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JD.com to Build Apps for China’s Digital Yuan Project: Report
22.9.2020
The Chinese e-commerce giant has reportedly agreed to help the nation's central bank develop infrastructure including a wallet for its cash-equivalent digital currency
European central bank execs explain why CBDCs don’t need blockchain
21.9.2020
Before trying to apply blockchain to anything, think why
It's Official: China's Digital Yuan To Target US Dollar Dominance
21.9.2020
The central People’s Bank of China (PBoC) confirmed that it is ready to take center-stage on a “new battlefield” of competition between sovereign nations based on digital fiats – and claims its own new token could help break “dollar dominance.”
The PBoC has been relatively cagey about its digital...
China Sees Advantages in Being First on New Digital Currency ‘Battlefield’
21.9.2020
The nation would wield stronger influence in the world as a result of the digital yuan issuance, according to a magazine from the People’s Bank of China (PBoC)
China’s Digital Yuan to Defend State Monopoly on Money – Central Bank
16.9.2020
Central bank digital currencies (CBDCs) like the Chinese digital yuan project may well bring centralization of money to a whole new level, an article by a top Chinese central bank official reveals.
In the article, written by People’s Bank of China (PBoC) deputy governor Fan Yifei for the bank’s...
Will a Digital Yuan Sound the Death Knell for China’s ATMs?
15.9.2020
The rollout of China’s digital yuan could spend the end for the nation’s ATMs, per a new report – with digital finance marginalizing hole-in-the wall-based technology.
Per media outlet Huo Long Guo Cai Jing, the ATM industry was at its peak in 2015, when some 252,000 machines were installed...
No one can refuse China’s digital currency, says central bank exec
14.9.2020
The digital renminbi is legally compensatory to China’s fiat currency
At least 3 nations to replace their currency with CBDC by 2030: report
9.9.2020
The digital yuan will not unseat the U.S. dollar — at least not right away
Insight into China’s CBDC after Digital Yuan Wallet Briefly Went Live
7.9.2020
Experts have been looking into a soft-launched digital yuan wallet that went live briefly late last month – and said they have uncovered important technical details, and possible usage scenarios.
The state-owned China Construction Bank (CCB), one of the biggest commercial banks in the world...
Digital cold war? United States and China vie for blockchain supremacy
3.9.2020
As the tech standoff heats up, China launching a CBDC before the U.S. “absolutely does not guarantee global financial preeminence.”
Beijing Telecoms Provider Latest Company to Join Digital Yuan Pilot
2.9.2020
Another private sector firm has stated that it is working with the Chinese central bank on its fast-expanding digital yuan pilots.
Per Shanghai Securities News, a Beijing-based telecom provider named Shenzhen Techo Telecom admitted that it was working on the project, known in China as the Digital...
China’s Digital Currency May Come With Hardware Wallets as Well
1.9.2020
China Construction Bank’s brief digital yuan debut suggests that hardware wallets for the central bank digital currency may be in the works
Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly
29.8.2020
One of China’s biggest banks recently opened up registration for wallets using the country’s central bank-backed digital currency. There are four levels of the wallet, according to reports. However, the bank took the offer down a few hours later. China’s Digital Currency Wallet...
Chinese Bank Disables Digital Yuan Wallet After Soft Launch Draws Wide Attention
29.8.2020
China Construction Bank had quietly opened up the wallet service of China's digital yuan to public users – but has now disabled it shortly after the feature gained wide attention
Digital yuan doesn't pose a threat to the hegemony of the dollar, says expert
28.8.2020
Foreign investors still doubt the PBoC's policies when it comes to the RMB exchange rate
Digital Yuan Will 'Hardly Put a Dent' in USD Dominance, Says Expert
28.8.2020
China’s forthcoming digital yuan rollout will not pose a threat to American dollar dominance, says a leading economist – although the Middle Kingdom has already “leapfrogged” the West when it comes to digital payment infrastructure and innovation.
In an opinion piece published by Project Syndicate...
China plans to use its digital yuan at the 2022 Winter Olympic Games
25.8.2020
Details about the official launch date still remain murky
The US is losing the 'tech cold war,' warns Ripple co-founder
24.8.2020
China can reverse Bitcoin transactions, a Ripple exec said
China's digital yuan trials reportedly limited to small retail transactions
24.8.2020
China’s central bank released a new statement to debunk some rumors
PBoC Says Digital Yuan Tests Focus on Small Transactions After Rumored Property Sale
24.8.2020
The People's Bank of China has apparently played down rumors of a house sale settled with its in-the-works digital currency