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China’s digital yuan pilots have processed $300M so far, says PBoC head
2.11.2020
China’s digital yuan pilot program is picking up speed
Huawei’s Latest Smartphone Comes with a CBDC Wallet for Digital Yuan
30.10.2020
Huawei Mate40 Pro. China’s biggest smartphone maker Huawei has revealed that its latest flagship handset, the Mate 40, will come with a built-in wallet for the digital yuan – the nation’s forthcoming central bank digital currency.
In a post on the official Huawei Weibo account, the tech giant...
Huawei’s Mate 40 Phone to Ship With Digital Yuan Wallet
30.10.2020
The upcoming Mate 40 line of devices will feature a built-in hardware wallet for China's central bank digital currency
New Huawei smartphone will feature a hardware wallet for digital yuan
30.10.2020
The Mate40 series will reportedly enable dual offline transactions and allow users to control anonymity
Digital yuan will combat US 'dollarization' says former PBoC governor
29.10.2020
“We need to prevent dollarization — this is one of the major designing points of the Chinese DCEP,” said Zhou Xiaochuan
Digital yuan will work with WeChat and Alipay, says bank exec
26.10.2020
Details regarding the digital yuan's characteristics are taking shape
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
Hong Kong ‘Exploring’ Collaboration With China on Digital Yuan: Finance Chief
21.10.2020
A cross-boundary digital yuan could bring Hong Kong closer to the Mainland, Hui said
Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency
20.10.2020
As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. Russia’s Central Bank Plans Digital Ruble The central...
Digital Yuan Users: Some Came Back for More, Others Unimpressed
19.10.2020
Source: Adobe/Сергей Шиманович
A number of Chinese citizens who received digital yuan payouts worth USD 30 in a recent giveaway event have decided to top up their central bank digital currency (CBDC) wallets.
As previously reported, the central People’s Bank of China (PBoC) distributed thousands...
First Users Not So Impressed by China’s Digital Yuan: Report
19.10.2020
A recent giveaway of China's in-testing central bank digital currency has reportedly left recipients wondering why they should swap from existing solutions like Alipay
95% of winners in China’s CBDC lottery spent digital yuan prizes
19.10.2020
Some winners purchased additional digital yuan during the pilot
China’s Digital Yuan Blurs the Lines Between CBDCs and Crypto
15.10.2020
An in-depth analysis of China's digital yuan project reveals more similarities to crypto than you might think. Upshot: seismic disruption to the financial system
Starbucks and McDonald’s reportedly not testing China’s digital yuan
14.10.2020
Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC
Digital Yuan Recipient Says Chinese CBDC Is ‘Just Like Using Alipay’
14.10.2020
Many of the recipients of the recent digital yuan giveaway have spoken out to news agencies and on social media as the first non-testbed users of the forthcoming central bank digital currency (CBDC) start spending their tokens – with some stating that using the token is “no different” from using...
Nearly 2 Million Sign Up for China’s Digital Yuan ‘Lottery’
13.10.2020
Around 50,000 digital "red envelopes," reminiscent of the traditional gifts doled out in China for special occasions and each containing 200 digital yuan ($29.60), were handed out Monday
China Should Accelerate Rollout of Digital Yuan, Says Central Bank Official
12.10.2020
Chen Yulu, deputy governor of the People's Bank of China, said at the weekend that the digital yuan project should be accelerated as an important part of the nation's financial infrastructure
Bitcoin rallies, McAfee compares prison to Hilton, digital yuan airdrop: Hodler’s Digest, Oct. 5–11
11.10.2020
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
Shenzhen Giving Away Millions in Digital Yuan in Lottery to Boost Consumption, Test Tech: Report
10.10.2020
The promotion is part of China's efforts to try out out and stimulate usage of its new digital currency
Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency
10.10.2020
A major Chinese city is giving away 10 million yuan in the country’s central bank digital currency this weekend. Recipients can use their digital yuan at 3,389 stores next week. The city aims for the giveaway to boost usage of the new government-backed digital currency. Chinese City Giving...