China: Central Bank Inching Closer to CBDC Issuance

2020-3-24 22:00

China has reportedly made significant progress with the basic functions of its proposed central bank digital currency (CBDC) based on patent filings submitted by Chinese fintech giant Alipay. Beijing Inching Closer to CBDC Issuance According to the Global Times, Alipay filed five patents related to its work on China’s planned CBDC between January 21 andRead MoreRead More.

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Источник: btcmanager.com

cbdc china → Результатов: 84

Official explains why China CBDC should not be as anonymous as cash

While cash is associated with more anonymity, it’s still less mobile and easy to use in large amounts than a digital currency, China’s CBDC project lead Mu Changchun said.

2022-7-26 14:59	Privacy
cbdc china cash amounts large easy use

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McDonald's Reportedly Pressured to Adopt China's CBDC Ahead of Winter Olympics

China is reportedly pressuring U.S. companies to accept its controversial CBDC

2021-10-20 09:20
cbdc china reportedly pressuring companies accept controversial

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China Plans a CBDC Giveaway Lottery worth $6.2 Million

The latest efforts in China’s bid to implement a Central Bank Digital Currency (CBDC)… The post China Plans a CBDC Giveaway Lottery worth $6.2 Million appeared first on Coin Journal.

2021-6-3 15:50	China
cbdc china million worth lottery plans giveaway

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China to use CBDC for 2022 Winter Olympic Games

Ever since China has announced its CBDC, the world has been keeping a close eye on the country’s updates regarding the coin. There is still no news regarding the exact launch date, however, China did reveal one thing, and that is that it plans to use its CBDC during the Winter Olympic Games in 2022.

2020-8-26 14:01	Cryptocurrency
cbdc china games 2022 regarding winter olympic

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Blockchain Bites: Ripple’s Rebuff, DeFi’s ‘Degens’ and China’s CBDC

Both the U.S. and China are advancing on their central bank digital currency (CBDC) designs while a Bitcoin developer created a new programming language.

2020-8-16 19:37	Blockchain Bites
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Eastern Caribbean Central Bank’s CBDC Could Beat China to the Punch in 2020

The Eastern Caribbean Central Bank will start issuing its blockchain-powered CBDC later this year, but will it beat China and others to the punch?

2020-3-18 16:03	China
china punch eastern beat caribbean bank central

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Will There Be A Cryptocurrency And Blockchain Bull Market In 2020?

There is no denying that 2019 was the year of enterprise blockchain adoption. Nations like China, the UAE, and many others have declared support for blockchain. There were also talks about the issuance of Central Bank Digital Currencies (CBDC).

2020-3-10 19:54	Crypto Cable
blockchain declared support others uae many talks

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Ethereum's Buterin: Digitization is inevitable, with or without blockchain

Central governments across the globe are currently mulling over the need for a central bank digital currency [CBDC]. All thanks to China, for it was the first country to research and accelerate its efThe post Ethereum's Buterin: Digitization is inevitable, with or without blockchain appeared first on AMBCrypto.

2020-3-5 21:30	Trading View
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Chinese Communist Party Exec Wants State Monopoly on Digital Currency

China Former Vice President of CIRC of the Party openly talks the strategic plan of CBDC and its ICO and crypto bans

2020-2-28 00:13	CBDC
party openly talks bans circ strategic plan

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China’s CBDC Research Delayed Due To Coronavirus Outbreak; Will It Launch In 2020?

According to local media, Global Times, a reliable government resource has confirmed that the planned launch of its digital currency electronic payment (DCEP) will not launch in the first quarter of 2020 due to the spread of CoronaVirus.

2020-2-26 17:24	CBDC
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Coronavirus Stalls China’s Progress with Central Bank Digital Currency

The coronavirus outbreak is reportedly delaying progress on China’s central bank digital currency (CBDC) project. However, officials say Beijing is keen to see the pilot test happen before the end of the year.

