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Money Reimagined: What CoinDesk’s Style Debate Says About Crypto as Public Tech
29.5.2020
Blockchains are flexible new forms of public infrastructure, says Michael Casey. Plus: with China rushing in, Africa is a prime battleground for the future of money
Digital Yuan Will ‘Co-exist’ with Alipay, WeChat Pay – China Telecom
29.5.2020
A China Telecom executive has hinted that the digital yuan and third-party payment apps will likely co-exist in the same financial ecosystem – although he stopped short of saying whether or not the forthcoming central bank-issued token would be interoperable with apps such as WeChat Pay...
Bitcoin News Roundup for May 27, 2020
27.5.2020
While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It's another episode of CoinDesk's the Markets Daily podcast
No Timetable Yet for Digital Yuan Launch, Google Finds Theta + More News
27.5.2020
Source: Google, Instagram
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Digital fiats news
A timeframe has yet to be set for the launch of the digital yuan, says the People’s...
Ripple CEO Says US Regulators Must Embrace Crypto or Fall Behind China
27.5.2020
Brad Garlinghouse, the CEO of Ripple, has taken to Twitter urging U.S. regulators to get on board with cryptocurrencies, or risk losing global financial dominance to China
Slipping Yuan May be Good for Bitcoin Price, Past Data Suggests
27.5.2020
With historical data suggesting an intermittent correlation, bitcoin traders may do well to keep an eye on the ongoing slide in the yuan, analysts say
Digital Yuan Has No Launch Date, Bank of China Stresses Amid Rumors of Looming Rollout
26.5.2020
People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project
Digital Yuan Rollout Is 'Response to Facebook’s Libra'
26.5.2020
A South Korean financial expert says that China’s forthcoming digital yuan will be used in cross-border trading – possibly replacing the United States dollar in many international deals – and has been sped up as a response to Facebook’s Libra project.
Per Maeil Kyungjae, Kim Jong-han, a senior...
Token Impersonates Chinese Digital Yuan as Official Launch Date Remains Unknown
22.5.2020
Third-party actors step in to impersonate the digital yuan officials, hoping to attract gullible investors
Digital Yuan ‘Highly Likely’ to Be Comaptible with Alipay, WeChat Pay
20.5.2020
Experts in China and South Korea believe that China’s digital yuan will likely be interoperable with e-pay solutions like WeChat Pay and the Alibaba-operated AliPay, as well as a number of digital platforms used by major banks.
The People’s Bank of China (PBoC), the Middle Kingdom’s central bank...
Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain
13.5.2020
The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan
Top Facts on China’s Crypto Yuan and Related Blockchain Projects
7.5.2020
As China stops the spread of COVID-19 inside the country, the government announced two of the largest crypto and blockchain-related developments
Former Bank of China President Says Digital Yuan Can Replace Cash
6.5.2020
A former President of China’s central bank says the digital yuan will be able to eventually replace cash if four key conditions are met
Chinese Media Outlets Rush to Distance the Digital Yuan from Bitcoin
29.4.2020
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...
Alibaba-Backed AI Startup SenseTime to Help China Handle Digital Yuan
28.4.2020
Alibaba-backed AI startup SenseTime partners with China’s central bank to collaborate on the digital yuan amid reported trials
Starbucks Denies Involvement in Digital Yuan Tests
27.4.2020
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
25.4.2020
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...
Digital Yuan to Fuel China’s Economic Reign – McDonald’s, Starbucks, Subway Test PBoC’s Cryptocurrency
24.4.2020
China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s financial rule. In 2020, various reports show that China’s central bank will soon release a cryptocurrency that represents...
McDonald’s, Starbucks, Subway May Take Part in Digital Yuan Tests - Reports
23.4.2020
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)...
Starbucks and McDonald's Rumored to Be Testing China's Digital Currency
23.4.2020
Starbucks and McDonald’s shops in Xiong’an will reportedly support payments with China’s digital yuan