Articles filed under
Digital Yuan
32 articles
March 2023
CBDC: Boon Or Bane?
Critics fear CBDCs could mean the end of cryptocurrencies, and an increasing number of countries are racing to develop their own.
March 2023
February 2023
October 2022
China busts ‘world’s dumbest thieves’ in digital yuan money laundering case
Chinese authorities can track e-CNY wallet transaction history, if warranted, thanks to its ‘managed anonymity’ design.
China to expand digital yuan trials within its most populous provinces
The entirety of the provinces of Guangdong, Jiangsu, Hebei and Sichuan will be piloting the e-CNY by end 2022, says central bank official.
September 2022
August 2022
Bitcoin bounces back; South Korea crypto tax delay
Bitcoin recovers from it’s weekend slump, standing at over US$20K. Meanwhile, Elon Musk’s support sees Dogecoin gain 12%.
June 2022
E-CNY use widens in Chinese schools; Terra faces audit
A hydropower plant in China has been fined for illegally powering crypto mines. Meanwhile, South Korean auditors plan on auditing Terra and other crypto exchanges.
Covid-19, postponed Asian Games to push digital yuan into the slow lane?
China’s central bank is driving the adoption of the digital currency, but a spate of lockdowns is slowing the economy and raising questions about the rollout.
May 2022
Binance makes Russia denial; CoinDCX talk future plans
Binance categorically denies sharing client data with Russia. Meanwhile, Chinese officials push for e-CNY use at the Asian Games.
Will London be Europe’s next crypto capital?
Top blockchain and cryptocurrency news: Britain’s crypto gamble. WAVES crashing. China’s big digital yuan push.
China’s e-CNY push; India’s crypto tax kicks in
India’s long-awaited crypto tax comes into effect. Meanwhile, China expands the digital yuan program.
April 2022
Russian bank given crypto license: China to monitor outflows
As the conflict between Russia and Ukraine rages on and sanctions continue to mount, Russia-based bank Sberbank obtains a crypto license from the Central Bank of Russia. Meanwhile in China, social media platform Weibo allows its users to mint NFTs of their social media posts.
What US Fed’s interest rate hike means for China and its CBDC
Capital control limiting outflows may be less of an issue in the future with e-CNY being a ‘controllable currency,’ experts say.