2020-2-26 23:00	PBoC
currency coronavirus bank digital central china progress

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Japan’s Finance Minister Sounds China CBDC Warning

Taro Aso, Japan’s Finance Minister has voiced his reservations concerning China’s plans to issue its central bank digital currency (CBDC) – the digital yuan. Aso told fellow finance chiefs at the G-20 summit that Beijing’s state-backed crypto could negatively upset the balance of the global economy.

2020-2-25 18:00	Japan
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Ripple CEO claims XRP's demand won't be affected by USD-backed CBDC

With nation-states like Singapore well into the development of its own CBDC and China set to launch its ‘DCEP’ this year, all eyes are on the United States Federal Reserve and the possibility of The post Ripple CEO claims XRP's demand won't be affected by USD-backed CBDC appeared first on AMBCrypto.

2020-2-18 16:00	Trading View
cbdc claims ripple usd-backed demand xrp won

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People’s Bank of China Has Filed 84 Digital Payment Patents For CBDC’s: Report

According to the Chamber of Digital Commerce, China has filed 84 patents for the digital yuan, its new upcoming digital currency. The patents date to 2017 and are credited to the People’s Bank of China’s (PBoC) Digital Currency Institute.

2020-2-14 00:55	Announcements
digital patents china people bank filed currency

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China's DCEP might not be the sole CBDC to launch this year

CBDCs have been ruffling the feathers of regulators worldwide, eliciting concerns regarding the impact of their use and sale. Regardless of such concerns, however, many nations around the world have jThe post China's DCEP might not be the sole CBDC to launch this year appeared first on AMBCrypto.

2020-2-13 02:30	Trading View
launch concerns year china dcep cbdc might

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China Files 84 Patents For Central Bank Digital Currency

Reports of more than 80 digital payments-related patents filed by the People’s Bank of China (PBOC) is offering concrete proof of the country’s moves to launch a CBDC. China Serious About CBDC Issuance According to the Financial Times, China’s central bank has filed 84 patents relating to its plans to launch a digital currency electronic payments DCEP system.

2020-2-13 22:30
china bank digital patents launch filed currency

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European Central Bank's CBDC issuance may depend on two key options

Central Bank Digital Currencies or CBDCs are not taken lightly anymore by government institutions across the world. After China's vocal support for a state-controlled digital asset, agencies around thThe post European Central Bank's CBDC issuance may depend on two key options appeared first on AMBCrypto.

2020-2-12 16:30	Trading View
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Bitcoin, CBDCs are on opposite ends of the spectrum: Meltem Demirors

Discussions around central bank digital currencies [CBDCs] have intensified over the last couple of months, especially since China accelerated its plans to launch its own CBDC last year. In fact, talkThe post Bitcoin, CBDCs are on opposite ends of the spectrum: Meltem Demirors appeared first on AMBCrypto.

2020-2-11 10:00	Trading View
cbdcs demirors bitcoin meltem opposite spectrum ends

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China's CBDC 'will not necessarily be related to blockchain initially'

Earlier this month on Twitter, Ethereum co-founder Vitalik Buterin posed the question of whether transactions using CBDCs, such as the one recently proposed by China, would be cryptographically provabThe post China's CBDC 'will not necessarily be related to blockchain initially' appeared first on AMBCrypto.

2020-2-9 17:00	Trading View
china initially blockchain related cbdc necessarily proposed

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Facebook, China Light Flame Under Fed: Governor Cites Stablecoins Influencing Digital Dollar Research

At the recent Symposium for Future Payments held in Stanford, California on February 5, Federal Reserve Governor Lael Brainard stressed the importance of remaining “on the frontier of research and policy development regarding CBDC.

2020-2-9 12:10	USD
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Don’t Call China’s Digital Currency a Crypto Project

China’s central bank digital currency (CBDC) has been shrouded in mystery. Some have labeled the development as a tracking tool for an authoritarian government. Others have been more generous. Both...The post Don’t Call China’s Digital Currency a Crypto Project appeared first on Cryptocurrency News.

