China’s anticipated digital Yuan falls below expectations
China has severely advocated its digital Yuan project in recent times. However, projected as the world’s first major sovereign digital currency, the Chinese digital Yuan...
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China Moves Away From US Dollar, Ahead of Digital Yuan
China is probably going to decrease its possessions of US Treasury bonds to just shy of $800 billion from the current degree of more than...
China’s Jing’an District issues coupons with blockchain
Jing’an District is offering markdown coupons for motion pictures, theater exhibitions and online exercises utilizing new blockchain innovation. Inhabitants, representatives and understudies in the locale...
China Plans to Use Its Digital Yuan at the 2022 Winter Olympic Games
Sun Guofeng, top of the money related arrangement office at the People’s Bank of China, told a public interview the national bank would not alter...
China Testing Cryptocurrency in Major Cities, Including Beijing and Hong Kong
China’s Ministry of Commerce reported Friday that a pilot run of the nation’s national bank advanced money (CBDC) will start in “Guangdong-Hong Kong-Macao Greater Bay...
China to Test Digital Yuan on Food Delivery Platform With 435 Million Users
The People’s Bank of China (PBoC) is intending to include the Tencent-sponsored food conveyance goliath Meituan Dianping to its rundown of stages that will test...
China Launches Blockchain System for Public Procurement
Kunming city in China has finalized developing and testing a Blockchain based public resource bidding platform. The platform was officially launched in the city on...
The Central Bank of China told how the development of its own cryptocurrency
The People’s Bank of China has officially confirmed the information that it is working on its own cryptocurrency, however, there is no exact date for...
China: Crypto Yuan will be cooler than Libra
A new head of the digital currency division has appeared in the Chinese central bank, saying that the new digital yuan has functions that are...
After 5 years of development, the Central Bank of China is ready to launch its own cryptocurrency
A senior official of the People’s Bank of China announced at a meeting of China Finance 40 Group that the country will soon deploy the...