Cryptocoins News / The Cointelegraph - 2 years ago
China reportedly implemented the country’s first blockchain-powered digital yuan transactions in the Xiong’an New Area. China is progressing with its central bank digi...
Bitcoin News / Bitcoin.com - 2 years ago
Financial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the upcoming tests, the city will link the Chinese digital yuan to its domestic payments system to evaluate the CBDC&rs...
Bitcoin News / Bitcoin.com - 2 years ago
As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among residents of Shanghai. The digital money will be dispersed through a lottery, a method tha...
Bitcoin News / Bitcoin.com - 2 years ago
China’s central bank digital currency (CBDC) continues to gain further ground as the Beijing Local Financial Supervision and Administration Bureau revealed 40 million worth of the country’s digital yuan ($6.3 million) will be distributed...
Cryptocoins News / The Cointelegraph - 2 years ago
Beijing residents should apply to participate in the lottery until midnight on June 7. The Chinese government is launching another digital yuan lottery to stimulate it...
More / Etherum Reddit - 2 years ago
Central bank digital currencies (CBDCs) are set to become more "smart," according to the former head of the People's Bank of China's (PBoC) digital currency initiative. CBDCs could one day operate on blockchain networks like Ethereu...
Cryptocoins News / The Cointelegraph - 2 years ago
Chinese "crypto dad" and ex PBoC director Yao Qian insists digital yuan is not a surveillance tool for the government. China’s digital yuan will utilize smart contract...
by COINS NEWS - 2 years ago
Now I am not saying China has caused this price drop on purpose but they are least taking advantage of the price drop to push Digital Yuan ads out in a frenzy. Do not click on any of these links and especially do not give them your phone number or yo...
Bitcoin News / Bitcoin.com - 2 years ago
Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.” The praise comes from a publication associated with one of Brazil’s far-left parties. A recently published article c...
by COINS NEWS - 2 years ago
Digital Yuan is completely trackable, controllable and reprogrammable by the Chinese government. It will be used the monitor the purchases and wealth of the people. You purchased the wrong book, invested in the wrong Crypto, sent a bigger amount of m...
Bitcoin News / Bitcoin.com - 2 years ago
China’s push for the digital yuan will boost demand for cryptocurrencies, according to an analyst at BK Asset Management, citing that the Chinese government wants “absolute power” over the wealth and income of its citizens.
Digital...
Bitcoin News / Bitcoin.com - 2 years ago
Police in China’s Jiangxi province have reportedly recovered bitcoins stolen from a victim and returned them to the owner. The case involves the theft of 8.236 bitcoins, worth approximately 3 million yuan.
Police Return Bitcoin to Theft Victim...
Cryptocoins News / The Cointelegraph - 2 years ago
The first phase of tests for use of the digital yuan across borders has been successful, the Hong Kong Monetary Authority has said. The Digital Currency Institute of t...