2020-2-4 17:14	China
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The Chinese CBDC Will Have Transactions Approved by the PBoC

A lot of people wonder about China’s CBDC. Little information has come to light so far, yet new details continue to trickle in over time. In the most recent update, some of the suspicions have been confirmed by official sources.

2020-1-31 01:00	PBoC
cbdc time chinese trickle continue new details

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China’s Digital Currency Finally Begins to Take Shape, More Details Released

Coinspeaker China’s Digital Currency Finally Begins to Take Shape, More Details ReleasedThe moment everyone has been waiting for has finally come. The anticipated digital Renminbi, China’s Central Bank digital currency (CBDC), is back on the news and this time with more details about its operation.

2020-1-31 22:53
digital china details finally currency begins take

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China Urged to Regulate Cryptocurrency Over Growing Libra Concerns

The powers that be in China seldom listen to advice from any outsiders. One former central banker, however, thinks that global cooperation is needed, especially in response to Facebook’s Libra. China has fast-tracked the development of its central bank digital currency (CBDC), primarily over fears that Facebook could dominate if it gets there first.

2020-1-28 17:10
china libra facebook central bank fast-tracked response

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Ex-Trump advisor: US should halt China's CBDC development to protect the dollar

The next battleground for the United States and China will be digital currencies. Looking ahead from a trade-war heavy 2019, the age of central bank digital currencies [CBDCs] will show the soft-poThe post Ex-Trump advisor: US should halt China's CBDC development to protect the dollar appeared first on AMBCrypto.

2020-1-26 18:00	Trading View
china digital dollar currencies ex-trump protect development

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China Issues Digital Currency Guide for Party Cadres

Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming changes in the country’s financial system.

2020-1-14 05:30
party china digital guide issued vocabulary political

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China’s PBoC Completes ‘Top-Level’ Design For Digital Yuan, Launch Date Still Unknown

The People Bank of China (PBoC) has just completed a top-layer design and the testing of its central bank digital currency (CBDC) that should be released very soon. As reported by Chinese news outlet Sina on January 10, the tests and top-layer design for the digital Yuan were accomplished and developed according to relevant standards. […]

2020-1-11 21:18	Blockchain Technology
design digital bank top-layer china pboc yuan

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China’s Central Bank Completes Top-Later Design and Joint Tests of Planned CBDC

People’s Bank of China has announced the realization of the top-layer design and joint testing of the planned digital yuan

2020-1-11 18:02	Asia
joint china planned bank design top-layer realization

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China Prepares for CBDC With Cryptography Law on Encryption Standards

China is continuing its blockchain-positive, anti-anonymity course with the new Cryptography Law — it requires private firms to reveal their encryption services and more

2020-1-11 06:00	CBDC
law encryption cryptography china firms requires private

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China Digital Currency ‘Progressing’, But Still No Launch Date

The People’s Bank of China recently published an update on the development of its national cryptocurrency, stating that it is ‘progressing smoothly. ’ Last week, China’s central bank held its annual work conference in Beijing, during which it touched upon numerous topics, one of which is its own CBDC.

2020-1-7 13:50	trading
china progressing bank own held annual central

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В Китае начал действовать первый закон о криптосфере

С 1 января 2020 года в Китае вступил в силу первый в истории государства закон о блокчейн-индустрии. Как отмечает местное новостное издание China Money Network, закон был принят в рамках подготовки к выходу китайской регулируемой цифровой валюты (CBDC).

2020-1-2 10:56	регулирование
закон китае первый принят рамках money подготовки

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Africa might be the first market China's CBDC expands to

Facebook was 'feeling excited' with 28 companies and others with the announcement of their crypto-project, Libra, a few months ago. But, this excitement was short-lived as most countries thought of itThe post Africa might be the first market China's CBDC expands to appeared first on AMBCrypto.

2020-1-1 02:30	Trading View
africa expands cbdc market china might excitement

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PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin

According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket for backing, Changchun affirmed.

