What Are China’s Goals Behind Its Digital Yuan?

2020-2-4 18:05

The story of the digital yuan is more complex than we knew and Professor Michael Sung explains why.

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China enters 2022 with a first-mover advantage on the CBDC front, releases pilot versions of digital yuan wallet apps for Android, iOS

The People’s Bank of China (POBC) recently released pilot versions of digital yuan wallets for both Android and iOS smartphones, Reuters reported.  Meanwhile, researchers from Cornell University and the University in Chicago outlined what all the rush is about, and how will the arrival of digital yuan, also known as e-CNY or DCEP, affect the […] The post China enters 2022 with a first-mover advantage on the CBDC front, releases pilot versions of digital yuan wallet apps for Android, iOS appeared first on CryptoSlate.

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