More / Bitcoin Reddit - 2 months ago

Gonna be a killer year. Happy CNY to all you rebels behind the great wall Hodling when u ain't supposed to

submitted by /u/citadelian [link] [comments]

Cryptocoins News / Blockchain  - 4 months ago

Bank of China Achieves Groundbreaking $14 Million e-CNY CBDC Settlement in Gold

The Bank of China's Shanghai branch successfully settled a $14 million e-CNY CBDC for gold, marking a significant advancement in digital currency's role in international trade. (Read More)

More / Bitcoin Reddit - 7 months ago

Ray Dalio is wrong. CNY will not be the next global reserve currency. Bitcoin will.

submitted by /u/alanbwt [link] [comments]

Cryptocoins News / CoinJournal - 9 months ago

Singapore bank DBS allows e-CNY settlements

The DBS bank has started an e-CNY collection platform. The platform will enable automated settlement of e-CNY into businesses’ CNY bank deposit accounts. The bank is participating in Project Guardian, a project for testing asset tokenization a...

Bitcoin News / Bitcoin.com - 10 months ago

CZ Binance on Buying Banks to Fight Crypto Regulation Woes, Russian Banker Says CNY Likely to Dethrone USD, and More — Week in Review

Changpeng Zhao, the CEO of Binance, doesn’t think buying a bank would solve the crypto industry’s troubles with traditional financial institutions, amid issues his own exchange currently faces in regions like Australia and Europe. In othe...

Cryptocoins News / The Cointelegraph ​ - 1 year ago

Chinese Communist Party officials issue KPIs for e-CNY transactions in Suzhou

CCP officials want to see the e-CNY surpass $300 billion in transactions in 2023 through promotional efforts. Senior Communist Party officials in the Chinese city of...

Cryptocoins News / Blockchain  - 1 year ago

China Central Bank Releases Digital CNY Smart Contract Prepaid Fund Management Product

In China, the Digital Currency Research Institute of the People's Bank of China has launched a digital renminbi smart contract prepaid fund management product - "Yuanguanjia". (Read More)

Cryptocoins News / The Cointelegraph ​ - 1 year ago

China begins next phase of CBDC testing with e-CNY payment for public transport

Scan and pay with e-CNY is now available in multiple Chinese cities for citizens looking to ride their local buses and subways. According to multiple sources, on Tues...

Cryptocoins News / The Cointelegraph ​ - 1 year ago

China's central bank to expand deployment of e-CNY

According to China's state institution Xinhua News Agency, Lan Zou, head of monetary policy at the People’s Bank of China (PBoC), announced that the country would be expanding the number of digital yuan (e-CNY) test sites in the country from 11 to 2...

Cryptocoins News / Blockchain  - 1 year ago

$30m e-CNY Airdropped in Shenzhen to Boost Consumer Spending

The use of China’s Central Bank Digital Currency () is currently being boosted by the city of Shenzhen, according to reports that the authority has airdropped 30 million Digital Yuan (e-CNY) to its residents. to the Shanghai Securities News, the...

Bitcoin News / Bitcoinist - 1 year ago

Digital Yuan Ban: Senators Seek To Ban China’s E-CNY From US App Stores

Three Republican senators are pushing to prohibit portals from allowing apps that facilitate payments of China’s digital yuan out of concern that it could be used for espionage against American citizens. The proposed “Defending Americans...

Cryptocoins News / CoinJournal - 2 years ago

Over £222,000 spent per day using digital Yuan (e-CNY) during Winter Olympics

The 2022 Winter Olympics in Beijing was the moment the whole world got introduced to China’s first official digital currency: the digital yuan. More than £222,000 is said to be spent with the countries own digital token every day, according to new...

Cryptocoins Exchanges / Binance - 2 years ago

Binance p2p for CNY

“In response to the regulatory requirements of the local government, Binance C2C will delist the CNY trading zone at 24:00 (East Eighth District Time) on December 31, 2021,” said Binance in a post. How about p2p for China customers? That's in CNY...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Shanghai Man: China’s version of McJob meme, eCNY airdrops, Canaan’s record revenue

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news, including influential projects, changes i...

More / Bitcoin Reddit - 2 years ago

Why Chna banned crypto -The digital yuan will be a programmable - PBOC publishes first digital yuan/e-CNY white paper

submitted by /u/me-i-am [link] [comments]

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Shanghai Man: Economist says El Salvador 'on road to death', salaries paid in e-CNY ...

Former banking heads question foreign financial policies, workers paid with digital yuan in milestone pilot and a large Series A is closed by DeFi platform SynFutures....