peoples bank – DIGIT INFO

Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says

DIGIT — Fri, 14 Oct 2022 10:16:10 +0000

Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed. More than 5 million merchants now accept the digital yuan in 15 Chinese regions as Beijing continues to expand the pilot areas. People’s Bank of China Reports 360 Million Digital […]

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China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report Reveals

DIGIT — Sun, 11 Jul 2021 16:30:47 +0000

China, which has arguably the most advanced digital currency project among leading nations, has so far handed out more than $40 million in red envelopes with digital yuan. The promotional campaign for the CBDC is currently focused on five major cities, taking into account their regional development priorities. Beijing Gives Away 269 Million Yuan in […]

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China’s First Central Bank Governor in 15 Years Likes Bitcoin

DIGIT — Wed, 21 Mar 2018 15:34:13 +0000

The People’s Bank of China, the nation’s central bank, has a new governor, its first in 15 years. His name is Yi Gang and judging by previous comments the 60-year-old has made, he’s perfectly okay with cryptocurrency. His positive stance towards bitcoin and other cryptos bodes well for their future within China. Also read: Report Claims […]

The post China’s First Central Bank Governor in 15 Years Likes Bitcoin appeared first on Bitcoin News.

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