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JD.Com Says It’s Accepting China’s Digital Yuan for Latest Lottery
5.12.2020
Chinese e-commerce firm JD.Com says it's become the first online platform to accept the nation's central bank digital currency
China's central bank plans digital yuan pilot for payments to Hong Kong
4.12.2020
Preliminary talks are underway to begin testing the e-CNY in the special administrative region of Hong Kong
Though centralized, a digital yuan is too big for China to surveil, says Cypherium CEO
3.12.2020
Despite ambitions of overtaking the dollar, China's central bank will have a hard time monitoring all the transactions involved in a CBDC, though commercial banks might lend a hand
‘If the water's too clean there'll be no fish’: China’s CBDC may hurt Macau’s casinos
3.12.2020
Macau’s gambling industry is reeling amid rumors that the city’s regulator is in talks with casino operators regarding the introduction of China’s digital yuan
Suzhou to launch digital yuan 'red envelope' trial for Double 12 event
23.11.2020
Tied in with a national shopping event, the trial will add "offline" and "touch" functionality
China to Hold Second Lottery Trial of the Digital Yuan
23.11.2020
A lottery in Suzhou will additionally trial the offline feature of the digital yuan, per a Monday report
Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years
20.11.2020
Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies
Inflation games: Bitcoin competes with fiat on value but lacks volume
14.11.2020
Amid global economic contraction, Bitcoin appears to be gaining momentum against struggling fiat currencies
Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitcoin Down to its Fixed Supply
14.11.2020
Hedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency...
How Ant’s Suspended IPO Is Related to China’s Digital Yuan
12.11.2020
Ant’s suspended IPO exposes potential financial risks posed by the fintech giant’s digital payment platform Alipay. The digital yuan may be China’s attempt at a solution
Beijing Municipal Government Conference Notes Plans to Pilot CBDC in China’s Capital
9.11.2020
The discussion of China's digital yuan at a regional-level conference indicates the pilot is being included in state-level planning
83 Tons of Fake Gold Bars Backing $3 Billion Loans in China: This Man Claims to Know the Truth
5.11.2020
The gold industry was shaken when it was discovered that 83 tons of fake gold bars were used to back loans worth 20 billion yuan in China. While Chinese authorities have not said whether the real gold exists or where it is, an insider claims to know what happened. The Mystery Behind the Chinese...
China’s digital yuan is ‘a long way’ from beating USD says financial firm exec
3.11.2020
Sounds like its CBDC is unlikely to dethrone the United States dollar as the world’s reserve currency anytime soon
Blockchain Bites: Digital Yuan’s 4M Transactions, Bitcoin’s 33-Month High, Uniswap’s Second Governance Vote
2.11.2020
October saw the first time the total value locked in all DeFi protocols closed below the month’s starting value
PBoC Governor Says ‘Successful’ Digital Yuan Trials Have Transacted $299M
2.11.2020
The governor of the People's Bank of China praised recent tests of the digital yuan at the Hong Kong Fintech Week conference on Monday
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
$1.1 Billion Crypto Ponzi: Masterminds of Wotoken Head to Prison in China
31.10.2020
A Chinese court has confirmed the sentencing of the masterminds behind the 7.7 billion yuan Chinese Ponzi scheme Wotoken, which had over 715,000 investors. Wotoken Scammers Sentenced to Prison The Intermediate People’s Court of Yancheng city, Jiangsu province, denied an appeal by four...
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