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JD.Com Says It’s Accepting China’s Digital Yuan for Latest Lottery
5.12.2020
Chinese e-commerce firm JD.Com says it's become the first online platform to accept the nation's central bank digital currency
‘If the water's too clean there'll be no fish’: China’s CBDC may hurt Macau’s casinos
3.12.2020
Macau’s gambling industry is reeling amid rumors that the city’s regulator is in talks with casino operators regarding the introduction of China’s digital yuan
China to Hold Second Lottery Trial of the Digital Yuan
23.11.2020
A lottery in Suzhou will additionally trial the offline feature of the digital yuan, per a Monday report
Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitcoin Down to its Fixed Supply
14.11.2020
Hedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency...
Beijing Municipal Government Conference Notes Plans to Pilot CBDC in China’s Capital
9.11.2020
The discussion of China's digital yuan at a regional-level conference indicates the pilot is being included in state-level planning
PBoC Governor Says ‘Successful’ Digital Yuan Trials Have Transacted $299M
2.11.2020
The governor of the People's Bank of China praised recent tests of the digital yuan at the Hong Kong Fintech Week conference on Monday
Huawei’s Mate 40 Phone to Ship With Digital Yuan Wallet
30.10.2020
The upcoming Mate 40 line of devices will feature a built-in hardware wallet for China's central bank digital currency
Digital yuan will combat US 'dollarization' says former PBoC governor
29.10.2020
“We need to prevent dollarization — this is one of the major designing points of the Chinese DCEP,” said Zhou Xiaochuan
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...
Hong Kong ‘Exploring’ Collaboration With China on Digital Yuan: Finance Chief
21.10.2020
A cross-boundary digital yuan could bring Hong Kong closer to the Mainland, Hui said
First Users Not So Impressed by China’s Digital Yuan: Report
19.10.2020
A recent giveaway of China's in-testing central bank digital currency has reportedly left recipients wondering why they should swap from existing solutions like Alipay
Nearly 2 Million Sign Up for China’s Digital Yuan ‘Lottery’
13.10.2020
Around 50,000 digital "red envelopes," reminiscent of the traditional gifts doled out in China for special occasions and each containing 200 digital yuan ($29.60), were handed out Monday
China Should Accelerate Rollout of Digital Yuan, Says Central Bank Official
12.10.2020
Chen Yulu, deputy governor of the People's Bank of China, said at the weekend that the digital yuan project should be accelerated as an important part of the nation's financial infrastructure
Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency
10.10.2020
A major Chinese city is giving away 10 million yuan in the country’s central bank digital currency this weekend. Recipients can use their digital yuan at 3,389 stores next week. The city aims for the giveaway to boost usage of the new government-backed digital currency. Chinese City Giving...
China’s Central Bank, Major City to Hand Out $1.5M in Digital Yuan
9.10.2020
A local report suggests the pilot is an indication that the digital yuan is close to being launched
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....
US Federal Reserve Actively Working on Digital Dollar
26.9.2020
The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. Several Digital Dollar Initiatives The president...
JD.com to Build Apps for China’s Digital Yuan Project: Report
22.9.2020
The Chinese e-commerce giant has reportedly agreed to help the nation's central bank develop infrastructure including a wallet for its cash-equivalent digital currency
China Sees Advantages in Being First on New Digital Currency ‘Battlefield’
21.9.2020
The nation would wield stronger influence in the world as a result of the digital yuan issuance, according to a magazine from the People’s Bank of China (PBoC)
China’s Digital Currency May Come With Hardware Wallets as Well
1.9.2020
China Construction Bank’s brief digital yuan debut suggests that hardware wallets for the central bank digital currency may be in the works