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China to Test Digital Yuan on Food Delivery Platform With 435 Million Users
15.7.2020
China’s central bank may test digital yuan on Meituan Dianping’s food delivery platform with 435 million users
China to Test Digital Yuan on Tencent-Backed Food Delivery Platform
15.7.2020
Now three Tencent-backed companies are setting themselves up to become early-stage testers for China’s digital yuan initiative
Another Chinese Giant, Meituan Dianping, Might Test Digital Yuan – Report
15.7.2020
The rollout of China’s much-discussed central bank digital currency (CBDC) is getting one step closer, as the People’s Bank of China (PBoC) – the country’s central bank – is said to have entered into discussions with a giant online food delivery platform for a trial of the digital yuan.
Citing...
China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
9.7.2020
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan...
Blockchain Bites: DiDi to Trial the Digital Yuan and a Look at Chainlink’s Gains
8.7.2020
The "Chinese Uber" will join the nations CBDC project, TikTok threw Dogecoin a treat and Nexo tapped Chainlink
Digital Yuan Set for Real-world Ride Sharing Pilot with Apple-backed Didi
8.7.2020
China’s digital yuan launch appears to be inching yet closer to rollout after reports in the Middle Kingdom surfaced linking a ride-share operator with pilots for the new central bank-run token.
Per Beijing Business Today and Bloomberg, a digital currency unit of the central People’s Bank of China...
Ride-Hailing Giant DiDi Joins China’s Digital Yuan Project
8.7.2020
The world’s second-highest-valued unicorn startup has partnered with the Chinese central bank to work on the forthcoming digital yuan
Expert: Digital Yuan Will Have a Hard Time Displacing Tether in Asia
6.7.2020
China’s CBDC wants to displace the US dollar, but Genesis Block’s Charles Yang believes it doesn’t offer a compelling alternative to USDT
Expert: China's Digital Yuan Will Target the Dollar, Not Bitcoin
6.7.2020
With its forthcoming digital yuan, China will aim to rival the U.S. dollar, not Bitcoin, say experts
Gold Industry Shaken as 83 Tons of Fake Gold Bars Used to Secure $2 Billion Loans in China
1.7.2020
The gold industry has been shaken after it was discovered that 83 tons of fake gold bars have been used as collateral for loans worth 20 billion yuan from 14 financial institutions to a major gold jewelry manufacturer in Wuhan, China. This amount of gold “would be equivalent to 22%...
China's Blockchain Service Network Integrates Chainlink Oracles
23.6.2020
China’s Blockchain Service Network, made up of some of the leading technology companies, is integrating Chainlink’s data oracles
Digital Yuan’s Backend Development Complete, Says Chinese Official
22.6.2020
A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency
South Korean Merchants Open to Accepting Digital Yuan
10.6.2020
An article published by Yonhap suggests that South Korean merchants are open to accepting digital yuan as a payment method in the near future
South Korean Merchants ‘May Accept Digital Yuan from Chinese Tourists’
10.6.2020
Countries with a large influx of Chinese tourists could be among the first outside the Middle Kingdom to accept the forthcoming digital yuan, claims a South Korean report – although it comes with warnings of “Big Brother’s” creeping influence over Chinese finance.
Per South Korean news agency...
Proposed Digital Dollar and Digital Yuan Have a Lot in Common – Report
6.6.2020
Chinese media analysts believe that there are a number of key similarities between the Digital Dollar Project and the central People’s Bank of China (PBoC)’s digital yuan – but they say that by the time the American project irons out wrinkles, it may be too late to beat Beijing to the punch.
In...
‘Post-dollar World’ May Be Run by Digital Yuan – Analysts
2.6.2020
International experts are warning that China’s forthcoming digital yuan might be gunning not only for the United States dollar, but also for bitcoin (BTC)’s market share – while slumping dollar prices have prompted some to ask if BTC currently presents a better investment opportunity than...
FXCoin Strategist: Weaker Yuan Could Lead to a Stronger Bitcoin
1.6.2020
Yasuo Matsuda of FXCoin sees the economic sanctions on Chinese traders in the midst of the pandemic as more likely to drive them to Bitcoin
Money Reimagined: What CoinDesk’s Style Debate Says About Crypto as Public Tech
29.5.2020
Blockchains are flexible new forms of public infrastructure, says Michael Casey. Plus: with China rushing in, Africa is a prime battleground for the future of money
Digital Yuan Will ‘Co-exist’ with Alipay, WeChat Pay – China Telecom
29.5.2020
A China Telecom executive has hinted that the digital yuan and third-party payment apps will likely co-exist in the same financial ecosystem – although he stopped short of saying whether or not the forthcoming central bank-issued token would be interoperable with apps such as WeChat Pay...
Bitcoin News Roundup for May 27, 2020
27.5.2020
While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It's another episode of CoinDesk's the Markets Daily podcast