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Nalezeno "yuan": 792

Chinese Media Outlets Rush to Distance the Digital Yuan from Bitcoin


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...

Starbucks Denies Involvement in Digital Yuan Tests


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...

Digi-Yuan Confirmations, Royal Screw-Ups and 20 Crypto Jokes


Another eventful crypto week. Let's take a look at what happened. So, China's central bank officially confirmed that digital yuan testing is coming soon, and there are reports that McDonald’s, Starbucks, and Subway may take part in its testing. Uniswap and Lendf.Me were attacked using a known...

McDonald’s, Starbucks, Subway May Take Part in Digital Yuan Tests - Reports


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)...

Digital Yuan Real-world Tests to Begin in May - Chinese Media Reports


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...

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


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 Is Drafting Laws for the Circulation of National Digital Currency


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


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...

A Sea Change to Crypto Hits America, Again


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...

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