China: CBDC race gathers steam as more companies develop e-CNY products

2021-9-8 02:00

Countries around the world have stepped up their efforts to launch and promote their Central Bank Digital Currencies (CBDC). And, China seems to be winning that race by a fair margin. In fact, accordiThe post China: CBDC race gathers steam as more companies develop e-CNY products appeared first on AMBCrypto.

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china race cbdc products develop e-cny companies

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China Is Expanding Its Digital Yuan Trials to Include More Cities

Leading the race of central bank digital currency (CBDC), China's central bank has already tested the digital yuan in several cities, including Shenzhen, Chengdu, Suzhou, and Xiong'an. Still, there is no specific timeline for the CBDC’s official rollout, said central bank vice governor Li Bo in an annual gathering on Sunday of top Chinese and […] The post China Is Expanding Its Digital Yuan Trials to Include More Cities first appeared on BitcoinExchangeGuide.

2021-4-20 16:28


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Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy

In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other notable regulatory developments in the crypto space.

2019-12-16 18:20


China Looks To Overtake The US As The Leader In International Technological And Financial Supremacy

The United States of America has been at the forefront of most of the technological innovations be it the space race or the latest quantum supremacy achieved by Google. Even on the financial end, the US Dollar is still the main barter for international trade. But, with the start of the 22nd century, there is […]

2019-11-18 21:30


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200+ German Banks Unite to Propose a Pan-Continental Digital Euro

China may have the early mover’s advantage in the race to launch the first national digital currency, but it seems other major global players are in no mood to be left far behind. The Association of German Banks (Bankenverband) released a paper yesterday explicitly stating that the Eurozone economy will benefit from a ‘programmable digital […] The post 200+ German Banks Unite to Propose a Pan-Continental Digital Euro appeared first on BeInCrypto.

2019-11-1 18:09


Africa could emerge as the battleground between Facebook and China as digital currency race heats up

Ever since Facebook announced its plans to launch its own cryptocurrency, the world’s regulatory and financial space hasn’t been the same. However, the news cycle about Libra was soon overtaken by lawmakers and regulatory bodies voicing their grave concerns about the same, while also highlighting Facebook’s own problematic history.

2019-8-21 20:30