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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
Chinese State-Run Media Believe BTC Price Surge Is Just ‘Hype’ While Praising Blockchain
3.12.2020
Two Chinese state-run media outlets have published a brief news item urging citizens to focus more on blockchain technology than on the “hype” of the recent surging Bitcoin prices across the board. China’s Government to Focus on Blockchain Both Sina and Xinhuanet have stated that...
Russian central bank opposes ruble-pegged stablecoins
2.12.2020
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency
Suzhou to launch digital yuan 'red envelope' trial for Double 12 event
23.11.2020
Tied in with a national shopping event, the trial will add "offline" and "touch" functionality
The US election seals China's victory in digital currency supremacy
21.11.2020
While there is an unclear future for digital currency development under Joe Biden’s presidency, China is leading the race
MyEtherWallet founder weighs in on the most crypto-friendly country
19.11.2020
Crypto-friendly regulation may be in the eye of the beholder
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
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
Bahamas strikes first with Sand Dollar amid US–China CBDC faceoff
26.10.2020
Fed Chairman Powell sees no urgency to develop a CBDC, but eventually, the world’s top central bank must act, say experts
Digital yuan will work with WeChat and Alipay, says bank exec
26.10.2020
Details regarding the digital yuan's characteristics are taking shape
China's central bank lays regulatory foundation for CBDC
24.10.2020
The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
95% of winners in China’s CBDC lottery spent digital yuan prizes
19.10.2020
Some winners purchased additional digital yuan during the pilot
‘No single digital currency will dominate the world’ Bank of Japan now says
15.10.2020
Japan's policymakers appear disconcerted by the advancement in China's CBDC iniative
China’s Digital Currency Has Been Used in 3 Million Transactions Worth Over a Billion Yuan So Far
8.10.2020
China’s central bank digital currency has been used in 3.13 million transactions worth about 1.1 billion yuan ($162 million) so far, the People’s Bank of China’s deputy governor has reportedly revealed. In addition, more than 122,000 digital wallets have been created....
Beijing sees digital currencies as ‘new battlefield’ in global finance
21.9.2020
China's central bank aims to challenge the global financial status quo
Digital cold war? United States and China vie for blockchain supremacy
3.9.2020
As the tech standoff heats up, China launching a CBDC before the U.S. “absolutely does not guarantee global financial preeminence.”
Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center
28.8.2020
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID)...
China Testing Digital Currency in Major Cities, Including Beijing and Hong Kong
17.8.2020
China’s Ministry of Commerce has announced the pilot run of the country’s central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested during the 2022 Winter Olympics games in Beijing, the ministry said. China Announces Testing...