Browsing Tag
digital yuan
16 posts
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…
U.S is Keeping Tabs on Digital Yuan
With the growing strength of digital currencies like Bitcoin, governments seem to be taking the idea of State-backed…
Soaring Bitcoin Price Boosts Interest in Digital Yuan –PBoC
Wang Xin, a Director at the Peoples Bank of China (PBoC), has said that there’s an increased interest in…
China Pilots Digital Yuan in Cross-Border Payments
The idea of digital fiat is one whose time has come, and the Chinese are leading the way.…