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Nalezeno "peoples bank": 63

Hong Kong digital yuan pilot lacks P2P capabilities

17.5.2024
While Hong Kong residents can sign up for a digital yuan (e-CNY) wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong

Project mBridge reveals details of its workings ahead of MVP, commercial debut

31.10.2023
Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is

People’s Bank of China Governor Vows to Curb Crypto Speculation

23.10.2023
The new governor of China’s central bank has promised to stop speculation associated with cryptocurrency transactions in the country. Pan Gongsheng made the vow in a report detailing measures to maintain the stability of the Chinese financial market and prevent risks. PBOC Prepares to Crack Down...

China opens industrial park for digital yuan CBDC development in Shenzhen

12.10.2023
The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan

Bitcoin gains legal recognition as digital currency in Shanghai China

26.9.2023
A similar report from another Chinese court earlier in September recognized cryptocurrencies as virtual properties protected by law

mBridge CBDC project preparing for new members, launch of minimum viable product

25.9.2023
The project now includes central and commercial banks of China, Hong Kong, Thailand and the UAE. Future new members were not identified

Grayscale victory, SEC delays decision on Bitcoin ETFs: Law Decoded

4.9.2023
Grayscale victory doesn't help Bitocoin spot ETF approval on first deadline as SEC postpones decison to next deadline

Digital yuan integration introduced to Chinese business air travel

21.7.2023
The Civil Aviation Administration and China Merchants Bank said passengers will be able to utilize the digital currency to access new services via this platform

Chinese state media removes video on crypto after Binance CEO calls it 'big deal'

25.5.2023
Although China has maintained a hostile stance against crypto, the recent developments in Hong Kong got many to speculate about its impact on China

China to expand CBDC use case for Belt and Road Initiative

24.4.2023
China was one of the first nations to start working on its CBDCs. However, despite the completion of its development, the government is yet to officially launch the CBDC

The day the last withdrawal is locked

24.4.2023
One day, you will probably tell your grandchildren about the Wild West days of cryptocurrency

CBDCs should protect privacy, not be a surveillance tool: Former CFTC chair

14.3.2023
The former CFTC chair argues that AML and KYC measures are outdated and constitutionally questionable and said crypto technology can do better

Wuhan omits NFTs from metaverse plan amid regulatory uncertainty in China

7.11.2022
The Chinese government has shown a keen interest in developing a metaverse economy, but its stance on NFTs hasn’t been very clear

Chinese central bank exec says digital yuan will offer ‘controllable anonymity’

1.11.2022
China’s digital yuan is one of the earliest CBDCs whose pilot phase has expanded to include millions of users and billions in transaction volume

Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says

14.10.2022
Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed. More than 5 million merchants now accept the digital yuan in 15 Chinese regions as Beijing continues to expand the pilot areas....