Shenzhen Will Give Away 15 Million Digital Yuan to Local Residents via WeChat Raffle
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
Digital Yuan (Latest Publications)
PBoC May Soften Its Stance on Crypto Assets as It Calls Bitcoin an Investment Alternative
It seems that China is now softening its stance on crypto assets as Li Bo, deputy governor of the People’s Bank of China (PBOC), has called Bitcoin and other crypto-assets investment alternatives, not currencies.
20,000 Transactions during a Digital Yuan Trial Event
The Chinese conducted about 20,000 transactions of Digital Yuan, China’s new digital currency, on eCommerce platform JD.com on the Double 12 event on Friday during a real-world trial of Digital Yuan.
The PBoC Processed 4 Million Transactions With Digital Yuan
The People’s Bank of China (PBoC) reached 4 million transactions so far with its digital yuan, reports Bloomberg. The digital yuan is a Central Bank Digital
People’s Bank of China reveals Digital Yuan as mandatory, to be treated like cash
The People’s Bank of China (PBOC) revealed today that the new digital yuan will be mandatory to deal with and that it will be regulated like
Japan Needs US Help to Counter Chinese Digital Yuan, Says a Lawmaker from Japan’s ruling Liberal Democratic Party
Japan needs support from the US Federal Reserve to keep a check on the potential of Chinese Digital Yuan, said Norihiro Nakayam, a senior lawmaker in
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