2021-6-1 12:33 |
Chinese "crypto dad" and ex PBoC director Yao Qian insists digital yuan is not a surveillance tool for the government.
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Didi, the Chinese equivalent of Uber, is forming a task force to design and implement trial of China's central bank digital currency on its on-demand transportation platform.
2020-7-8 09:58 | |
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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 […]
2020-6-23 21:47 | |
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China's Digital Yuan could challenge the U. S dollar and Bitcoin, according to a recent report by Bloomberg. The PBoC backed digital asset was piloted in April by the Agricultural Bank of China within four cities in the country.
2020-6-4 00:04 | |
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The governor of the People’s Bank of China (PBOC) Yi Gang, has put a damper in the general idea that China will launch its national digital currency soon. According to Gang, there is currently no plan at all for an official launch of a digital yuan.
2020-5-27 19:19 | |
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As the world emerges from lockdown, China is already several steps ahead in the roll-out of a Central Bank Digital Currency (CBDC). The Asian giant spearheaded its digital Yuan back in April and is now integrating the PBoC backed asset into China's existing payment networks.
2020-5-26 18:27 | |
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China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s financial rule. In 2020, various reports show that China’s central bank will soon release a cryptocurrency that represents a digital yuan.
2020-4-25 23:05 | |
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Yesterday, the crypto community was shocked when local reports suggested that the Agricultural Bank of China — one of the nation’s biggest commercial banks, which is coincidentally state-owned — has begun to test a national digital currency project.
2020-4-16 10:00 | |
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Agricultural Bank of China (ABC), one of the “Big Four” financial institutions controlled by the government of the People’s Republic of China (PBoC), has launched a mobile application for testing the nation’s central bank digital currency (CBDC) dubbed DE/CP.
2020-4-15 21:00 | |
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Many central banks including the People's Bank of China (PBoC), Bank of Canada, Bank of England, Bank of Japan, ECB, the Sveriges Riksbank, and Swiss National Bank are working toward releasing their oThe post CBDCs vs Digital assets: crypto-assets are private, CBDCs are sovereign in nature appeared first on AMBCrypto.
2020-4-14 00:00 | |
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Reports have surfaced that China’s Central Bank has made strides towards realizing their Central Bank Digital Currency (CBDC). In a virtual meeting by the People’s Bank (PBOC) top brass, whose focal point seems to be the discussion around the ongoing developments of China’s digital Yuan.
2020-4-6 17:22 | |
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According to the Chamber of Digital Commerce, China has filed 84 patents for the digital yuan, its new upcoming digital currency. The patents date to 2017 and are credited to the People’s Bank of China’s (PBoC) Digital Currency Institute.
2020-2-14 00:55 | |
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Reports of more than 80 digital payments-related patents filed by the People’s Bank of China (PBOC) is offering concrete proof of the country’s moves to launch a CBDC. China Serious About CBDC Issuance According to the Financial Times, China’s central bank has filed 84 patents relating to its plans to launch a digital currency electronic payments DCEP system.
2020-2-13 22:30 | |
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A new paper from the PBoC says the “top-level” design of its digital currency is complete while AMLD5 in Europe is causing crypto companies to flee.
2020-1-11 23:00 | |
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The People Bank of China (PBoC) has just completed a top-layer design and the testing of its central bank digital currency (CBDC) that should be released very soon. As reported by Chinese news outlet Sina on January 10, the tests and top-layer design for the digital Yuan were accomplished and developed according to relevant standards. […]
2020-1-11 21:18 | |
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If 2019 was the year central banks dipped their toes into sovereign digital currencies, 2020 seems to be the year they go all in. People's Bank of China [PBoC], the central bank of China, stated thThe post China's central bank completes top-layer design on digital yuan appeared first on AMBCrypto.
2020-1-10 14:30 | |
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Coinspeaker China’s Digital Currency Is at the Final Stage of DevelopmentAs it has been reported by the People’s Bank of China (PBOC), the country’s digital yuan is fully ready for trials.
2019-12-23 22:17 | |
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PBOC wants to distinguish its own digital currency from rival private initiatives.
2019-12-24 20:22 | |
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According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket for backing, Changchun affirmed.
2019-12-23 10:21 | |
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After announcing its support for a state-backed digital asset back in August, China's proposed CBDC is edging closer to becoming a reality and becoming a part of the country's financial ecosystem.
2019-12-9 13:00 | |
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The People's Bank of China (PBoC) is collaborating with Huawei, commercial banks as well as major telecommunications operators to roll out its digital currency
2019-12-9 10:36 | |
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People’s Bank of China (PBoC) said its blockchain-based solution for a digital asset backed by the government is ready, after years of research.
2019-8-12 15:08 | |
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The People's Bank of China announced its readiness to launch its own digital currency based on the blockchain technology. But this will not lead to any changes in Beijing's monetary policy.
