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Starbucks, McDonald’s Among 19 Firms to Test China’s Digital Yuan: Report
23.4.2020
The food and beverage giants are among the restaurants and retail shops reportedly on a local government list for testing of China's central bank digital currency
Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials
20.4.2020
China’s central bank confirmed it will be testing a mobile app for the digital yuan in four cities, with a fifth in the works, and emphasized it’s a test
Bank Of China Says Digital Yuan Will Not Cause Inflation
20.4.2020
Bank of China officially replies to the public about the digital Yuan and says it will not cause inflation
Digital Yuan Real-world Tests to Begin in May - Chinese Media Reports
16.4.2020
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...
The Digital Yuan Is Being Tested for a Workers’ Subsidies Scheme in Suzhou
16.4.2020
Official media has confirmed that the digital yuan is being tested as part of a transport subsidies scheme for local workers
China’s Digital Yuan Reportedly to Test in Four Cities
15.4.2020
A testing app for China’s forthcoming central bank digital currency appears to be ready for download in four cities
Are these the First Images of China’s Digital Yuan?
15.4.2020
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 Will ‘Undoubtedly’ Pursue Digital Yuan, Central Bank Says
6.4.2020
The People’s Bank of China has sent one of its strongest signals yet of a commitment to creating a digital national currency
China Is Drafting Laws for the Circulation of National Digital Currency
26.3.2020
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
17.3.2020
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...
Cointelegraph Special Report: Coronavirus and Crypto in China
4.3.2020
Cointelegraph interviews professionals working in the cryptocurrency industry in China to asses the effects of coronavirus on the local crypto economy
A Sea Change to Crypto Hits America, Again
1.3.2020
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...
China's Digital Yuan Research Delayed Amid Coronavirus Epidemic
26.2.2020
The coronavirus outbreak has led to postponed work at various Chinese government institutions, including the organs responsible for researching and developing the digital yuan
China Tracks Victims of Coronavirus with WeChat and Alipay
18.2.2020
Chinese province tracks victims of coronavirus with WeChat and Alipay, does crypto solve this?
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
China’s DCEP Unlikely to Impact Crypto Markets in the Long-term, eToro Analyst Says
17.2.2020
China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week
84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan
16.2.2020
The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central...
Fed Chair Powell Reveals US Response to China’s Digital Yuan, Libra, Public Payments Ledger
12.2.2020
In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is...
Fearing ‘Currency Struggle,’ Japanese Politicians Want G7 Response to China’s Digital Yuan
7.2.2020
The group of lawmakers fears that the digital yuan could create economic disruption if it starts to replace the greenback in international markets