Regulation
Beijing Winter Olympics vendors begin to accept digital yuan
Shijingshan, a site for the upcoming Winter Olympics, has started supporting payments made using the state digital money, known as e-CNY.
Timmy Shen
Lens
e-CNY
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Advanced Blockchain Technologies
Beijing looks to boost blockchain, create industry champions
China has released guidelines aimed at boosting the country’s blockchain development.
Timmy Shen
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Regulation
Shanghai in US$3M e-CNY windfall ahead of Dragon Boat holiday
Following a digital yuan giveaway announced for Beijing last week, Shanghai will distribute 350,000 red envelopes to people across the city during next week's Dragon Boat Festival.
Kelly Le
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Regulation
Prominent Chinese economist urges public to ‘avoid confusion’ between digital currency and cryptocurrencies
It is important to distinguish between developing a digital currency for currency digitalization and digitalization of assets or cryptocurrencies so that China can be more focused on preventing risks in the financial sector, said Fan Gang, a Peking University professor and a prominent advocate in China for economic reform. Fast Facts: In a keynote speech […]
Michelle Lim
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Regulation
China to give away digital yuan worth US$6.3M in latest e-CNY test
China is set to hand out 200,000 virtual red envelopes, each containing 200 yuan (US$31.30) of the country's prototype digital currency, to Beijing residents.
Kelly Le
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Regulation
Digital yuan is not a surveillance tool, says Chinese ex-central bank director
Former People's Bank of China Director Yao Qian says that the country's digital yuan is not a surveillance tool for the government.
Yihui Xie
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Regulation
Will China become the new digital currency superpower?
The U.S. dollar reigns supreme as the current world reserve currency. Could the USD's status change with the rise of CBDCs like China’s DCEP digital yuan?
David Shin
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Regulation
US dollar dominance waning as CBDCs enter global spotlight
Global US dollar reserves touched a 25-year low in Q4 2020, according to a new IMF report. Will a digital euro and e-RMB muscle in?
Graham Smith
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Altcoins
ICP takes crypto world by storm. Will Ethereum be the next Bitcoin? Goldman Sachs launches crypto trading desk.
Other top blockchain and cryptocurrency news: How Dogecoin copycat SHIB coin vaulted into crypto’s top 20. China unveils fingerprint ID for digital yuan.
Forkast.News
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Regulation
China’s new digital yuan wallet with fingerprint ID causes privacy worries
Chutian Dragon and IDEX Biometrics offer DCEP digital currency wallets with fingerprint recognition. The companies say the feature enhances security.
Kelly Le
