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Digital Yuan to Promote International Use of Chinese Currency, Experts Say
30.7.2021
The new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB, CNY) is becoming one of the world’s most important currencies, the People’s Bank of China is planning to conduct...
Shanghai Man: Economist says El Salvador 'on road to death', salaries paid in e-CNY ...
18.6.2021
Former banking heads question foreign financial policies, workers paid with digital yuan in milestone pilot and a large Series A is closed by DeFi platform SynFutures
China Calls Bitcoin and Stablecoins ‘Investment Alternatives’ for the First Time Since Crypto Crackdown
20.4.2021
After the well-known crypto crackdown launched by the Chinese government four years ago, it seems there is now a change in the tone from the country’s central bank. At least that’s what has been suggested recently by the deputy governor of the People’s Bank of China (PBoC)....
China is studying crypto as an investment tool, says PBoC deputy governor
18.4.2021
The central bank official said stablecoins issued by private companies may require "stronger regulatory rules" than Bitcoin
Bitcoin surge could be driving digital yuan interest, says People’s Bank of China
2.4.2021
The central bank says strong interest in its CBDC project is partly being driven by Bitcoin's recent surge, despite cryptocurrency still being banned in China
Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention
2.4.2021
Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has an uphill battle to take on Alipay and WeChat Pay
China, Singapore Look Ahead to CBDC Future at World Economic Forum
28.1.2021
A former deputy governor of the People’s Bank of China compared notes with the chairman of the Monetary Authority of Singapore
State-Backed Agricultural Bank of China Launches the First Digital Yuan ATMs
12.1.2021
The Agricultural Bank of China (ABC), one of China’s “big four” banks, is embarking on a pilot program to enable the first digital yuan ATMs. The banking institution deployed the first machines in selected branches in Shenzhen. ATMs Will Work With a Smartphone App According to...
China Launches Digital Yuan ‘Hard Wallet’ Card Pilot Program
10.1.2021
The People’s Bank of China (PBoC) have green lighted a physical card-wallet pilot to test its digital yuan. Coffee shop staff in a Shanghai-based university hospital was chosen as participants in the pilot. Wallet Card Can Pay or Accept e-CNY Without Wi-Fi or a Mobile Connection According...
China has no plan to replace USD with digital yuan, former PBoC head says
14.12.2020
A former PBoC official says that his country has taken a cautious approach with the digital yuan
China's central bank plans digital yuan pilot for payments to Hong Kong
4.12.2020
Preliminary talks are underway to begin testing the e-CNY in the special administrative region of Hong Kong
Though centralized, a digital yuan is too big for China to surveil, says Cypherium CEO
3.12.2020
Despite ambitions of overtaking the dollar, China's central bank will have a hard time monitoring all the transactions involved in a CBDC, though commercial banks might lend a hand
US intelligence is looking at Chinese CBDC as a national security threat
25.11.2020
The Director of National Intelligence wants to have the SEC's leader briefed on the dangers of the U.S. falling behind in crypto
IMF lawyers argue that central banks need reform before they can issue CBDCs
20.11.2020
New and developing research from the International Monetary Fund suggests that central banks around the world need new legal definitions for tokenized currencies
China’s digital yuan is ‘a long way’ from beating USD says financial firm exec
3.11.2020
Sounds like its CBDC is unlikely to dethrone the United States dollar as the world’s reserve currency anytime soon
China’s digital yuan pilots have processed $300M so far, says PBoC head
2.11.2020
China’s digital yuan pilot program is picking up speed
Digital yuan will combat US 'dollarization' says former PBoC governor
29.10.2020
“We need to prevent dollarization — this is one of the major designing points of the Chinese DCEP,” said Zhou Xiaochuan
Central bank digital currencies have the power to upend global finance
26.10.2020
Central bank digital currencies will fundamentally change our conceptions of money and its uses
Digital yuan will work with WeChat and Alipay, says bank exec
26.10.2020
Details regarding the digital yuan's characteristics are taking shape
95% of winners in China’s CBDC lottery spent digital yuan prizes
19.10.2020
Some winners purchased additional digital yuan during the pilot