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Category: PBOC
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Our Man in Shanghai: Digital yuan tests, ‘bear market’ and ‘NFT’ searches spike
Digital RMB testing for cross border payments and electric vehicles continues, sentiment takes a dive and blockchain events return to meatspace.
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Digital Yuan Won’t Be Fully Anonymous but Offers ‘Controllable’ Privacy Protection, Says Official
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$60K meets whale sellers: 5 things to watch in Bitcoin this week
Inflows to exchanges spike as BTC/USD drops under $58,000 — what could happen next?
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Beijing’s $1.5 Million Digital Yuan Giveaway: China to Airdrop Digital Currency for Chinese New Year
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Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency
A major Chinese city is giving away 10 million yuan in the country’s central bank digital currency this weekend. Recipients can use their digital yuan at 3,389 stores next week. The city aims for the giveaway to boost usage of the new government-backed digital currency. Chinese City Giving Away Digital Yuan The Chinese city of […]
The post Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency appeared first on Bitcoin News.
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JD.com’s fintech wing partners with PBoC on digital currency projects
China’s e-commerce giant will reportedly help develop apps that support the forthcoming digital renminbi.
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Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly
One of China’s biggest banks recently opened up registration for wallets using the country’s central bank-backed digital currency. There are four levels of the wallet, according to reports. However, the bank took the offer down a few hours later. China’s Digital Currency Wallet Launch China Construction Bank (CCB), one of the country’s largest state-owned banks, […]
The post Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly appeared first on Bitcoin News.
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China Testing Digital Currency in Major Cities, Including Beijing and Hong Kong
China’s Ministry of Commerce has announced the pilot run of the country’s central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested during the 2022 Winter Olympics games in Beijing, the ministry said. China Announces Testing of Central Bank-Backed Digital Currency in Major Cities China’s Ministry of […]
The post China Testing Digital Currency in Major Cities, Including Beijing and Hong Kong appeared first on Bitcoin News.
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China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas. China Recognizes Bitcoin as Commodity The Beijing Arbitration Commission published an article on the legal nature of bitcoin in China […]
The post China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains appeared first on Bitcoin News.
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