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China Could Test Digital Yuan With Foreigners at 2022 Winter Olympics

A top executive of the People’s Bank of China (PBOC) revealed that it was planning to test its proposed digital yuan with foreigners at the upcoming 2022 Winter Olympics in Beijing.  International Trial for Digital Yuan According to CNBC on Sunday (April 18, 2021), Li Bo, deputy governor of the PBOC said that international visitorsRead More дальше »

2021-4-20 06:01


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China’s CBDC Could Be the Death Knell for Macau’s High Stakes Gambling Scene

Macau’s gambling industry already affected by the coronavirus could be in for another significant external stress in the form of China’s central bank digital currency (CBDC). The emergence of traceable digital yuan enforced by Beijing on the enclave may likely send shockwaves through the sector, forcing several high-rollers to take their money elsewhere. дальше »

2020-12-3 00:00


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China to Start Testing its Digital Yuan in Beijing and Other Major Cities

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, […] дальше »

2020-8-15 01:23


Former PBoC Vice-Chair Says the Backend Infrastructure for China’s Digital Yuan is Complete

China's much anticipated Digital Yuan backend development is complete, according to Wang Zhongmin, the former Vice-Chair of the PBoC National Council for Social Security Fund. Wang made this announcement during the virtual 2020 FinTech Forum that was held by Beijing's Fintech 50 Forum in collaboration with Tencent FinTech Research Institute. The initiative, which began around […] дальше »

2020-6-23 21:47


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China: Central Bank Inching Closer to CBDC Issuance

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. дальше »

2020-3-24 22:00


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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »

2019-5-29 18:53


OkCoin Exchange Launches Operation in Argentina in Conquest of Latin America

OkCoin, a leading digital asset platform for fiat and token trading headquartered in Beijing, has expanded its operation to Argentina and is about to do the same in other Latin America countries. Instiutional and retail customers are now able to exchange the Argentine peso for any cryptocurrency included in its offering. дальше »

2018-11-16 03:00


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The Daily: Binance Expands, Putin Advisor Visits Huobi, Brazilian Brokerage Goes Crypto

Cryptocurrency exchange Binance is making good on its promises to expand globally – focusing on emerging markets and fiat-to-crypto trading services. Also in The Daily, Huobi founder and CEO Leon Li meets a Putin adviser in Beijing, a leading Brazilian brokerage firm shares plans to launch a crypto exchange, and digital assets management firm Altonomy caters […] The post The Daily: Binance Expands, Putin Advisor Visits Huobi, Brazilian Brokerage Goes Crypto appeared first on Bitcoin News. дальше »

2018-9-23 15:30