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Digital Yuan Will ‘Co-exist’ with Alipay, WeChat Pay – China Telecom
29.5.2020
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
27.5.2020
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.
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A timeframe has yet to be set for the launch of the digital yuan, says the People’s...
Ripple CEO Says US Regulators Must Embrace Crypto or Fall Behind China
27.5.2020
Brad Garlinghouse, the CEO of Ripple, has taken to Twitter urging U.S. regulators to get on board with cryptocurrencies, or risk losing global financial dominance to China
Digital Yuan Has No Launch Date, Bank of China Stresses Amid Rumors of Looming Rollout
26.5.2020
People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project
Digital Yuan Rollout Is 'Response to Facebook’s Libra'
26.5.2020
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...
Token Impersonates Chinese Digital Yuan as Official Launch Date Remains Unknown
22.5.2020
Third-party actors step in to impersonate the digital yuan officials, hoping to attract gullible investors
Digital Yuan ‘Highly Likely’ to Be Comaptible with Alipay, WeChat Pay
20.5.2020
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...
Top Facts on China’s Crypto Yuan and Related Blockchain Projects
7.5.2020
As China stops the spread of COVID-19 inside the country, the government announced two of the largest crypto and blockchain-related developments
Former Bank of China President Says Digital Yuan Can Replace Cash
6.5.2020
A former President of China’s central bank says the digital yuan will be able to eventually replace cash if four key conditions are met
Chinese Media Outlets Rush to Distance the Digital Yuan from Bitcoin
29.4.2020
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...
Alibaba-Backed AI Startup SenseTime to Help China Handle Digital Yuan
28.4.2020
Alibaba-backed AI startup SenseTime partners with China’s central bank to collaborate on the digital yuan amid reported trials
Starbucks Denies Involvement in Digital Yuan Tests
27.4.2020
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...
Digital Yuan to Fuel China’s Economic Reign – McDonald’s, Starbucks, Subway Test PBoC’s Cryptocurrency
24.4.2020
China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s financial rule. In 2020, various reports show that China’s central bank will soon release a cryptocurrency that represents...
McDonald’s, Starbucks, Subway May Take Part in Digital Yuan Tests - Reports
23.4.2020
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)...
Starbucks, McDonald’s Among 19 Firms to Test China’s Digital Yuan: Report
23.4.2020
The food and beverage giants are among the restaurants and retail shops reportedly on a local government list for testing of China's central bank digital currency
Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials
20.4.2020
China’s central bank confirmed it will be testing a mobile app for the digital yuan in four cities, with a fifth in the works, and emphasized it’s a test
Bank Of China Says Digital Yuan Will Not Cause Inflation
20.4.2020
Bank of China officially replies to the public about the digital Yuan and says it will not cause inflation
Digital Yuan Real-world Tests to Begin in May - Chinese Media Reports
16.4.2020
Multiple domestic media outlets are reporting today that China is beginning its first tests for what is set to become the world’s first central bank-issued digital currency, with real-world tests coming in May.
Chinese outlets say that the digital yuan, known in China as the DCEP (Digital Currency...
The Digital Yuan Is Being Tested for a Workers’ Subsidies Scheme in Suzhou
16.4.2020
Official media has confirmed that the digital yuan is being tested as part of a transport subsidies scheme for local workers
China’s Digital Yuan Reportedly to Test in Four Cities
15.4.2020
A testing app for China’s forthcoming central bank digital currency appears to be ready for download in four cities