2019-12-23 10:21	StableCoin
digital currency changchun bank bitcoin like china

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ECB's digital Euro gives 'dystopian' vibes despite prioritising privacy

With China kicking off the race to build a central bank digital currency [CBDC] western rivals are joining in the race. Earlier in the week, the European Central Bank [ECB] released a report on the toThe post ECB's digital Euro gives 'dystopian' vibes despite prioritising privacy appeared first on AMBCrypto.

2019-12-21 15:30	Trading View
digital ecb central race privacy bank vibes

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Bank of Canada Governor highlights risks associated with Bitcoin, Libra

Central Banks' rising interest in the field of digital assets has been evident in 2019. After China's development of a state-backed CBDC, many have speculated that other central banks will follow sThe post Bank of Canada Governor highlights risks associated with Bitcoin, Libra appeared first on AMBCrypto.

2019-12-16 16:46	Trading View
bank bitcoin central banks libra canada associated

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Sweden’s Central Bank, Riksbank, Partners with Accenture to Develop CBDC Dubbed ‘E-Krona’

The wave of Central Bank Digital Currency (CBDC) is gaining momentum after China’s progress and expected coin launch in 2020. Sweden is the latest country to announce a pilot test plan for the ‘e-krona’ digital currency; this will be its CBDC in the near future as more governments continue to embrace FinTech in digital payments. […]

2019-12-14 19:12
digital cbdc bank central currency sweden e-krona

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Sweden Joins China and Others in Central Bank Crypto Race

It seems that not a day goes by without another central bank jumping on the crypto train. Yesterday it was South Korea, today it is Sweden as plans to roll out the crypto krona gather pace. e-Krona Pilot Partnership Sweden’s central bank is poised to sign a deal with multinational professional services company Accenture to begin pilot testing its CBDC, the e-krona.

2019-12-14 10:51	sweden
bank central crypto sweden e-krona pilot roll

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Libra, China's CBDC may test separation of money and state

Venture capital firm Blockchain Capital recently published its State of Crypto 2019 report, with a section of the publication giving an in-depth look into CBDCs, Libra, and the state of cryptocurrencyThe post Libra, China's CBDC may test separation of money and state appeared first on AMBCrypto.

2019-12-13 14:30	Trading View
state libra money capital separation cbdc china

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Lithuanian Central Bank Publishes Crypto (CBDC) Research

This year has seen the beginnings of a global race to launch central bank crypto-assets (CBDCs). No country has managed it yet but China is emerging as the clear favorite. This has spurred the forward-thinking banks of the world into action, and Lithuania is the latest to join the cryptocurrency party.

2019-12-11 10:00
central bank clear banks forward-thinking emerging spurred

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China's PBoC announces test-launch of DC/EP model in Shenzhen, Suzhou

After announcing its support for a state-backed digital asset back in August, China's proposed CBDC is edging closer to becoming a reality and becoming a part of the country's financial ecosystem.

2019-12-9 13:00	Trading View
china becoming edging closer cbdc august proposed

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China's CBDC already holds advantage over PayPal, Libra

China is setting the wheels in motion to reduce the dominance of the US dollar. According to a recent report, it was revealed the Asian country was looking to amplify usage of its native fiat curreThe post China's CBDC already holds advantage over PayPal, Libra appeared first on AMBCrypto.

2019-12-7 00:30	Trading View
china libra paypal cbdc holds advantage country

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China’s CBDC Showcases Interoperability As Centralization’s Weakness

How centralized chokepoints and blacklists will affect interoperability of the Chinese CBDC with the decentralized world

2019-12-5 22:06	Ethereum Classic
interoperability cbdc affect world decentralized blacklists chinese

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China's crypto-yuan will be used to monitor every user: John McAfee

On the latest edition of the MoneroTalk podcast, host Douglas Tuman spoke to John Mcafee about his opinions on anonymity in cryptocurrencies, China’s proposed CBDC, and Bitcoin being labeled digitalThe post China's crypto-yuan will be used to monitor every user: John McAfee appeared first on AMBCrypto.

