digital yuan

Policy

Digital yuan

China's CBDC Transactions Reach $14B as Uptake Slows: Report

Transaction volume in e-CNY has only increased by 14% in 2022 from the end of last year compared with the 154% growth recorded in the last six months of 2021.

By Jamie Crawley

Sponsored

Oct 13, 2022 at 10:45 a.m. UTC

Oct 13, 2022

Digital Yuane-CNYChinaCBDC

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Policy

China

China to Extend CBDC Trial to Most Populous Province, Guangdong, Three Others: Report

The People's Bank of China plans to extend the trial of its e-CNY digital currency to Jiangsu, Hebei and Sichuan as well as Guangdong.

By Jamie Crawley

Sponsored

Sep 20, 2022 at 11:23 a.m. UTC

Sep 20, 2022

ChinaCBDCDigital Yuan

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Policy

Digital yuan

China’s Digital Yuan Targeted in New Bill From 9 GOP Senators

The Say No to the Silk Road Act stems from not only the well-known privacy concerns around the Chinese CBDC, but also from worries it could be a tool to evade sanctions.

By Cheyenne Ligon

Sponsored

Mar 10, 2022 at 9:39 p.m. UTC

Mar 10, 2022

Digital YuanCBDCChina

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Markets

First mover

First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline

The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades.

By Amitoj SinghDamanick DantesJames Rubin

Sponsored

Mar 3, 2022 at 11:48 p.m. UTC

Mar 3, 2022

First MoverAsia PacificBitcoinEtherAltcoinsUkraineRussiaDigital YuanFederal ReserveInflationCosmosInternet ComputerEthereum ClassicSolanaCardano

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Policy

China

Sen. Toomey Sounds Warning About China’s Digital Yuan as Olympics Start

The country is using the Winter Olympics in Beijing as an international test of its central bank digital currency (CBDC).

By Nelson Wang

Sponsored

Feb 4, 2022 at 5:08 p.m. UTC

Feb 4, 2022

ChinaCBDCPat ToomeyTreasury DepartmentSenate Banking CommitteeDigital Yuan

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Layer 2

Predictions

10 2022 Predictions From PwC’s Henri Arslanian

El Salvador. The metaverse. Web 3 catalysts. Ethereum’s future.

By Henri Arslanian

Sponsored

Dec 24, 2021 at 4:02 p.m. UTC

Dec 24, 2021

PredictionsCrypto 2022ChinaEl SalvadorBitcoin MiningDeFiBankingMetaverseEthereumNFTsDigital YuanESGWeb 3.0Mergers

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Policy

Central bank

China, Hong Kong Enter Second Phase of Cross-Border Digital Yuan Trials: Report

Hong Kong banks and merchants have been testing the use of China’s CBDC.

By Eliza Gkritsi

Sponsored

Dec 9, 2021 at 8:49 a.m. UTC

Dec 9, 2021

Central BankPeople's Bank of ChinaHong KongPolicyDigital Yuan

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Policy

Cbdcs

Bank of China Reveals Machine That Converts Foreign Currency to Digital Yuan: Report

The machine requires a passport, but not a bank account.

By Eliza Gkritsi

Sponsored

Nov 8, 2021 at 7:46 p.m. UTC

Nov 8, 2021

CBDCsChinaShanghaiDigital Yuan

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Business

China

China’s CBDC Has Been Used for $9.7B of Transactions

Some 140 million people have opened wallets for the “eCNY.”

By Jamie Crawley

Sponsored

Nov 3, 2021 at 10:13 a.m. UTC

Nov 3, 2021

ChinaDigital YuanCBDCs

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Policy

China

China to Build Global Clearing Network for Mobile Payments, Using Digital Yuan: State Media

RMB internationalization is inevitable, wrote People’s Daily.

By Eliza Gkritsi

Sponsored

Aug 30, 2021 at 3:48 a.m. UTC

Aug 30, 2021

ChinaDigital YuanCBDCsPolicy

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