Tag: yuan

May 13 2021

After a Successful Pilot in Hong Kong, Tests of China’s Digital Yuan to Expand

Implementation of the digital yuan could significantly reduce the cost of cross-border transactions.

Apr 27 2021

Here’s Why The Digital Yuan Is The Opposite Of Bitcoin

The Digital Yuan is imminent. The time for Central Bank Digital Currencies is near us. Sooner than later, CBDCs will be the norm. And the Digital Yuan will break ground. Here's what this means for Bitcoin and why the two assets are directly...

Apr 26 2021

Are China’s Banks Using the CDBC to Wrest Data Control from AliPay & WeChat?

6 of China's largest banks are promiting the use of the e-CNY in an online shopping festival on May 6th.

Jan 22 2021

Croatia Watchdog Exposes Fraudsters Selling ‘Digital Yuan’ on Facebook

Following bitcoin's epic bull run, hundreds of cryptocurrency fraudsters popped up around the internet.

Jan 04 2021

Shenzhen Announces 20 Million Digital Yuan Giveaway

The Chinese city announced to give 100,000 packets via a lottery, each worth 200 digital yuan.

Dec 14 2020

Nov 12 2020

China Construction Bank Selling $3 Billion of Bonds for Bitcoin

China Construction Bank, one of the major banks in China, is selling bonds of $3 billion for bitcoin. The bonds will be listed on a standardized Malaysian crypto exchange. China Construction Bank...

Oct 23 2020

BREAKING: People’s Bank of China Cracks Down on Stablecoins

Oct 23 2020 Published at CryptoTicker under tags  china crypto cryptocurrency pboc regulation

The People's Bank of China (PBoC) is asking for public feedback to review the ongoing central banking law, which intends to authorize and legalize digital yuan but ban the distribution of yuan-pegged digital tokens. The central bank issued a notice on Friday, 23 October 2020....

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