Articles filed under

e-CNY

162 articles
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March 2023

Silvergate teeters as regulators circle and crypto firms cut ties

Top blockchain and crypto news: Silvergate woes spark bankruptcy talk. LDO dips on false enforcement rumors. Chinese leaders push digital development.

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.

February 2023

CBDCs are coming. Here’s why you should worry

Governments are pushing central bank digital currencies to exert more control over macro policy, writes Josef Tětek of Trezor. But your money and privacy are also at stake.

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

February 2023

Genesis, Gemini face US charges over unregistered securities sales

Top blockchain and crypto news: SEC frowns on Genesis, Gemini. Solana soars. Will China tighten its embrace of WeChat Pay and Alipay to push its CBDC?

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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

February 2023

FastForkast headlines

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

Macau is betting on digital currency, CBDC as legal tender

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.

Terra chief faces arrest as South Korea ramps up global manhunt

Top blockchain and crypto news: Where is Do Kwon hiding out? Ethereum Merge mood fading fast. China’s digital yuan draws scrutiny Down Under.

Australia Senator says China’s CBDC may threaten national security

Amid the worsening relationship with China, one Australian Senator is trying to address possible national security concerns that may arise from Beijing’s Central Bank Digital Currency project.

Binance launches Ethereum staking ahead of Merge upgrade

Top blockchain and crypto news: Binance bets on Ethereum Merge. What does Terra’s sudden resurgence mean? China seeks to expand e-CNY ecosystem.

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Macau is betting on digital currency, CBDC as legal tender

October 2022

Terra’s LUNA moonshot can’t escape gravity of market misgivings

Top blockchain and crypto news: Investors shun LUNA 2.0. Ethereum gains amid relief rally. China’s stimulus goes digital.

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Macau is betting on digital currency, CBDC as legal tender

JD.com tops US$60 mln in digital yuan sales in 618 shopping festival

Chongqing joins China’s digital yuan tax pilots

Macao needs China’s heft in tech to introduce CBDC, official says

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.

Central banks double down on CBDC issuance: BIS report

A 2021 poll of 81 central banks by the BIS reveals that work on retail CBDCs has moved into more advanced stages, driven by a need to increase financial stability amid the pandemic, and the emergence of stablecoins.

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Macao needs China’s heft in tech to introduce CBDC, official says

China expands use of the digital yuan to high school campuses

Chongqing reports US$43 mln digital yuan trading volume in debut month

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

China expands digital yuan trial to cover tax, social security, toll gates

Hangzhou races to showcase digital yuan at Asian Games

Chinese state media calls for wider e-CNY adoption

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

China’s digital yuan expands to five more cities

April 2022

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.

US bill targets e-CNY; Russian sanctions hurting public

Blockchain data analysis platform Chainalysis has launched a set of free sanction screening tools. Meanwhile, lawmakers in the US take aim at China’s digital yuan, or e-CNY, while Russian sanctions begin to highlight issues with financial sovereignty as hundreds of thousands of Russian and Ukrainian civilians are caught in the financial crossfire.

China’s Two Sessions: what to expect for blockchain

Look for progress reports on e-CNY, blockchain technology, new digital infrastructure, and subtle mentions of the international sanctions against Russia.

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China’s digital yuan expands to five more cities

Asian Games set for digital yuan, metaverse pilots, tech firm claims

Hangzhou company claims city will likely win digital yuan pilot bid

US senators sound alarm over China’s digital yuan, Russia SWIFT sanctions

March 2022

Korea’s crypto unicorns; Hong Kong’s e-CNY pilot

Korea’s crypto sector spawns two unicorns, meanwhile Hong Kong is set to be an idea cross-border e-CNY test city.

Hong Kong makes apt testbed for e-CNY cross-border use

The city’s global reach, Hong Kong dollar and mainland ties make it a good fit for Chinese authorities to trial e-CNY international payments.

Collision or coexistence: Can CBDCs and crypto live side by side?

As more countries announce plans for central bank digital currencies, will that break crypto’s promise as the future of money?

China’s e-CNY pilot to boost Hong Kong as offshore yuan trading center

Upcoming digital yuan trial to piggyback on Hong Kong’s popular Faster Payment System for smoother cross-border transactions.

What I learned from my role in digitizing the yuan

CBDCs are vulnerable to hacking and the powers of quantum computing, cybersecurity expert Amnon Samid writes. Central banks must heed the warning.

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US senators sound alarm over China’s digital yuan, Russia SWIFT sanctions

E-CNY chief says digital dollar poses no threat to China

February 2022

Why governments have powerful incentives to develop digital currencies

CBDCs can increase financial inclusion and prevent crime, according to blockchain expert Tiana Laurence. What’s not to like about state-backed digital money?

e-CNY transactions surge; Fusang IPO green light

e-CNY transactions surge in China, meanwhile Fusang IPO ‘s get a green light

Indian crypto scam investigated; Kakao’s webtoon NFTs sell out

Indian crypto scam investigated meanwhile Korea’s Kakao’s webtoon NFTs sell out

e-CNY app downloaded 16 million times; Kazakhstan outages hit miners

China’s e-CNY app downloaded 16 million times meanwhile in Kazakhstan the outages hit miners

Bored Ape NFT frenzy; Play-to-earn sustainability questioned

China’s e-CNY pilot app is ready for download as Bored Apes headline NFT frenzy.

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E-CNY chief says digital dollar poses no threat to China

Hong Kong to pilot international trade settlement for mBridge this year

Guangzhou will advance digital yuan, blockchain pilots in 2022

Lack of audience won’t stop digital yuan showcase at Winter Olympics

$1.5 billion worth of digital yuan transacted in Beijing last year

China’s digital yuan wallet gets 16 million downloads in debut week

China’s largest food delivery platform Meituan accepts e-CNY payment

South China’s Guangxi region looks to cross-border e-CNY trade uses

January 2022

Japan’s central bank is urged to speed up its digital yen project

With economic security as a top priority, the Kishida administration anticipates the release of competing CBDCs.

The digital yuan’s de-dollarization

Why the Federal Reserve and other major central banks are likely to speed up development of retail CBDCs.

Investors queasy as prospect of India crypto ban returns

Top blockchain and crypto news: Are India’s CBDC plans crowding out crypto? Jack Dorsey goes full Bitcoin bro. China’s digital yuan hopes claim another victim.

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South China’s Guangxi region looks to cross-border e-CNY trade uses

China’s PBOC wants to link e-CNY with Hong Kong’s Faster Payment System

New round of digital yuan coupons issued as Beijing Winter Olympics near

December 2021

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New round of digital yuan coupons issued as Beijing Winter Olympics near

Shenzhen introduces incentives to promote cross-border e-CNY