2019-12-1 00:30	Trading View
john mcafee china user every crypto-yuan monitor

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US Fed Weighs Up Potential CBDC as Countermove Against China

Fed Chairman Jay Powell puts the agency’s economic theories on display in a recent letter to U.S. representatives asking: “What about a USD stablecoin?”

2019-11-29 20:05	StableCoin
fed recent letter theories display representatives usd

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China will implement retail system-based CBDC: Former PBoC Governor

China has been working on its centrally-backed digital currency for quite a while now, while also maintaining its distance from other cryptocurrencies. The country is in the news again after on 26 NovThe post China will implement retail system-based CBDC: Former PBoC Governor appeared first on AMBCrypto.

2019-11-26 16:10	Trading View
china governor pboc retail implement former system-based

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Chinese Regulators Reportedly Shut 173 Cryptocurrency Exchanges in the Country; Paves way for CBDC

Twitter handle @cnLedger on November 25, 2019, quoted the People’s Bank of China’s (PBoC) newly released China Financial Stability Report 2019, where the apex bank stated that the Chinese regulators had clamped down on 173 cryptocurrency trading and token issuing platforms in the country.

2019-11-25 18:05	Virtual Currency
china cryptocurrency bank chinese country 2019 173

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Despite ‘Fraudulent’ Launch Reports, China’s Central Bank Is Still Researching CBDC’s

Despite having a longtime ban against cryptocurrency, the People’s Bank of China recently decided to research the use of digital currency for themselves. While there have been multiple news reports stating that the central bank has already issued digital currency, the PBoC has stated that the claims are “fraudulent.” Instead, the official statement from the […]

2019-11-14 23:14	Blockchain Technology
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China’s Central Bank Digital Currency (CBDC) Will Launch In Next 60-90 Days Per HCM Capital Exec

Jack Lee, the founding partner of HCM Capital, has recently affirmed that the central bank digital currency (CBDC) of China is being created and is expected to be launched in the next few months. According to a recent interview with CNBC, Lee said that the central bank of China will use the new digital currency […]

2019-11-12 03:00	Blockchain Technology
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American Banker: Does the US Need an Ally Like Libra to Take on China’s Digital Currency Growth

Facebook's universal digital currency project Libra might be at the receiving end of regulators and governments around the globe, but looking at China's accurate adoption of blockchain technology and the slated launch of its central bank-issued digital currency (CBDC) by the end of this year, the US might need an ally like Libra to help […]

2019-11-11 22:17	Facebook
libra digital currency need might china like

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China nears end of its multi-year CBDC pilot, ex-PBoC governor says

China is on track with its central bank digital currency trial as final stages are ‘not very far away,’ says ex-PBoC governor. China is approaching the end of its multi-year digital yuan pilot as the “final stage is not very…

China has completed testing for its privacy-first CBDC blockchain ‘mBridge’

Chinese official reveals details of its blockchain system for Currency Bridge, enabling atomic and cross-border payments with simultaneous forex settlement.

Deribit and OKX attract significant traffic from China despite a blanket ban: Report

Recent geographical traffic data highlights that Chinese traders continue to access centralized exchanges despite a regulatory risk.

China’s central bank releases pilot version of digital yuan wallet

The “e-CNY (Pilot Version)” app was made available for download in the Chinese Android and Apple app stores on Tuesday.

McDonald's China to give away 188 NFTs on 31st anniversary

The "Big Mac Rubik's Cube" NFTs will be distributed to Chinese employees and customers by McDonald's China as a part of a giveaway.

Crypto has recovered from China's FUD over a dozen times in the last 12 years

Since 2009, China and Hong Kong have "banned" or otherwise caused FUD in the crypto space on 19 separate occasions and counting.

People’s Bank of China in Shenzhen ‘cleans up’ illegal crypto firms

The Shenzhen branch of the People’s Bank of China has launched a special “rectification” program against illegal crypto-related activities, beginning with a crackdown on 11 emerging companies.

2020-3-24 22:00

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