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Nalezeno "digital yuan": 570

Proposed Digital Dollar and Digital Yuan Have a Lot in Common – Report


Chinese media analysts believe that there are a number of key similarities between the Digital Dollar Project and the central People’s Bank of China (PBoC)’s digital yuan – but they say that by the time the American project irons out wrinkles, it may be too late to beat Beijing to the punch. In...

‘Post-dollar World’ May Be Run by Digital Yuan – Analysts


International experts are warning that China’s forthcoming digital yuan might be gunning not only for the United States dollar, but also for bitcoin (BTC)’s market share – while slumping dollar prices have prompted some to ask if BTC currently presents a better investment opportunity than...

Digital Yuan Will ‘Co-exist’ with Alipay, WeChat Pay – China Telecom


A China Telecom executive has hinted that the digital yuan and third-party payment apps will likely co-exist in the same financial ecosystem – although he stopped short of saying whether or not the forthcoming central bank-issued token would be interoperable with apps such as WeChat Pay...

No Timetable Yet for Digital Yuan Launch, Google Finds Theta + More News


Source: Google, Instagram Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Digital fiats news A timeframe has yet to be set for the launch of the digital yuan, says the People’s...

Digital Yuan Rollout Is 'Response to Facebook’s Libra'


A South Korean financial expert says that China’s forthcoming digital yuan will be used in cross-border trading – possibly replacing the United States dollar in many international deals – and has been sped up as a response to Facebook’s Libra project. Per Maeil Kyungjae, Kim Jong-han, a senior...

Digital Yuan ‘Highly Likely’ to Be Comaptible with Alipay, WeChat Pay


Experts in China and South Korea believe that China’s digital yuan will likely be interoperable with e-pay solutions like WeChat Pay and the Alibaba-operated AliPay, as well as a number of digital platforms used by major banks. The People’s Bank of China (PBoC), the Middle Kingdom’s central bank...

Chinese Media Outlets Rush to Distance the Digital Yuan from Bitcoin


A number of Chinese media outlets have published reports outlining the central bank’s plans for the digital yuan, which is set to make its debut at testbed sites next month, with some keen to point out that the new token “is not bitcoin (BTC) or ethereum (ETH)” and will not lead to a rise in crypto...

Starbucks Denies Involvement in Digital Yuan Tests


American multinational chain of coffeehouses, Starbucks, has denied being involved in the testing of China's digital yuan. "We are not participating in the digital currency trial in China," a Starbucks spokesperson told Cryptonews.com, without elaborating. As reported, news have started...

McDonald’s, Starbucks, Subway May Take Part in Digital Yuan Tests - Reports


McDonald’s, Starbucks and Subway branches could be set to take part in the Chinese central bank’s digital yuan pilots, with Beijing’s efforts to roll out the world’s first central bank digital currency (CBDC) intensifying. Multiple Chinese outlets, including the likes of Sina (via JRJ and Ciajing)...

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