportedly spent CNY 351 (USD 52) on average per transaction, bringing the total value of pilot transactions to CNY 1.1bn (USD 162m). According to Fan Yifei, Deputy Governor at the People‘s Bank of China (PBoC), 3.13m...

China Central Bank Official Reveals Results of First Digital Yuan Pilots


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...

Japanese Ruling Party Urges Gov’t to Speed up Digital Yuan Issuance


Japan’s ruling Liberal Democratic Party will call upon the government to release a digital currency “as soon as possible” – or risk falling behind other nations, including China. Per Jiji, via the Japan Times, the party, which recently elected Yoshihide Suga to become its leader and the country’s...

US Federal Reserve Actively Working on Digital Dollar


The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. Several Digital Dollar Initiatives The president...

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