DeFi News
BIS: cooperation essential for CBDCs to improve cross-border payments
In a new report, BIS says countries must work together and design CBDCs with interoperability in mind. Hong Kong and Singapore lead mCBDC efforts.
Michelle Lim
Lens
e-CNY
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Regulation
Stablecoins could pose risks to global financial system, Chinese central bank official says
Warning comes as Beijing ramps up efforts to internationalize China's currency through launch of digital yuan.
Timmy Shen
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Regulation
Bye-bye, Binance. Elon Musk spawns Floki Shiba Inu craze. Tickets for tokens in China.
Top blockchain and cryptocurrency news: Binance bounced out of Britain. Musk moves Shiba Inu prices again. China’s digital currency gets ready to roll.
Forkast.News
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Regulation
Chinese cities roll out digital yuan to public transport networks
Adoption of e-CNY for urban transport networks marks first step in wider introduction of state-backed digital money.
Kelly Le
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Advanced Blockchain Technologies
China’s Agricultural Bank launches fintech center in ‘smart city’ of Xiong’an
Agricultural Bank of China has set up a fintech innovation center in Xiong’an, a model for a so-called smart city.
Kelly Le
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Regulation
Hong Kong to press ahead with digital dollar, e-CNY plans
Hong Kong's financial secretary has reiterated the city's determination to develop digital versions of the Hong Kong dollar and the mainland Chinese yuan.
Kelly Le
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Regulation
China sets out stall with digital yuan. Here comes the sales pitch
Urged on by the authorities, banks have wasted little time in putting e-CNY infrastructure in place, but now comes the hard part — getting people to use it.
Kelly Le
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Regulation
Over 3,000 ATMs in Beijing now support digital yuan withdrawals
Two of China’s largest state-owned banks, the Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China (ABC), are now offering two-way exchange between fiat cash yuan and e-CNY digital currency through more than 3,000 ATMs in Beijing, according to reports in local media. Over 3,000 ATMs in Beijing managed by ICBC […]
Kelly Le
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Regulation
As Shanghai gives away digital yuan, we hit the streets with a man spending it
Money may be easy to part with when it's free, but as Shanghai’s first experimental e-CNY giveaway shows, it’s not so easy finding shops to take it.
Kelly Le
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Regulation
China reveals e-CNY wallet specifications
China’s central bank has unveiled four specifications of digital wallets for the country’s state-issued digital currency, the e-CNY.
Ningwei Qin
