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People's Bank of China in Shenzhen ‘cleans up’ illegal crypto firms
18.8.2021
The Shenzhen branch of the People's Bank of China launched a special “rectification” program against illegal crypto-related activities, beginning with a crackdown on 11 emerging companies
Countries representing over 90% of global GDP are exploring CBDCs
25.7.2021
Governments around the world are pouring more resources into CBDC research and exploratory use cases. Among the major economies, China appears to be pulling ahead and has plans to implement digital-yuan usage during the 2022 Winter Olympics in Beijing
Digital yuan pilots expand to insurance industry for the first time
21.7.2021
China's central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death due to COVID-19
China's central bank worried about stablecoins' risk to financial systems
8.7.2021
While Visa and other major private payments networks see the potential of stablecoins, China's central bank believes they pose serious risks to global financial systems
Beijing subway now accepts digital yuan
30.6.2021
Beijing's rail transit service now accepts digital yuan for subway rides through an integration with the Industrial and Commercial Bank of China
Banks fall in line as China’s central bank cracks down on crypto accounts
21.6.2021
AgBank — the world's third-largest bank by assets — has indicated it will follow the PBoC's cue and work to stamp out its clients' crypto-related activities
Over 3,000 ATMs in Beijing can now convert digital yuan into cash
18.6.2021
The Agricultural Bank of China previously debuted digital yuan ATMs this January
China debuts blockchain-based digital yuan salary payments in Xiong’an
14.6.2021
China reportedly implemented the country’s first blockchain-powered digital yuan transactions in the Xiong’an New Area
Hong Kong to expand pilots for cross-border use of digital yuan
13.5.2021
The first phase of tests for use of the digital yuan across borders has been successful, the Hong Kong Monetary Authority has said
Rolling up the sleeves: China’s tech giants drive digital yuan adoption
1.5.2021
CBDC tests are proceeding toward deployment, as Chinese internet, fintech and e-commerce giants are leading the digital yuan vanguard
Ant Group highlights private sector's role in developing digital yuan
26.4.2021
Major tech and commerce firms have been instrumental in helping China's central bank develop the digital yuan
Binance has appointed new head of ‘Greater China’
21.4.2021
It’s not entirely clear when Terence Zeng assumed his leadership role, though the appointment appears to have been recent
China aims to let foreigners use digital yuan at Winter Olympics in 2022
19.4.2021
China wants to allow foreign athletes and visitors to use the county’s digital currency during the Beijing Winter Olympics in 2022
How the digital yuan stablecoin impacts crypto in China: Experts answer
10.4.2021
Here’s what crypto and blockchain industry experts from China think about the digital yuan and how it has affected the blockchain space
Bitcoin surge could be driving digital yuan interest, says People’s Bank of China
2.4.2021
The central bank says strong interest in its CBDC project is partly being driven by Bitcoin's recent surge, despite cryptocurrency still being banned in China
China’s digital yuan os backup to AliPay and WeChat Pay, says official
26.3.2021
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China
China’s digital yuan will offer best privacy protection, says official
22.3.2021
The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs
Report: Ant Group to overhaul structure per agreement with China authorities
3.2.2021
Several of Ant Group’s offerings including the blockchain division will reportedly become part of a financial holding company
While China's CBDC sets the pace, the yuan stumbles in usage abroad
21.1.2021
The past two years were much harder on the dollar, however