2019-8-12 13:20 | |
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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 | |
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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 | |
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Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s Bank of China [PBOC], recently announced at the third “China Finance 40 Yichun Forum”, that the development period of People’s Bank of China’s [PBOC] digital currency was near completion and it was “said to be ready.
2019-8-11 12:33 | |
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On Friday, August 2, 2019, the People’s Bank of China (PBoC) supposedly held a video conference in which things that needed to be achieved in the second half of the year were elaborated upon. According to The Block, China’s central bank reported its plans to accelerate its goals with regard to a country-wide digital currency […]
2019-8-3 17:24 | |
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With Bitcoin getting mainstream recognition, there has been a lot of institutional onboarding into digital assets. Giants like Facebook, J. P. Morgan, Amazon, Alibaba, Microsoft, and others from all industrial sectors have started to look towards these assets as something that could potentially help solve problems in existing systems, ranging from payments, transfer of value etc.
2019-7-10 17:30 | |
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Coinspeaker China’s National Digital Currency Threatened By Facebook’s Libra Coin: PBoC OfficialWhen the U. S. sneezes the rest of the world catches a cold, and this time around the cold has caught up with China.
2019-7-9 10:50 | |
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China's central bank could hasten development of its digital yuan to counter the threat posed by Facebook's Libra cryptocurrency, an official says.
2019-7-9 17:00 | |
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Local authorities in China are worried about the exponential growth that digital payments are experiencing in the country. In a recent report released by the FT, the People’s Bank of China (PBoC) is very concerned about the declining relevance of cash for processing payments in the Asian country. According to this report, there are several […]
2019-1-3 09:26 | |
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The People’s Bank of China (PBoC), the country’s central bank, has officially banned security token offerings (STO) in a continuation of its restrictive legislation governing digital currencies.
2018-12-10 15:00 | |
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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 | |
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The former chief of China's central bank digital currency initiative has left the role to lead the country's central securities clearing house.
2018-10-15 12:50 | |
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China's central bank is looking to recruit blockchain tech and legal experts as it continues development of a yuan-based digital currency.
2018-10-11 15:00 | |
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The government of China and its central bank the People’s Bank of China (PBoC) enforced a strict crypto trading ban in September 2017. Yet, the local cryptocurrency market of the country remains active, with hotels, exchanges, and over-the-counter (OTC) trading platforms supporting digital assets.
2018-9-30 10:00 | |
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People’s Bank of China’s (PBoC) research arm, The Digital Currency Research Lab, is set to further its operations beyond the Chinese capital of Beijing. Per a report on September 4, 2018, by the local finance news daily CNStock, the research group is expanding outside Beijing in a bid to accentuate development of emerging financial technologies, including blockchain technology, cryptocurrencies, among...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.
2018-9-7 23:00 | |
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The People’s Bank of China (PBoC), China’s central bank, is expanding its blockchain technology and digital currency research efforts after several successful tests, according to CNStock.
2018-9-6 16:00 | |
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The Digital Currency Research Lab within China's central bank is expanding to Nanjing to enable wider deployment of blockchain and other fintech.
2018-9-5 12:00 | |
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The Digital Currency Research Lab within China's central bank is expanding to Nanjing to enable wider deployment of blockchain and other fintech.
2018-9-6 12:00 | |
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Iran may employ cryptocurrencies as part of its efforts to circumvent the upcoming US sanctions, according to a high-ranking Iranian lawmaker who said the matter will be discussed in parliament soon.
2018-7-17 06:55 | |
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China’s central bank, the so called People’s Bank of China, has presented a patent application for a wallet that consumers are able to use so as to track cryptocurrency transactions. The patent has been sent to China’s State Intellectual Property Office (SIPO) during the last week. In the last year, China has been one of […]
2018-6-30 09:27 | |
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China is continuing its way of crypto development. A digital currency research lab set up by the People’s Bank of China has submitted 41 patent applications, which means the world’s second-largest economy is planning a more prominent role in the cryptocurrency ecosystem.
2018-6-27 10:33 | |
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The Digital Currency Research Lab at the People’s Bank of China has filed more than 40 patent applications so far – all as part of an aim to create a digital currency combining the core features of cryptocurrency and the existing monetary system.
2018-6-26 18:45 | |
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The continuing efforts by China's central bank to build a fully-featured digital currency product are revealed in its many patent filings.
2018-6-26 16:00 | |
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China is expanding its CBDC pilot program to its free trade zones.
Industrial Bank (CIB) introduces carbon credit rewards for digital yuan use, promoting green finance and expanding the e-CNY ecosystem. The post China’s Industrial Bank rewards digital yuan spending with carbon credits appeared first on Crypto Briefing.
The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.
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…
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.
PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange.
A Chinese foreign exchange regulator official showed its support for the CBDC development, the digital yuan. Lu Lei, deputy administrator of the State Administration of Foreign Exchange (SAFE), explained to the CNA agency that some of the main features of…