China's e-CNY efforts on war footing, but here are the issues that need solving

2021-12-6 20:30

China has taken several steps to successfully implement its digital Yuan, despite some setbacks in the past. Now, the Beijing Winter Olympics is set to take center stage in February. According to Fan The post China's e-CNY efforts on war footing, but here are the issues that need solving appeared first on AMBCrypto.

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china need solving issues efforts e-cny war

Источник: ambcrypto.com

china need → Результатов: 87


US Senator puts pressure on SEC chair Gensler, says China’s crypto crackdown is a ‘big opportunity’ for America

Senator Pat Toomey of Pennsylvania said that China’s authoritarian crackdown on crypto should be taken as an advantage by the US.  To seize the opportunity, the US regulators need to change their “regulation-by-enforcement” ways, according to the Banking Committee Ranking Member, Toomey, who recently pressured the Securities and Exchange Commission (SEC) Chairman Gary Gensler to […] The post US Senator puts pressure on SEC chair Gensler, says China’s crypto crackdown is a ‘big opportunity’ for America appeared first on CryptoSlate.

2021-9-27 19:00


China Sets the Stage for Central Bank Digital Currencies, Proposing Global Rules for Nations

China recently proposed a set of global guidelines on central bank digital currencies (CBDC) earlier this Thursday, discussing potential uses and implications of a sovereign digital currency. With the coronavirus pandemic exposing inefficiencies in traditional payment systems, there has been a growing need to digitize legacy financial infrastructure.

2021-3-26 11:28


Фото:

Japanese Lawmakers to Propose Digital Yen in Response to China’s Digital Yuan 

A group of Japanese lawmakers from the country’s ruling Liberal Democratic Party is planning on a proposal for Japan to issue a national digital currency, otherwise known as the digital yen. The need to develop a digital yen would seek to counter China’s digital yuan; meanwhile, more central banks across the globe are either studyingRead MoreRead More.

2020-1-26 02:00


China’s Central Bank Digital Currency is “Digital Form of the Yuan” & “Not for Speculation”

China’s new sovereign digital currency would not be open to speculation like other cryptocurrencies, said a Chinese central bank official on Saturday. Mu Changchun, head of the People’s Bank of China’s digital currency research institute said it would be a “digital form of the yuan” that wouldn’t need the backing of a basket of fiat […]

2019-12-23 19:11


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


Фото:

China is following Facebook’s playbook to issue a centralized digital currency

China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports.

2019-9-6 15:44


Фото:

China and India Are not Comfortable with Libra, Need More Information and Clarity

China and India combined comprise nearly 35 percent of the world population. Bloomberg reported that the People’s Bank of China (PBOC) wants Facebook to reveal more information about Libra while Economic Times noted that the Indian Secretary of Economic Affairs believes the country is not comfortable with private currencies, July 9, 2019.

2019-7-10 11:00


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