China’s CBDC is about domestic dominance, not beating the dollar

2021-2-27 17:37

The notion of China racing to launch a CBDC that will end U.S. monetary supremacy doesn't hold up if you look at the facts on the ground.

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china cbdc hold supremacy monetary doesn ground

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Источник: cointelegraph.com

china cbdc → Результатов: 126

Standard Chartered joins China’s CBDC pilot testing

The British bank will provide e-CNY CBDC services to clients and explore its future use in China’s financial system.

2023-11-28 18:13	CBDC
china cbdc clients services e-cny provide financial

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Is China e-CNY CBDC effectively competing with WeChat Pay and AliPay

China has become the frontrunner when it comes to the global CBDC race. China's e-CNY is expected to witness a full-fledged launch by February 2022. However, so far, it has already conducted several lThe post Is China e-CNY CBDC effectively competing with WeChat Pay and AliPay appeared first on AMBCrypto.

2021-12-4 05:30	News
china cbdc e-cny alipay pay effectively competing

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China braces itself for CBDC rollout, companies to implement e-CNY payment pilots

Winter is coming and so are the Beijing Winter Olympics, in just four months. Yet, in spite of the falling temperatures, China is only heating up when it comes to rolling out its CBDC. Now, more buThe post China braces itself for CBDC rollout, companies to implement e-CNY payment pilots appeared first on AMBCrypto.

2021-10-20 17:00	News
china cbdc payment winter e-cny pilots braces

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China should accelerate its efforts to launch CBDC, PBoC urges

The deputy governor of the People’s Bank of China (PBOC), Chen Yulu, called for speeding up the process of launching China’s digital currency, the e-yuan, and to make CBDC part of an “independenThe post China should accelerate its efforts to launch CBDC, PBoC urges appeared first on AMBCrypto.

2020-10-12 17:30	Trading View
china cbdc pboc launch should accelerate urges

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China CBDC Trials: Over $160M in Total Payments From 3M Transactions

China’s ongoing central bank digital currency (CBDC) trials have crossed the 1 billion yuan (~$160 million) milestone. With China pulling ahead in the CBDC race, other nations are reportedly considering floating their own sovereign digital currencies.

2020-10-7 22:30
china cbdc digital trials ahead race pulling

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PBOC commentary: China must be the first to issue CBDC

The People’s Bank of China (PBOC) recently published a commentary in which it noted that China must be the first nation to launch the CBDC. The goal has not changed — China aims to offer its digital yuan and internationalize its own currency.

2020-9-22 13:12	Cryptocurrency
china cbdc pboc must commentary offer aims

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Can China’s Digital Yuan Oust Tether in Asia?

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
china cbdc future digital others money field

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China’s CBDC Adoption Plan Puts Domestic Monetary Control at Forefront

China’s planned CBDC rollout is expected to see the digital yuan dovetailing with the country’s electronic payment systems.

2020-6-23 14:00	blockchain
china cbdc see rollout digital expected yuan

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China’s State-Backed Cryptocurrency: ‘Gaining Momentum’ Or ‘Inaccurate Speculation’?

China’s Government and Central Bank just can’t seem to align on the proposed central bank digital currency (CBDC). On Tuesday, government-supported tabloid, Global Times, reported that the Central Bank called speculation on an upcoming launch ‘inaccurate speculation’.

2019-8-29 14:00	Cryptocurrency
speculation china central bank inaccurate gaining momentum

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Detailed Analysis of China’s Central Bank Digital Currency

Earlier this month, China publicly confirmed that they have been working on a central bank digital currency (CBDC) and will look to roll out it sometime this year. Binance Research published a detailed review of the structure and issuance mechanism for the network and the underlying currency, August 28, 2019.

2019-8-29 13:00
currency digital china cryptocurrency detailed bank central

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China’s CBDC initiative fills private cryptocurrencies’ missing elements

The latest Binance Research, while showcasing China’s CBDC initiative, highlighted its possibility of being a renminbi (RMB) replacement. Creating a buzz in the context, the report read, “The People’s Bank of China plans to replace China’s M0 money supply with its CBDC.

2019-8-29 21:00	Trading View
china cbdc initiative fills elements cryptocurrencies private

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People’s Bank of China could use CBDC to replace paper money

China’s aggressive push towards cryptocurrency has forced global economies to ensure a common-ground for crypto-innovations within their jurisdictions. Taking a closer into the Chinese government’s crypto initiative, Binance Research released a report that details on the People’s Bank of China’s (PBoC) proposed digital legal tender.

