2024-6-14 20:17 |
The Chinese CBDC’s “controllable anonymity” seems to be very highly controlled.
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Yao Qian, a prominent ‘pro-blockchain official’ in China, is under investigation by Chinese authorities for undisclosed “violations of law.” The Background Of Blockchain Advocacy And The Current Crackdown Qian, known for his pivotal role in developing China’s Central Bank Digital Currency (CBDC), has been a leading voice in the country’s blockchain initiative. Qian’s efforts were […]
2024-4-27 22:00 | |
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China investigating Yao Qian, the former head of the Digital Yuan project. Local media reports say Yao is under probe for “violations of discipline and law. ” Yao Qian, a leading Chinese blockchain expert who previously spearheaded China’s Digital Yuan program, is reportedly under government investigation.
2024-4-26 14:03 | |
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Yao Qian, the first director of CBDC development at China’s central bank, is reportedly under investigation for suspected law violations.
2024-4-27 13:01 | |
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The Fuzhou University of International Studies and Trade paid 51 million yuan in the first land transfer fee paid in the digital yuan CBDC. The post First Digital Yuan Land Transfer Executed in Chinese Province of Fujian appeared first on BeInCrypto.
2022-10-10 12:30 | |
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Australian liberal senator Andrew Bragg released a draft bill to provide regulation of stablecoins, digital asset exchanges, and disclosure requirements for the Chinese CBDC, e-Yuan, on September 19.
2022-9-19 18:00 | |
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Scan and pay with e-CNY is now available in multiple Chinese cities for citizens looking to ride their local buses and subways.
2022-8-24 21:22 | |
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The former Commodity Futures Trading Commission chief joined CoinDesk TV’s “First Mover” to discuss why the bankruptcy of lender Celsius Network could set legal precedent in future crypto hearings and why the likelihood of CBDC adoption worldwide could be based on Chinese technology.
2022-7-19 22:34 | |
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Shenzhen residents are all set to receive digital Yuan worth $2. 29 million as part of the Central Bank Digital Currency (CBDC) testing. The Chinese government will be giving these 15 million Yuan in CBDC to 130,000 residents.
2022-4-30 04:00 | |
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The Say No To the Silk Road Act stems from not only the well-known privacy concerns around the Chinese CBDC, but also from worries it could be a tool to evade sanctions.
2022-3-11 00:39 | |
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The cumulative transactions in e-CNY have reached 87.57 billion yuan ($13.68 billion) until now.
2022-1-28 11:50 | |
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JD. com, an e-commerce giant, has started accepting China’s CBDC as payment on its platform during Singles’ Day, an unofficial Chinese holiday and shopping season. Although the digital renminbi (e-CNY) has not yet launched nationwide, JD.
2021-11-12 14:46 | |
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The Chinese government may want to reconsider the security of its central bank digital currency [CBDC] in the backdrop of Xinmi police's crackdown on the first-ever case of money laundering using the The post China sees 10% rise in e-CNY wallets, first case of money laundering using digital yuan appeared first on AMBCrypto.
2021-11-4 20:00 | |
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The Chinese Central Bank Digital Currency (CBDC) is progressively spreading out to more users. This can be seen as 35 banks in China include the digital Yuan in their mobile apps. According to a local report, the digital RMB App reveals a recent addition of more banks to the interface.
2021-8-22 11:28 | |
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China continues to scale up efforts to test its upcoming digital yuan, as six state-owned commercial banks have added the responsibility of promoting the Chinese central bank digital currency (CBDC) wallet on employee assessment.
2021-7-8 23:00 | |
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The Industrial and Commercial Bank of China (ICBC), has now made it possible for Chinese residents to easily exchange their DCEP, the nation’s digital renminbi for fiat yuan and vice versa, at thousands of automated teller machine (ATM) locations in the country, according to a report on June 18, 2021.
2021-6-19 00:00 | |
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As part of efforts to conduct more test on its upcoming central bank digital currency (CBDC) and expand the scope of the digital yuan, China completed it first salary payment with the CBDC powered by blockchain technology, in the Chinese state-level new area, Xiong’an.
2021-6-15 23:00 | |
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Financial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the upcoming tests, the city will link the Chinese digital yuan to its domestic payments system to evaluate the CBDC’s usability in cross-border scenarios.
2021-6-9 16:30 | |
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China continues trialling digital yuan and now plans to dish out wallets with e-RMB to those who win them in a state-backed lottery
2021-6-2 11:45 | |
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Yao Qian, a member of The China Securities Regulatory Commission, presented a case where a possible Digital U. S. dollar and the Digital Yuan run on top of Ethereum’s network. The government official spoke on The International Financial Forum (IFF) 2021 in Beijing on May 30th.
2021-6-1 21:22 | |
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Ant Group, an affiliate of leading Chinese multinational technology company Alibaba, is planning to let the users of online-only bank MYbank test China’s central bank-issued digital currency. A report unveiled this news on May 10, noting that this trial will let some of the bank’s customers link their accounts to China’s digital yuan application.
2021-5-11 00:35 | |
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CBDC tests are proceeding toward deployment, as Chinese internet, fintech and e-commerce giants are leading the digital yuan vanguard.
