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eyuan – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 21 Jul 2021 08:06:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png eyuan – DIGIT INFO https://www.digit.info 32 32 China wants US senators to ‘stop making trouble’ out of digital yuan https://www.digit.info/china-wants-us-senators-to-stop-making-trouble-out-of-digital-yuan/ Wed, 21 Jul 2021 08:06:00 +0000 https://www.digit.info/2021/07/21/china-wants-us-senators-to-stop-making-trouble-out-of-digital-yuan/

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.

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]]> China’s central bank says crypto gave impetus to the creation of its CBDC https://www.digit.info/chinas-central-bank-says-crypto-gave-impetus-to-the-creation-of-its-cbdc/ Fri, 16 Jul 2021 09:44:19 +0000 https://www.digit.info/2021/07/16/chinas-central-bank-says-crypto-gave-impetus-to-the-creation-of-its-cbdc/

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.

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