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Nalezeno "Digital Yuan": 570

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

Are these the First Images of China’s Digital Yuan?

15.4.2020
Social media users believe they have captured screenshots of a beta version of China’s much-awaited central bank digital currency (CBDC). WeChat users are believed to have gained access to the screenshots on Tuesday this week. Images have since been shared to Twitter in a series of tweets from...

China Will ‘Undoubtedly’ Pursue Digital Yuan, Central Bank Says

6.4.2020
The People’s Bank of China has sent one of its strongest signals yet of a commitment to creating a digital national currency

China Is Drafting Laws for the Circulation of National Digital Currency

26.3.2020
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what...

China Inches Closer to Its Digital Yuan With This Infographic

17.3.2020
The Shanghai branch of the central People’s Bank of China (PBoC) has published an infographic on its official WeChat account to educate the public about digital currencies – and warn them of the dangers of coronavirus-themed cryptocurrency scams. A screenshot of People’s Bank of China’s infographic...

Cointelegraph Special Report: Coronavirus and Crypto in China

4.3.2020
Cointelegraph interviews professionals working in the cryptocurrency industry in China to asses the effects of coronavirus on the local crypto economy

A Sea Change to Crypto Hits America, Again

1.3.2020
A sea change is coming to cryptocurrency in America. It is likely to hit in two separate waves: a central bank digital currency (CBDC) and draconian regulation that shuts down free-market activities, including development. Also Read: No Backdoor on Human Rights: Why Encryption Cannot Be Compromised...

China's Digital Yuan Research Delayed Amid Coronavirus Epidemic

26.2.2020
The coronavirus outbreak has led to postponed work at various Chinese government institutions, including the organs responsible for researching and developing the digital yuan

China’s DCEP Unlikely to Impact Crypto Markets in the Long-term, eToro Analyst Says

17.2.2020
China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week

84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan

16.2.2020
The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central...

Fed Chair Powell Reveals US Response to China’s Digital Yuan, Libra, Public Payments Ledger

12.2.2020
In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is...

Fearing ‘Currency Struggle,’ Japanese Politicians Want G7 Response to China’s Digital Yuan

7.2.2020
The group of lawmakers fears that the digital yuan could create economic disruption if it starts to replace the greenback in international markets

Prof. Michael Sung Talks About the Rise of the Digital Yuan

3.2.2020
The story of the digital Yuan is more complex than we knew and Professor Michael Sung explains why

Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan

3.2.2020
With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan...

Deutsche Bank Report: Digital Yuan Could Upset Global Power Balance, Plastic Will Die, Cash Survive

29.1.2020
A new report from Deutsche Bank Research, Digital Currencies: the Ultimate Hard Power Tool, predicts that cash payments will remain for decades, but the emergence of digital payments “will lead to the death of the plastic card.” The report, which is the third installment in a series...