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Beijing Telecoms Provider Latest Company to Join Digital Yuan Pilot
2.9.2020
Another private sector firm has stated that it is working with the Chinese central bank on its fast-expanding digital yuan pilots.
Per Shanghai Securities News, a Beijing-based telecom provider named Shenzhen Techo Telecom admitted that it was working on the project, known in China as the Digital...
China’s Digital Currency May Come With Hardware Wallets as Well
1.9.2020
China Construction Bank’s brief digital yuan debut suggests that hardware wallets for the central bank digital currency may be in the works
Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly
29.8.2020
One of China’s biggest banks recently opened up registration for wallets using the country’s central bank-backed digital currency. There are four levels of the wallet, according to reports. However, the bank took the offer down a few hours later. China’s Digital Currency Wallet...
Chinese Bank Disables Digital Yuan Wallet After Soft Launch Draws Wide Attention
29.8.2020
China Construction Bank had quietly opened up the wallet service of China's digital yuan to public users – but has now disabled it shortly after the feature gained wide attention
Digital yuan doesn't pose a threat to the hegemony of the dollar, says expert
28.8.2020
Foreign investors still doubt the PBoC's policies when it comes to the RMB exchange rate
Digital Yuan Will 'Hardly Put a Dent' in USD Dominance, Says Expert
28.8.2020
China’s forthcoming digital yuan rollout will not pose a threat to American dollar dominance, says a leading economist – although the Middle Kingdom has already “leapfrogged” the West when it comes to digital payment infrastructure and innovation.
In an opinion piece published by Project Syndicate...
China plans to use its digital yuan at the 2022 Winter Olympic Games
25.8.2020
Details about the official launch date still remain murky
China's digital yuan trials reportedly limited to small retail transactions
24.8.2020
China’s central bank released a new statement to debunk some rumors
PBoC Says Digital Yuan Tests Focus on Small Transactions After Rumored Property Sale
24.8.2020
The People's Bank of China has apparently played down rumors of a house sale settled with its in-the-works digital currency
Beijing Makes Digital Yuan Pilot Expansion Plan U-turn
20.8.2020
The Chinese government has indicated that it may not decide to expand the scale of its digital yuan launch after all – just days after it revealed details of a massive expansion encompassing some of the most affluent parts of the country.
As previously reported on Cryptonews.com, the nation’s...
China’s Digital Yuan CBDC Is Close, but Many Details Remain Unknown
17.8.2020
Despite the interest currently surrounding the digital yuan, some are not yet sure of the project’s overall scope and mainstream viability
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...
China Expands Digital Yuan Trials to Beijing and Neighboring Provinces
14.8.2020
While there is not yet a set time for the expanded pilot program to begin, a policy framework should be complete by the end of 2020
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
Hong Kong’s Greater Bay Area to Launch China’s Digital Yuan
12.8.2020
China’s CBDC is on its way to 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
China’s Digital Yuan to Reportedly Target Dominance of Alibaba and Tencent
4.8.2020
China’s central bank may be planning to use its digital currency to curb the dominance of Alibaba and Tencent in the digital payments sector
It Is the China Dream That Hinders Digital Yuan Says Fisco Executive
25.7.2020
China’s digital yuan looks to be scaling smoothly but its core political slogan may disrupt further development
Crypto Mastercard, French CBDC Experiment, Fake Digital Yuan + More News
20.7.2020
Source: Adobe/Игорь Головнёв
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Payments giant Mastercard has granted London-based digital payments firm Wirex principal membership...
Digital Yuan CBDC Momentum Grows as More Chinese Firms Get to Testing
19.7.2020
As the development of the digital yuan project progresses, the number of China’s largest companies testing the national cryptocurrency is rapidly growing