Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is.
Category: People’s Bank of China
Auto Added by WPeMatico
China opens industrial park for digital yuan CBDC development in Shenzhen
The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan.
Bitcoin gains legal recognition as digital currency in Shanghai China
A similar report from another Chinese court earlier in September recognized cryptocurrencies as virtual properties protected by law.
mBridge CBDC project preparing for new members, launch of minimum viable product
The project now includes central and commercial banks of China, Hong Kong, Thailand and the UAE. Future new members were not identified.
Grayscale victory, SEC delays decision on Bitcoin ETFs: Law Decoded
Grayscale victory doesn’t help Bitocoin spot ETF approval on first deadline as SEC postpones decison to next deadline.
Digital yuan integration introduced to Chinese business air travel
The Civil Aviation Administration and China Merchants Bank said passengers will be able to utilize the digital currency to access new services via this platform.
Powered by WPeMatico
Chinese state media removes video on crypto after Binance CEO calls it ‘big deal’
Although China has maintained a hostile stance against crypto, the recent developments in Hong Kong got many to speculate about its impact on China.
Powered by WPeMatico
Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation
Powered by WPeMatico
China Pushes Digital Yuan for Wage Payments in Changshu
Powered by WPeMatico
China to expand CBDC use case for Belt and Road Initiative
China was one of the first nations to start working on its CBDCs. However, despite the completion of its development, the government is yet to officially launch the CBDC.
Powered by WPeMatico