Digital yuan will combat US ‘dollarization’ says former PBoC governor
“We need to prevent dollarization — this is one of the major designing points of the Chinese DCEP,” said Zhou Xiaochuan. Go to Source Powered by WPeMatico
People’s Bank of China
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Central bank digital currencies have the power to upend global finance
Central bank digital currencies will fundamentally change our conceptions of money and its uses. Go to Source Powered by WPeMatico
Digital yuan will work with WeChat and Alipay, says bank exec
Details regarding the digital yuan’s characteristics are taking shape. Go to Source Powered by WPeMatico
95% of winners in China’s CBDC lottery spent digital yuan prizes
Some winners purchased additional digital yuan during the pilot. Go to Source Powered by WPeMatico
U.S. Vs. China: who will win the digital currency war?
The U.S. needs to embrace privacy-focused crypto in order to compete with China’s digital RMB. Go to Source Powered by WPeMatico
Senior Japanese official fears China being ‘first-mover’ in digital currency
China might gain control over global CBDC standards, a Japanese official warns. Go to Source Powered by WPeMatico
Shenzhen to hand out 10 million digital yuan in currency giveaway
China is promoting its central bank digital currency with a public $1.5 million giveaway. Go to Source Powered by WPeMatico
China plans to use its digital yuan at the 2022 Winter Olympic Games
Details about the official launch date still remain murky. Go to Source Powered by WPeMatico
China’s Blockchain Service Network to launch stablecoin support in 2021
China’s national blockchain project BSN could be the best fit for the digital yuan. Go to Source Powered by WPeMatico
China’s State-Run Banks Reportedly Testing Wallet for Digital Yuan
State-owned commercial banks in China are reportedly testing a wallet for the country’s forthcoming digital yuan. Go to Source Powered by WPeMatico
