2021-8-27 08:04 |
China’s central bank has made it crystal clear that it’s not going to soften its stance on cryptocurrencies
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China Central TV and several big Chinese media outlets have called cryptocurrency the best-performing asset this year that shot up higher than gold and US stocks
2020-9-25 10:56 | |
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China has been aggressively developing its central bank-issued digital currency (CBDC), popularly known as digital yuan. As per the latest reports, the People's Bank of China is currently running a pilot project to test the use cases of its digital yuan for card payments, fees, credit card payments, and more.
2020-9-24 05:17 | |
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Bitcoin over-the-counter (OTC) traders could be facing up to a five-year ban on their banking accounts in China, local reports state. The central bank, People’s Bank of China (PBoC), is heavily cracking down on money laundering activities and is blacklisting several OTC trading desks dealing in cryptocurrencies.
2020-9-24 22:55 | |
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Cryptocurrency over-the-counter (OTC) merchants in China have an existential challenge ahead. The central bank of China, the People’s Bank of China, is blacklisting the accounts of OTC traders in the region in its recent crackdown efforts.
2020-9-25 20:46 | |
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Chinese central bank has begun trialing operations with credit cards that include DCEP payments for transportation card charge, retail, catering and other payment areas
2020-9-22 15:03 | |
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China should aim at becoming the first country to issue digital currency as part of its efforts to internationalize the yuan and lessen its over-dependence on the world’s dollar-dominated payment system, the People’s Bank of China (Chinese central bank) said.
2020-9-22 19:38 | |
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If recent events are any indicator, the race for central bank digital currencies (CBDC) appears to be heating up. In August, trials of China’s digital currency electronic payment pilot were announced in 27 cities across the country.
2020-9-21 17:37 | |
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China's central bank aims to challenge the global financial status quo.
2020-9-21 11:58 | |
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The digital renminbi is legally compensatory to China’s fiat currency.
2020-9-15 12:32 | |
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China Construction Bank’s brief digital yuan debut suggests that hardware wallets for the central bank digital currency may be in the works.
2020-9-2 20:31 | |
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China Construction Bank, one of the central state-owned banks in China, recently realized that the official wallet for the national CBDC is open for public use within its official banking app. The users could navigate to the wallet by merely entering the national digital currency, which would take the users to the wallet feature where […] The post China Construction Bank Disables Chinese DCEP Wallet After Users Notice Feature in Bank App first appeared on BitcoinExchangeGuide.
2020-8-31 18:36 | |
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Undoubtedly, China is among the leading countries in terms of technology. Lately, China has been in the news for its digital currency. After the cryptocurrency ban, China is keen on developing its currency to join the race of central bank digital currencies (CBDCs).
2020-8-31 03:10 | |
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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.
2020-8-30 23:30 | |
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China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, continues to evaluate and rank […] The post Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center appeared first on Bitcoin News.
2020-8-29 19:30 | |
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Just when you thought China was advancing unopposed in the national digital currency race, the Fed finally steps up. The Federal Reserve Bank of Boston, in conjunction with the Massachusetts Institute of Technology, is developing a digital currency geared towards “central bank use.
2020-8-26 15:41 | |
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China’s central bank has stated that the trial of its developing central bank digital currency (CBDC) is currently limited to retail transactions, as against claims stating that the digital yuan was used for large transactions.
2020-8-24 23:07 | |
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The experimental test of China’s sovereign digital currency is currently focused on small retail transactions and hasn’t expanded to large volume transactions yet, said the country’s central bank as reported by local media.
2020-8-24 19:28 | |
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China’s central bank has denied rumors of its planned digital currency electronic payment (DCEP) system being used for large value transactions. The People’s Bank of China (PBoC), is currently coordinating central bank digital currency (CBDC) trials across several cities in the country.
2020-8-25 19:22 | |
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China appears to be in the final phases of testing its CBDC, digital yuan. The country recently expanded the tests to new cities, and its central bank revealed that the coin is only used for small retail transactions at this time.
2020-8-25 14:43 | |
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Like, hate, or fear them, central bank digital currencies (CBDCs) are on their way. There will be no stopping them. From Sweden to Thailand and China to Canada, governments the world over are experimenting with CBDCs.
2020-8-22 12:00 | |
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China’s Ministry of Commerce has announced the pilot run of the country’s central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested during the 2022 Winter Olympics games in Beijing, the ministry said.
2020-8-17 19:30 | |
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China’s digital currency program is set to expand to its capital Beijing and other major cities including Tianjin, Hebei, Guangdong, Yangtze River Delta as well as Hong Kong- Macau Greater Bay Area. According to an official announcement made by China’s commerce ministry, the digital RMB pilot programs will be led by the Chinese Central Bank, […]
2020-8-15 01:23 | |
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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 | |
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China’s accelerated central bank digital currency (CBDC) plans are set to reach another milestone with tests scheduled for Beijing and 27 cities in the country. These new digital currency electronic payment (DCEP) trials will join other public pilots already ongoing in cities like Shenzhen and Suzhou.
2020-8-15 17:34 | |
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China’s state-run commercial banks are conducting large-scale internal testing of a digital wallet application in preparation for rolling out a central bank digital currency (CBDC). Employees at state-run banks in cities including Shenzhen have started internally testing an app that will be used for transferring money and making payments, a Reuters report stated.
