More / Etherum Reddit - 2 years ago
How Is China's Digital Yuan Changing Things?
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More / Etherum Reddit - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
With the opening ceremony of the Beijing 2022 Winter Olympics completed and all competing athletes currently in China, two members of Congress are warning of the potential dangers of using digital yuan at the events.According to a Friday report from...
Cryptocoins News / The Cointelegraph - 2 years ago
Restricting the number of spectators at the major international sporting event will "likely further delay the mass adoption of the digital currency," according to the Foundation for Defen...
Bitcoin News / Bitcoin.com - 2 years ago
China’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the People’s Bank of China (PBOC). Furthermore, transactions worth 87.5 billion yuan ($13.78 billion) have been made u...
Bitcoin News / Bitcoin.com - 2 years ago
The new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch. Its use and integration with other apps have contributed to an increase of digital yu...
Cryptocoins News / The Cointelegraph - 2 years ago
While WeChat isn't as popular outside of China as WhatsApp, it is ubiquitous on the mainland. WeChat, China's largest messaging app and one of the country's most popul...
Bitcoin News / Bitcoin.com - 2 years ago
China’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as e-CNY, can now be downloaded from the iOS and Android app stores in the country. Digital Yu...
Cryptocoins News / The Cointelegraph - 2 years ago
The “e-CNY (Pilot Version)” app was made available for download in the Chinese Android and Apple app stores on Tuesday. As China’s central bank steps up its effort to...
Cryptocoins News / The Cointelegraph - 2 years ago
Some 450,000 JD.com customers have used China’s digital yuan for payments as of June. E-commerce giant JD.com took payments in China’s central bank digital currency (C...
Cryptocoins News / The Cointelegraph - 2 years ago
Making the e-CNY more privacy-orientated aside, the PBoC already has ambitions to bring the CBDC onto the world stage. During a virtual video session at the Bank of F...
Bitcoin News / Bitcoin.com - 2 years ago
China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition, the governme...
Cryptocoins News / The Cointelegraph - 2 years ago
China’s CBDC hit 62 billion yuan in total transactions processed, according to PBoC’s digital currency head. China’s trials with central bank digital currency (CBDC) s...
Bitcoin News / Bitcoin.com - 2 years ago
According to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to support the digital yuan before the Winter Olympics in China scheduled for February 2022. The report notes that China is also pushing companies like Vis...
Cryptocoins Exchanges / Binance - 2 years ago
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Cryptocoins Exchanges / Binance - 2 years ago
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Cryptocoins News / CoinJournal - 2 years ago
Options are seemingly thinning for Chinese users after crypto exchange platform Binance revealed its exodus plans from the Chinese market Binance, the world’s leading digital assets platform, today announced that it will be getting rid of the o...
Cryptocoins News / The Cointelegraph - 2 years ago
Binance is taking more measures to comply with China’s cryptocurrency crackdown with new restrictions in the mainland. Binance crypto exchange officially announced on...
by COINS NEWS - 2 years ago
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Cryptocoins Exchanges / Binance - 2 years ago
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More / Bitcoin Reddit - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
China’s ban on cryptocurrencies causes a mild slump, but recovering from this FUD is not new for crypto as China’s motives come under the scanner. Chinese regulatory a...
Bitcoin News / Bitcoin.com - 2 years ago
Two Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment funds and insurance products using the new cu...
Cryptocoins News / The Cointelegraph - 2 years ago
Bank of Communications and China Construction Bank are working with fund managers and insurers to facilitate e-yuan payments for Chinese citizens. Government-backed Ch...
Cryptocoins News / NewsBTC - 2 years ago
The Chinese Central Bank Digital Currency (CBDC) is progressively spreading out to more users. This can be seen as 35 banks in China include the digital Yuan in their mobile apps. According to a local report, the digital RMB App reveals a recent addi...
Bitcoin News / Bitcoin.com - 2 years ago
The new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB, CNY) is becoming one of the world’s most important currencies, the People...