China Projects the Idea of an Asian Digital Currency to Reduce Reliance on the US Dollar
Researchers from the think tank in China have proposed the idea to introduce an Asia-wide digital currency in the future. The idea was proposed by China
Researchers from the think tank in China have proposed the idea to introduce an Asia-wide digital currency in the future. The idea was proposed by China
The Chinese Central Bank Digital Currency (CBDC), e-CNY, has become the largest adopted CBDC in the world surpassing nearly $14 billion, or 100.04 billion yuan transactions
A senior Russian senator saidĀ that after establishing a digital rouble early next year, Russia intends to utilize the currency in mutual settlements with China as it
The crypto market is currently plagued with a persistent bearish pattern. Bitcoin has touched $17K, sending shockwaves in the entire market. However, speculators in China have
WeChat is Chinaās alternative to popular social media platforms, like Messenger and WhatsApp. Recently, WeChat has taken steps forward and has decided to ban any accounts
In a move to further promote CBDC, the Chinese government has announced plans to give citizens of Shenzhen digital yuan. A district in Shenzhen’s Futian district
China is one of the countries that has gone to great lengths to prohibit and criminalize the use of cryptocurrencies. In a recent article, the People’s
China wants to cash in on the NFT hype but wants to stay far away from cryptocurrencies such as Bitcoin [BTC].
The latest news about Chinaās decisions over central bank digital currency shows that plans are very serious about using government-backed digital assets.
The Chinese government is forcing McDonaldās to deploy the digital renminbi payments system at restaurants. It seems the restaurants should deploy the system before the Beijing
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