Monday, September 20, 2021
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Digital Yuan

China hits back at senators ‘making troubles’ about digital Yuan

China plans to carry out the trial of its Digital Currency Electronic Payment or digital Yuan in 2022 during the Winter...

Chinese banks tell staff to recruit up to 300 new digital yuan users each

Chinese banks have begun a hard sell of digital yuan wallets, asking staff to recruit hundreds of new users each year.

Subcontractors and Builders Located in China’s Xiong’an New Area Are Being Paid in Digital Yuan

Xiong’an New Area, a state-level new area in Hebei, China, is seeing the use of onchain digital yuan payments, according to a...

Chinese government set to launch Digital Yuan lottery as part of digital currency trial

The Chinese government is set to launch another digital Yuan lottery to help its ongoing digital currency trials, happening in the capital...

China’s E-commerce Giant JD.com Starts Paying Employee Salaries in Digital Yuan

Some of the top Chinese conglomerates have already joined hands with the People’s Bank of China (PBoC) in testing the country’s own...

China Will Pilot Digital Yuan For Foreigners At 2022 Winter Olympics

China is planning to trial the digital yuan with foreign athletes and visitors during the Beijing Winter Olympics in 2022.

Digital yuan pilot moves to southern Hainan province

Digital yuan pilot testing is moving to Southern China. The central bank digital currency’s latest test will be in Hainan province where...

Officials say the Digital Yuan won’t be completely anonymous, but it will provide manageable privacy and security

When it refers to the upcoming launch of the virtual yuan, there has been a lot of talk about privacy. The director...

Complete anonymity is unrealistic for digital yuan: central bank official

Limited anonymity is possible for China's digital yuan, such as when transactions are in small amount, but complete anonymity is infeasible in...

Digital Yuan Giveaway of Beijing’s $1.5 Million for Chinese New Year

In Beijing, China government is sending out 10 million yuan in its national bank virtual currency. And during Chinese New Year festival,...

Latest news

Turkey’s central bank focus on technology for CBDC study

As per reports, the Central Bank of the Republic of Turkey (CBRT) has selected several technology companies to assist in creating a...

Bitcoin Volatility Boost Liquidation of Long BTC Positions

Bitcoin decreased beneath $46,000 on Monday after a pointy growth in selling pressure. The world’s biggest digital currency has misplaced almost 5%...

Cardano Founder Firmly Opposes “$ADA Burn” Proposal, Here’s Why

Cardano ($ADA) founder Charles Hoskinson is strongly against the idea of deflationary economics which has become quite popular in the crypto world. Hoskinson during...

Crypto Assets Slide, Financial Markets Brace for Volatility

The crypto market experienced a drawdown Monday, with several Layer 1 chains registering double-digit losses. Bearish sentiment in traditional markets is likely...

Huobi: From Prime to Primepool, HT holders ignite the market’s wealth effect

Since the launch of Huobi Token (HT) in 2018, platform tokens have become a popular investment target, and the rise of emerging...
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