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.

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China’s WeChat social media giant integrates digital yuan into payment platform

China’s digital yuan initiative gets cold reception from Hong Kong visitors

March 2023

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China’s digital yuan initiative gets cold reception from Hong Kong visitors

Digital yuan sales during Lunar New Year up from last year, online retailers say

February 2023

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Digital yuan sales during Lunar New Year up from last year, online retailers say

Shenzhen leads China in cross-border CBDC transactions: report

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.

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Shenzhen leads China in cross-border CBDC transactions: report

Chinese central bank should issue RMB stablecoin for metaverse: academic

September 2022

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Chinese central bank should issue RMB stablecoin for metaverse: academic

China’s central bank to expand digital yuan pilot program

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%.

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China’s central bank to expand digital yuan pilot program

Chongqing joins China’s digital yuan tax pilots

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.

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Chongqing joins China’s digital yuan tax pilots

China expands use of the digital yuan to high school campuses

China southeastern city tops US$3mln digital yuan transactions in pilot month

China broadens digital yuan trial to select hospitals, Tianjin civil salaries

Digital yuan gets green light on buses, trains in Xiamen, Guangzhou cities

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.

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Digital yuan gets green light on buses, trains in Xiamen, Guangzhou cities

e-CNY now a payment option on WeChat Pay in all pilot areas

China’s digital yuan expands to five more cities

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.

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China’s digital yuan expands to five more cities