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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 | |
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China to Extend Testing of Digital Yuan to Beijing, Tianjin and Others Areas
Coinspeaker China to Extend Testing of Digital Yuan to Beijing, Tianjin and Others AreasChina is set to expand its digital yuan testing to Beijing, Tianjin, and other acclaimed prosperous provinces in the country. дальше »
2020-8-16 17:10 | |
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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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Japan’s Finance Minister Sounds China CBDC Warning
Taro Aso, Japan’s Finance Minister has voiced his reservations concerning China’s plans to issue its central bank digital currency (CBDC) – the digital yuan. Aso told fellow finance chiefs at the G-20 summit that Beijing’s state-backed crypto could negatively upset the balance of the global economy. дальше »
2020-2-25 18:00 | |
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China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan
China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges with administrative measures in what has become a market economy over the years. дальше »
2019-12-12 07:30 | |
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China, Europe will lead CBDC race as South Korea opts out
China sparked a debate that is spreading like wildfire throughout the world. With the developments surrounding Beijing's Digital yuan, a project which has been in development for over a year, competinThe post China, Europe will lead CBDC race as South Korea opts out appeared first on AMBCrypto. дальше »
2019-11-1 16:00 | |
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Dow Sneaks Higher, But China Unleashes Alarming Trade War Threat
The Dow snuck higher on Thursday as Wall Street reckoned with Beijing’s “controlled depreciation” of the yuan. However, China has unleashed an alarming new threat that risks derailing the US economy. дальше »
2019-8-8 16:36 | |
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Dow Implodes After China Bares Its Trade War Fangs
The Dow Jones is getting pummeled again, down 721 points (2. 72%) as a significant global move from risk comes on the back of a fresh escalation in Trump’s trade war with China. Beijing has mounted its most vigorous response yet, weaponizing the yuan and making an official point to avoid US agricultural exports. дальше »
2019-8-5 20:29 | |
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Beijing’s Decision To Weaken The Yuan Sees Wide Market Rally Led By Bitcoin
Last week, U. S President Donald Trump announced additional tariffs for Chinese goods coming into the U. S. This announcement sparked an overnight surge for Bitcoin, giving back the bulls the momentum they much needed. дальше »
2019-8-5 18:52 | |
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Bitcoin Shoots Up on Rising Threat of Full Blown Currency War as China’s Yuan Drops Below 7
The simmering trade tensions between the US and China have threatened to spark a full-blown currency war after Beijing lets the yuan weekend past the psychologically important point of 7 to the American dollar for the first time in over a decade. дальше »
2019-8-5 17:42 | |
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Chinese Yuan Tumbles, A Break Through $7 Would Get “Bitcoin Bulls Excited”
Since May 13, Chinese Yuan has been trading in a tight range of 6. 90 and 6. 95 which finally broke down and tumbled 0. 5%. The biggest in three weeks to a low of 6. 962 vs the US dollar, the lowest level since November 2018. дальше »
2019-6-8 19:59 | |
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Bitcoin OTM in Beijing Lasted Less Than a Week Under Regulatory Pressure
This article was originally published by 8btc and written by Lylian Teng. Bitcoin ATM services in China have once again proved to be hopeless, after the first Bitcoin OTM (OTC Teller Machine) in Beijing was removed shortly after its installation. дальше »
2019-5-21 19:11 | |
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Microsoft developed an AI that creates amazing caricatures
Stanford graduate student Kaidi Cao will join fellow AI researchers Jing Liao, of City University of Hong Kong, and Lu Yuan of Microsoft at SIGGRAPH Asia in Tokyo this December to present their incredible caricature-drawing neural network. дальше »
2018-11-21 02:34 | |
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Another Chinese City Embraces Blockchain Technology
The city of Nanjing which is the capital of the Jiangsu Province in China, has committed to investing a total of 10 Billion Yuan ($1. 5 Billion) in a blockchain investment fund geared at promoting public blockchain projects and the general token economy. дальше »
2018-7-23 20:42 | |
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