As China struggles to ban all cryptomede and cryptoactive miners from its territory, the country’s central bank has intensified its efforts to create and expand the...
The People’s Bank of China is looking to leverage the massive user base that WeChat has for accelerated adoption of its digital yuan. WeChat, China’s biggest...
Earlier today, the PBoC announced the launch of the pilot phase of its e-CNY wallet applications on both IOS and Android phones. The wallet is only available for...
China’s digital yuan is inching ever closer to rollout – with a pilot version of a central bank-issued app and wallet released on Apple and Android app stores...
China is thinking about launching a digital asset exchange platform in Beijing. The exchange platform has a specific aim of promoting the use of digital Yuan....
The latest news about China’s decisions over central bank digital currency shows that plans are very serious about using government-backed digital assets. The news comes some...
The latest update in China’s financial ecosystem saw the authorities make yet another attempt to push its Digital Yuan’s use, this time around by setting up...
The latest development in China’s Central Bank Digital Currency, post the controversial CBDC scam, saw the People’s Bank of China reinstate its determination towards expanding and...
The number of digital yuan accounts in China has increased almost seven times since the end of June, reaching 140 million, said a PBoC official. The...
While the e-CNY is billed to offer almost the similar features as stablecoins, it is centralized in nature. The plans by the People’s Bank of China...
