News about YUAN

News about Yuan

#China’s digital yuan could pose challenges to the U.S. dollar.

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Weekly Report: Digital Yuan concerns resurface as EU considers more strict crypto regulation

Here are the most exciting headlines from the cryptocurrency sector that you might have missed this week. A trio of Republican Senators demands banning of the digital Yuan for American athletes in the Beijing Olympics A group of Republican Senators w...

Shanghai Man: US senators tell athletes to avoid digital yuan, Chinese exchange volumes rebound … and more

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...

China Offers Medics Digital Yuan Insurance Policy for Covid-19

China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed to coronavirus risks, is offered by the country’s largest insurer...

US Senators Seek to Forbid American Athletes From Receiving and Using Digital Yuan During Beijing Olympics

Three U.S. senators have urged the United States Olympic & Paralympic Committee to forbid American athletes from receiving or using digital yuan during the Beijing Olympics. Raising many concerns, including privacy, they warned, “Olympic at...

Digital yuan pilots expand to insurance industry for the first time

China's central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death due to COVID-19. China'...

Digital Yuan wrecking ties between China and USA for Olympics 2022

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China wants US senators to ‘stop making trouble’ out of digital yuan

China’s Foreign Ministry responded to U.S. senators’ claim regarding the digital yuan’s function as a tracking and tracing tool during the 2022 Beijing Winter Games. T...

US Senators concerned about Digital Yuan use in the upcoming Olympics

Top Chinese government officials previously hinted that the Digital Yuan might be put into play in the Winter Olympics Yesterday, a group of three Republican senators sent an open letter to the United States Olympic & Paralympic Committee asking...

US lawmakers don't want Olympic athletes to use digital yuan at 2022 games

Three senators urged the Olympic committee to work with federal agencies "to protect the privacy of American athletes from the Chinese Communist Government." Three Uni...

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

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China Reveals Digital Yuan White Paper: Smart Contracts, $5.4B Settled, Large Transfers Traced

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Chinese Yuan available on Binance?

Can I buy Chinese Yuan direct from Binance rather than recomended https://yuancoin.site/ ? Is there a Binance equivalent to the Chinese Yuan? https://yuancoin.site/?clickID=&aff=x5hp&c=US&tid=102e113c61f724ca0931e1abc88a08&aff_id=1581...

China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report Reveals

China, which has arguably the most advanced digital currency project among leading nations, has so far handed out more than $40 million in red envelopes with digital yuan. The promotional campaign for the CBDC is currently focused on five major citie...

China Opens Digital Yuan Whitelist for Ten Million Citizens

The Chinese government is taking its digital yuan test one step further. Now, 10 million users will be able to test and use the currency after applying to join a whitelist in selected state banks. This new phase of the test aims to detect possible pr...

China’s digital yuan deploys at speed, leaving dust in its path

From being labeled impractical to nearing mainstream deployment, the digital yuan can transform the global economic landscape. With each passing day, the list of nati...

Chinese State Owned Banks continue to Push Centralized Digital Yuan with built in Surveillance Features, but Citizens do not show expected Interest

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Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan

In mid-May, a report stemming from residents in Shenzhen, China explained that the digital yuan wasn’t seeing widespread participation, which the Chinese government has alluded to in many press releases. Now a handful of China’s state-own...

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

Six of China’s top banks have tasked their employees with promoting digital yuan wallets to 200 to 300 people a year. Chinese banks have begun a hard sell of digital...

Beijing and Suzhou Railways Now Accept Digital Yuan Payments for Ride Fares

Beijing subway has officially launched a new program that allows passengers to pay for rides with the central bank digital currency (CBDC) also known as the digital yuan. The news follows the subway system in East China’s Jiangsu province in th...

Beijing subway now accepts digital yuan

Beijing's rail transit service now accepts digital yuan for subway rides through an integration with the Industrial and Commercial Bank of China. China continues expan...

ECB’s Villeroy calls for quick action amid Digital Yuan development

The Bank of France governor& Francois Villeroy de Galhau is the latest official to express his view on Digital Yuan’s impact to the current system China continues drawing scrutiny and criticism as it develops and tests its Central Bank Digi...

Over 3,000 ATMs in Beijing Offer Digital Yuan Withdrawals

Leading Chinese banks have introduced digital yuan withdrawals at more than 3,000 ATM locations in Beijing. Residents of the capital city will now be able to exchange their e-CNY funds for cash and vice versa. Some of the teller machines are located...

Over 3,000 ATMs in Beijing can now convert digital yuan into cash

The Agricultural Bank of China previously debuted digital yuan ATMs this January. China continues apace with the adoption of its central bank digital currency (CBDC) a...

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 circular issued by the Xiong’an government. The announcement details that Xiong’an subcontractors and buil...

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