2020-8-7 14:25 | |
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China’s central bank digital currency could be inching closer to its official launch, as some top state-run commercial banks in the country are reportedly trialing a digital wallet for the national digital currency.
2020-8-7 23:07 | |
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With China’s central bank digital currency (CBDC) project still in progress, there are speculations that the digital yuan could be used to water down the dominance enjoyed by major players like Alibaba and Tencent.
2020-8-5 23:00 | |
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China is dedicated to becoming the first country to roll out a central bank digital currency (CBDC). Its Digital Currency Electronic Payment (DCEP) system aims to replace all physical currency in the country, including coinage.
2020-8-5 19:05 | |
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China’s central bank may be planning to use its digital currency to curb the dominance of Alibaba and Tencent in the digital payments sector.
2020-8-4 13:13 | |
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A former Bank of China executive has shown his support for digital currencies, positioning it as a substitute for cash, widely known in economic circles as M0. Ex-vice president of China’s central bank, Wang Yongli, said that digital currencies should substitute all currencies “as much as possible”.
2020-8-3 17:26 | |
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Former Bank of China vice president says digital currencies can be a substitute for cash on circulation.
2020-8-2 23:00 | |
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News has surfaced that the Japanese Central Bank will now focus their efforts on the development of the digital Yen. This is a there is growing concern that China might beat them by issuing the CBDC first.
2020-7-29 19:39 | |
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Suzhou City, one of major cities that successfully piloted China’s central bank digital currency, signed a MoU with the Cypherium blockchain platform.
2020-7-30 19:29 | |
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The central bank of the Philippines is taking steps to study the issuing of its own digital currency, following other large countries, including Japan and China
2020-7-29 15:15 | |
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The comments mark a shift in priority for Japan as it seeks to counter the economic threat from regional rival China.
2020-7-29 14:32 | |
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China’s central bank adds a new city to its fintech innovation supervision pilot.
2020-7-21 23:30 | |
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France is once again front-running the EU in digital currency matters as the Bank of France gets ready to run central bank digital currency (CBDC) experiments. With China’s accelerated CBDC development, stakeholders in other major economies are calling for their respective central banks to begin developing sovereign CBDCs asap.
2020-7-21 23:14 | |
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Chinese food delivery and e-commerce giant Meituan Dianping is the latest establishment to trial China’s digital currency electronic payment (DCEP) project; the country’s planned central bank digital currency (CBDC).
2020-7-15 19:00 | |
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The G20, an international forum formed by the governments and central banks of 19 nations and the European Union in September 1999, has revealed plans to integrate digital currencies into its operations.
2020-7-14 23:07 | |
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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 in a “strategic partnership.
2020-7-9 16:20 | |
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China’s inbound central bank digital currency will see its very first real-world test on DiDi, the ride-hailing behemoth that deemed as the Chinese version of Uber. DiDi will trial digital yuan as a payment system on its mobile transportation platform.
2020-7-9 23:16 | |
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Didi, the Chinese equivalent of Uber, is forming a task force to design and implement trial of China's central bank digital currency on its on-demand transportation platform.
2020-7-8 09:58 | |
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China is on track to launch its own Central Bank Digital Currency (CBDC) in the future. Intended as a tool for international trade, some tout CBDC as the future of money. Others say China may lead in this field because the United States is still studying it, as opposed to the Asian giant which has […]
2020-7-8 16:15 | |
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The cryptocurrency market has been looking on cautiously as it awaits the launch of a central bank digital currency [CBDC], unsure of what its impact may be on a country. Over the past few months, manThe post Japan's CBDC 'experiment' has an eye on China's progress appeared first on AMBCrypto.
2020-7-3 17:00 | |
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Talk of a US central bank digital currency (CBDC) dominated proceedings, as the US Senate Committee on Banking, Housing, and Urban Affairs conducted a virtual meeting yesterday. The near two-hour-long hearing titled “The Digitization of Money and Payments” discussed competing with China’s CBDC offering, financial inclusion, and modernizing the current US economic model. Taking the […]
2020-7-1 15:13 | |
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After three years of development, the Cambodian national digital currency may be out later this month, according to a recently released whitepaper. The permissioned blockchain-based payments system differs from the central bank digital currencies, also known as CBDCs, being offered by several states, including China and Russia, the paper states.
2020-6-22 21:04 | |
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On the back of China, France, and East Asian countries mulling their digital currency projects, Italy announced last week the creation of a Digital Euro, CoinDesk reported June 22. Ensure Public Trust Last week, the Italian Banking Association (ABI) said the country’s private and central banks were willing to pilot a digital euro project, withRead MoreRead More.
2020-6-22 14:07 | |
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Singapore’s central bank is looking to join forces with China in exploring central bank digital currencies.
2020-6-20 20:35 | |
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Many countries around the world have been making significant progress in terms of their developmental efforts for their own central bank digital currency [CBDC]. China is to unveil its Digital CurrencThe post Bank of Korea announces legal advisory panel for CBDC appeared first on AMBCrypto.
2020-6-16 20:00 | |
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