2019-8-29 20:30
china bank people money report paper use

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China Planning to Launch its Government-Backed Digital Currency Before Facebook’s Libra

The central bank digital currency (CBDC) of China may come out sooner than expected as the “time is almost ripe,” reported China Daily on Tuesday. Last week, we reported Mu Changchun, deputy director of the People's Bank of China’s payments department saying that the government-backed digital currency is ready to be launched after five years […]

2019-8-20 19:12	Industry
china digital currency reported bank government-backed deputy

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Central Banks Worldwide Testing Their Own Digital Currencies

Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden.

2019-8-15 09:53	Virtual Currency
digital central worldwide banks testing own currency

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ЦБ Китая: «Цифровая валюта Народного банка Китая готова к запуску»

По словам высокопоставленного чиновника Народного банка Китая, у государства уже скоро появится собственная цифровая валюта, работа над которой велась на протяжении пяти лет. Заместитель директора подразделения платежных и расчетных решений ЦБ Китая Му Чанчунь (Mu Changchun) на заседании China Finance 40 Group сообщил, что работа над прототипом цифровой валюты Центрального банка (CBDC) завершена. Чанчунь добавил, […]

2019-8-13 09:37
китая банка чанчунь работа цифровая над валюта

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China’s Central Bank “Ready” to Launch National Digital Currency

An official at China’s central bank recently revealed the central bank’s readiness to launch the country’s central bank digital currency (CBDC) according to a report by Shanghai Securities News on August 10, 2019.

2019-8-12 18:44	Regulation
central bank digital currency launch china cbdc

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China Ready to Roll out State-Backed Digital Currency

According to an announcement from an official for the People’s Bank of China (PBOC), the country is nearly ready to unveil its new central bank digital currency (CBDC). Centralized Crypto-Currencies There’s been much talk recently in the Bitcoin space about digital payment technology getting picked up by centralized powers.

2019-8-12 21:42	Cryptocurrency
digital china ready currency centralized bank roll

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PBOC’s Digital Currency Nearly Ready After 5 Years of Development

Coinspeaker PBOC’s Digital Currency Nearly Ready After 5 Years of DevelopmentA senior official of China's central bank announced at the China Finance 40 Group meeting that the country will soon roll out its central bank digital currency (CBDC).

2019-8-12 16:54
currency digital pboc years nearly ready bank

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Центробанк Китая создал прототип национальной цифровой валюты

На заседании форуме China Finance 40 заместитель директора подразделения платежей и расчетов Народного банка Китая (PBoC) Му Чанчунь рассказал, что группа по исследованию криптовалюты PBoC завершила разработку блокчейн-архитектуры цифровой валюты центрального банка (CBDC).

2019-8-12 16:02
pboc цифровой валюты китая cbdc центробанк прототип

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Китайская цифровая валюта почти готова и может опередить Libra

Спустя пять лет разработки цифровая валюта Народного банка Китая практически готова и скоро будет запущена. Об этом пишет The Block. Так, 10-го августа на заседании China Finance 40 Group заместитель главы платежного подразделения в составе Народного банка Китая Му Чанчунь объявил о готовности прототипа цифровой валюты (CBDC). Он также отметил, что разработка CBDC ведется с […]

2019-8-12 11:57	криптовалют
cbdc народного банка готова китая валюта цифровая

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Yao Qian Of PBoC’s Crypto Lab to Join China Securities Depository and Clearing Corporation (CSDC)

Yao Qian, the former architect of China's central bank digital currency (CBDC)left his position and has now taken up the role of general manager at the China Securities Depository and Clearing Corporation (CSDC).

2018-10-16 00:25	News
china securities clearing depository corporation qian csdc

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Tencent Shares Up 8% after Report of Online Ad Revenue Growth in Q4 2022

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Coinspeaker WeChat Incorporates Digital Yuan Payment Functionality to Bolster Appeal Chinese super app WeChat is the second multipurpose social media platform in the country, after Alipay, to integrate digital yuan payments.

Only In Crypto: Fake News Report Claims Binance CEO Shot By FBI

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Tencent Pushes to Challenge TikTok via WeChat Channels

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This Week In DeFi – June 24

To the DeFi community, This week decentralized derivatives platform dYdX decided to create its own applicaiton-specific standalone chain, as part […] The post This Week In DeFi – June 24 appeared first on DeFi Rate.

2021-2-27 17:37

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