2021-5-2 12:07 | |
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Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China.
2021-4-26 07:22 | |
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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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Asia’s largest economies are pushing forward with their respective CBDC trials, with six Chinese banks offering digital wallets and Japan establishing a new committee.
2021-3-27 07:33 | |
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The Chinese government is hoping to maximize the privacy settings on the upcoming digital yuan, the state’s native Central Bank Digital Currency (CBDC), a report on local publication SCMP said Monday.
2021-3-24 11:00 | |
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As China keeps paving the way to adopt its central bank digital currency (CBDC), scammers are also actively emerging on the scene. The police in a Chinese province are now warning about a “sophisticated” CBDC-themed scam.
2021-2-28 04:00 | |
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The Postal Savings Bank of China (PSBC), a Chinese commercial bank, has created another hardware wallet for digital yuan payment, as part of China’s efforts to carry out large-scale trials for its proposed central bank digital currency (CBDC) project.
2021-2-19 16:00 | |
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Chinese city Suzhou is set to airdrop 30 million yuan ($5 million) to citizens in the latest round of digital yuan tests. This was revealed by the regional government yesterday in a press release informing citizens of the distribution.
2021-2-6 17:00 | |
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The Chinese city of Shenzhen is preparing for its third test for China’s central bank digital currency (CBDC) project known as digital currency electronic payment (DC/EP), as it plans to distribute $3 million in digital yuan in a red packet event.
2021-1-22 16:00 | |
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According to a statement by Guo Weimin, Bank of China’s chief scientist, the economic turmoil caused by the pandemic is one of the reasons why Chinese corporations should urgently shift to the use of digital currencies, stating: “There will be a lot of challenges from the pandemic that will make good cases for the useRead More
2021-1-22 17:00 | |
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Chinese backed blockchain project BSN has revealed plans to pilot the adoption of a global CBDC system in 2021. Central Bank Digital Currencies (CBDC) was the major talk in 2020 and it appears that the push will be greater this year.
2021-1-16 23:00 | |
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The Agricultural Bank of China, one of the biggest banks in the country, has recently kicked off the testing of ATMs that would allow customers to convert their cash into digital yuans, according to a report by SZNews on Jan 10.
2021-1-11 21:00 | |
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The central bank digital currency, or CBDC, is a permissioned, state-run cryptocurrency that allows China to track the spending habits of its yuan users. It can also adjust inflation rates and even block citizens from accessing their accounts.
2021-1-5 21:51 | |
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Popular Chinese city Shenzhen’s government had announced on New Year’s Eve that their plan to distribute $3 million worth of digital yuan to local residents, in China’s third Central Bank Digital Currency (CBDC) tests.
2021-1-6 20:00 | |
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According to The Block, three large Internet companies from the Celestial Empire will join the digital Renminbi (CBDC) testing being developed by the National Bank of the country. The list of companies includes the DiDi passenger transportation service, which has already taken part in the first wave of testing. In addition to the taxi aggregator, […]
2020-12-12 20:53 | |
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The Director of National Intelligence wants to have the SEC’s leader briefed on the dangers of the U.S. falling behind in crypto.
2020-11-26 17:45 | |
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On Monday, local Chinese media The Paper reported that the district of Suzhou in Xiangcheng would launch a lottery to give away the country’s central bank digital currency (CBDC) in a bid to test the real-use cases of the digital currency.
2020-11-23 20:50 | |
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China President Xi Jinping bats for an international regulatory framework for digital currency. China Should take a Proactive Approach In an official statement released on October 31 titled ‘Issues on National Medium and Long-Term Social and Economic Strategies,’ Chinese President called for the Asian powerhouse to actively partake in creating a global regulatory framework forRead MoreRead More.
2020-11-1 14:00 | |
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According to reports, the Chinese technology giant, Huawei has launched a smartphone that has a built-in hardware wallet for China’s Central Bank Digital Currency (CBDC). In a recent press conferThe post Huawei's new smartphone has a built in hardware wallet that supports China's CBDC appeared first on AMBCrypto.
2020-10-30 16:09 | |
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China is on the verge of completing trials and pilot programs for its national digital currency for the Yuan, which they are calling DCEP. The CBDC, which has been under development for over half a decade, is currently being put to the test through various government subsidies and as a form of payment in selected […] The post .
2020-10-22 21:56 | |
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Chinese authorities in Shenzhen are giving away $1.5 mln in DCEP vouchers to continue trials with retail users
2020-10-9 11:02 | |
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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 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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Scammers promise high yields for people who allocate their money in a fake CBDC-related investment scheme.
2020-7-21 22:30 | |
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As the development of the digital yuan project progresses, the number of China’s largest companies testing the national cryptocurrency is rapidly growing.
2020-7-19 09:54 | |
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The People’s Bank of China is now planning to test its state-backed digital currency on the Tencent Holdings backed food delivery giant Meituan Dianping, just days after the reports came that DiDi Cuxing, the Chinese equivalent to Uber will be piloting the DC/EP.
2020-7-15 21:31 | |
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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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