China’s digital yuan, the Digital Currency/Electronic Payment (DC/EP) has gone through several rounds of testing by a selected sample of the public across four cities, and finally, banks will be…
This year marked a major milestone for the global financial technology industry with many notable events – Bitcoin just recently underwent its third halving, the emergence of China’s digital currency…
On May 5, the former Bank of China president Li Lihui took to a live broadcast to address his thoughts on the upcoming digital yuan. Firstly, the launch for the…
An official from the People’s Bank of China (PBOC) has stepped forth amidst the confusion and lack of available public information to provide greater clarification on what the DC/EP will…
China’s digital yuan is more commonly known as the DC/EP. Users can access the mobile application created by the ABC on both Android and iOS
The People’s Bank of China has finalized the functions of the digital Yuan and are now focusing their efforts on designing regulations for its circulation and use by the public.
U.S. Representative, Bill Foster inquired Jerome H. Powell, the Chair of the Fed, on the matter of US’s CBDC and to prepare for Digital Yuan
To counter the emergence of Digital Yuan, Japan’s Digital Yen should be implemented with 2-3 years, urging Japan’s government to accelerate the development.
Mu Changchun, Deputy Director of the People’s Bank of China (PBOC), has commented on China’s upcoming Central Bank Digital Currency (CBDC), comparing it to Facebook’s Libra.
"China's cryptocurrency will be similar…
People’s Bank of China has apparently decided which companies and entities will get to first use China’s Central Bank Digital Currency (CBDC), and the short list includes online retail giant…