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Digital Yuan Will Revolutionize Chinese Retail Payments – Central Bank Exec


A Chinese central bank chief has claimed the digital yuan will revolutionize the way the nation makes retail payments, and suggested the CBDC could one day “completely replace” cash. Per Yicai, Mu Changchun, Head of the Digital Currency Research Institute at the People’s Bank of China (PBoC), made...

Bank of China & E-commerce Giant Meituan Strike Digital Yuan Deal


The Bank of China and the e-commerce heavy-hitter Meituan have signed a digital yuan collaboration deal, with both firms looking to step up their CBDC capabilities. Per the Securities Times, via Stockstar, the two firms have sealed a “cooperation agreement” that will see them “deepen” their...

China Unveils New Crypto Game 'MetaCene' to Revive Crypto Gaming Scene


MetaCene, the next-generation blockchain MMORPG, is a highly-anticipated game that has been built in China for nearly 2 years and $5 million - and it may soon come out. According to the team behind the game, MetaCene is building a "homeland for mass players." It will take users into...

Chinese Bank Uses Digital Yuan Giveaway to Promote Waste Recycling Drive


A Chinese commercial bank has launched new digital yuan-powered recycling rewards programs, with citizens receiving CBDC tokens in exchange for recycling their waste. Per Danzong, via Xinhua, the Qingdao Branch of the Bank of Communications has launched a CBDC-powered rewards solution. The bank...

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