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China wants US senators to ‘stop making trouble’ out of digital yuan

July 21, 2021 by DIGIT

China’s Foreign Ministry responded to U.S. senators’ claim regarding the digital yuan’s function as a tracking and tracing tool during the 2022 Beijing Winter Games. Go to Source Powered by WPeMatico

Categories 2022, beijing, China, Digital, eyuan, Games, Olympics, Winter, Yuan

China’s central bank says crypto gave impetus to the creation of its CBDC

July 16, 2021 by DIGIT

A working paper released in English by the People’s Bank of China cites cryptocurrencies as an important context for the digital yuan’s development and reveals that the digital currency will use smart contracts to allow for programmability. Go to Source Powered by WPeMatico

Categories Bank, CBDC, central, China, Digital, eyuan, PBOC, Yuan


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  • bitcoinBitcoin(BTC)$66,611.00-0.70%
  • ethereumEthereum(ETH)$1,957.27-0.33%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.37-1.04%
  • binancecoinBNB(BNB)$601.87-1.41%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$79.63-1.29%
  • tronTRON(TRX)$0.278401-0.20%
  • dogecoinDogecoin(DOGE)$0.0937931.35%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.04-0.38%
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  • bitcoinBitcoin(BTC)$66,611.00-0.70%
  • ethereumEthereum(ETH)$1,957.27-0.33%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.37-1.04%
  • binancecoinBNB(BNB)$601.87-1.41%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$79.63-1.29%
  • tronTRON(TRX)$0.278401-0.20%
  • dogecoinDogecoin(DOGE)$0.0937931.35%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.04-0.38%