Browsing Tag
digital yuan
19 posts
Police Arrest Suspects Involved in First Digital Yuan Scam
In a tele-fraud-related case investigation, Chinese police have arrested the prime suspect and 11 others linked to a…
China Says Stablecoins Poses Risks to the Financial Market
The ex-Chairman of Shanghai Bank, Fan Yifei, has said during an interview has expressed the concerns of the…
China Accelerating the Adoption of Digital Yuan
After a successful crackdown on Bitcoin mining and crypto trading, China is accelerating the rollout of the digital…
Chinese Professor Says Cryptocurrencies are not Digital Currencies
There is a huge difference between cryptocurrencies and digital currencies. This is according to Fan Gang, a professor…
China to Give Away 200 Digital Yuan to Beijing’s Residents Ahead of Big Festival
As one of the most anticipated events in the Chinese national calendar, the Dragon Boating Festival nears, Beijing…
Chinese Regulator’s Tech Head Says CBDC’s can be Based on Ethereum And Diem
In a surprising announcement, a top official from the Chinese regulatory authority said that the central bank-backed digital…
Chinese Banks Actively Promoting CBDC Over Traditional Payment Methods
Soon after the China central bank introduced its digital currency, several big banks are now actively promoting it…
Bahamas and Cambodia Beat China in CBDCs Ranking
Bahamas ranks first and Cambodia takes second place in the list of countries with the most progressed CBDC.…
China’s PBoC Official Says Beijing Regards Cryptocurrency as Investment Alternative
While speaking at an event, a senior official from the Chinese-state bank stated that the Asian nation regards…
Macau Working on Introducing Digital Yuan
The digital Yuan’s adoption is gaining traction, putting China at the forefront in State issued cryptocurrencies. The government…