Chinese central bank exec aims for digital yuan retail expansion

2023-9-4 11:58

Changchun Mu, an executive from the People’s Bank of China (PBOC), stated that the digital yuan needs to be available in retail scenarios. According to the local source Paper, Mu explained at a trade forum in Beijing that the central…

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Источник: btcmanager.com

retail yuan → Результатов: 12

Chinese online retail giant JD.com adopts digital yuan for salary payments

Chinese e-commerce company JD.com has upped its support for the country’s central bank digital currency.

2021-4-27 14:11
digital chinese upped e-commerce company bank currency

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Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention

Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has an uphill battle to take on Alipay and WeChat Pay.

2021-4-2 03:18
filecoin thinks pboc head bases chinese user

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How will dropping ETH-BTC spread affect Ethereum price?

With the latest updates, of Digital Yuan's testing and launch, and the US Presidential elections coming closer, retail traders’ attention is now on Bitcoin. In the previous price rallies, the trend The post How will dropping ETH-BTC spread affect Ethereum price? appeared first on AMBCrypto.

2020-10-28 21:30	Trading View
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Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency

As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy.

2020-10-20 12:15
digital russia bank currency central ruble test

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Australia Doesn’t Need a Retail CBDC, Says Central Bank

Australia’s central bank is not buying into the growing call among several countries to float their own central bank digital currency (CBDC). With China already bootstrapping adoption of its digital yuan to millions of citizens, other countries are moving ahead to test their own experimental CBDCs.

2020-10-14 18:30
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China: CBDC Trial Focused on Retail Transactions

China’s central bank has stated that the trial of its developing central bank digital currency (CBDC) is currently limited to retail transactions, as against claims stating that the digital yuan was used for large transactions.

2020-8-24 23:07	PBoC
transactions digital bank china cbdc central trial

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China’s nationwide blockchain to add support for stablecoins

China appears to be in the final phases of testing its CBDC, digital yuan. The country recently expanded the tests to new cities, and its central bank revealed that the coin is only used for small retail transactions at this time.

2020-8-25 14:43	Cryptocurrency
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Starbucks, Subway And McDonald’s Set To Test China’s Central Bank Digital Currency

Starbucks, Subway, and McDonald’s are among the 19 retail businesses that will be trialing China’s digital yuan in one of the country’s pilot program cities. Per reports, China has already started testing its digital currency in a real-world setting in order to improve the currency’s functionality.

2020-4-24 17:55	Starbucks
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Will China’s Crypto Yuan be Used for Retail Payments or Mass Surveillance?

China’s blockchain drive has been about one thing: getting its people used to a state-backed crypto asset. The People’s Republic is determined to get its crypto yuan out as soon as possible and bankers have stressed that it will be for retail use.

2019-11-27 10:00	PBoC
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Former PBoC Head: China’s Digital Yuan Will Favor Payments and Retail

Longest-serving PBoC governor says China will continue to focus on its digital yuan as a mechanism for domestic retail systems and payment

2019-11-27 23:18	China
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China’s Digital Yuan Will Target Retail Payments First, Ex-Central Banker Says

Former PBoC head Xiaochuan Zhou says the digital yuan will enable retail payments first, but might need a different technical design for cross-border payments.

2019-11-27 21:15	Digital Yuan
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Digital yuan being dumped in favor of cash

While Beijing is trying to popularize its digital yuan, only a few seem to be ready to use it. As Chinese government employees, especially those in state-owned enterprises and governmental organizations, become early adopters of receiving their salaries in digital…

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Standard Chartered Bank has announced its upcoming participation in China’s digital yuan, also known as digital renminbi (RMB), with the pilot project set to commence on Nov. 27. The bank said it will provide customers with digital yuan exchange, redemption, and other services.

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Chinese Players to Showcase Digital Yuan Solutions at 2023 Beijing Service Trade Fair

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2023-9-4 11:58

retail yuan → Результатов: 12

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