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China aims to let foreigners use digital yuan at Winter Olympics in 2022
19.4.2021
China wants to allow foreign athletes and visitors to use the county’s digital currency during the Beijing Winter Olympics in 2022
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
Our Man in Shanghai: Coinbase listing scorned, graphics cards seized, nostalgia coins rule
16.4.2021
Coinbase and cryptocurrencies viewed cynically on Chinese social media, and news of a large mining GPU smuggling bust in Hong Kong
Macau poised to amend laws to enable digital yuan trials
15.4.2021
Macau’s government is taking steps towards introducing a digital currency to combat tax evasion and money laundering in the gambling hub
US Government Concerned China’s Digital Yuan Could Threaten Dollar as the World’s Dominant Reserve Currency
13.4.2021
The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand...
Bitcoin Bull Mike Novogratz Warns of ‘Existential Crisis’ if the US Fails to Create Digital Dollar
12.4.2021
Mike Novogratz, the CEO of Galaxy Digital and bitcoin bull has warned that the United States’ failure to have its own digital currency could be an “existential crisis.” However, the CEO says the country’s fate is still in its hands. Novogratz made these comments a few days...
Crypto Long & Short: Peter Thiel Defines Bitcoin’s Accidental Role in Global Politics
11.4.2021
Thiel's comments about China “weaponizing” bitcoin to hurt the U.S. are a warning about the cost of inaction
How the digital yuan stablecoin impacts crypto in China: Experts answer
10.4.2021
Here’s what crypto and blockchain industry experts from China think about the digital yuan and how it has affected the blockchain space
Paypal Cofounder Peter Thiel Thinks China Is Using Bitcoin as Financial Weapon Against the US
9.4.2021
According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still...
Digital yuan campaign planned for contested island in the South China Sea
8.4.2021
Participants will receive a discount for every central bank digital currency expenditure worth 100 yuan
PBoC and HKMA Partner to Test Digital Yuan
7.4.2021
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) have entered into a collaboration to examine the digital Yuan for conducting cross-border transactions. The tests are being conducted in mainland China. The Head of Research at the PBoC, Wang Xin, expressed his interest...
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
Hong Kong and China test cross-border digital yuan, says PBoC official
1.4.2021
The digital yuan continues to develop apace
Chinese Citizens Can Now Apply for the Digital Yuan Wallet Through 6 State-Owned Banks
26.3.2021
Following the interview with Ma Changchun, the head of the People’s Bank of China-run Digital Currency Research Institute, a recent report indicates that residents from Beijing and Shanghai can now apply for a digital yuan wallet. According to the report, six different Chinese banks will...
China’s digital yuan os backup to AliPay and WeChat Pay, says official
26.3.2021
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China
Our Man in Shanghai: Digital yuan tests, ‘bear market’ and ‘NFT’ searches spike
26.3.2021
Digital RMB testing for cross border payments and electric vehicles continues, sentiment takes a dive and blockchain events return to meatspace
Digital Yuan Won’t Be Fully Anonymous but Offers ‘Controllable’ Privacy Protection, Says Official
24.3.2021
Privacy has been a discussion that has not gone unnoticed when it comes to the forthcoming launch of the digital yuan. The head of the People’s Bank of China-run Digital Currency Research Institute had firmly pointed out that anonymity cannot be guaranteed at all. Feature Seeks to Avoid...
China’s digital yuan will offer best privacy protection, says official
22.3.2021
The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs
Warnings as Crypto, Digital Yuan Fraudsters Run Wild in China
16.3.2021
Chinese media outlets are reporting a sharp rise in bogus crypto, blockchain and digital yuan-related schemes in the country, as bitcoin (BTC) prices rise and the rollout of the Chinese central bank digital currency (CBDC) approaches.
Per reports from JRJ and the National Business Daily...