Suzhou City Plans To Give Out 3 Million Yuan Worth Digital Yuan For New Digital Yuan Trial
The Chinese city of Suzhou is planning to give out digital yuan worth $3 million through a lottery as the ...
Tag: Digital Yuan
Huawei Mate40 Series To Include In-Built Hardware Wallet For Digital Yuan
The anticipated Huawei Mate40 smartphone will feature a digital wallet for China’s digital yuan. This was revealed in a post ...
Binance CEO Says Central Bank Digital Currencies Could “Threaten” Bitcoin
The CEO of Binance, Changpeng Zhao (CZ), said that the launch of central bank digital currency (CDBC) could "threaten" Bitcoin. ...
Shenzhen City To Give $1.5 Million Away As Part Of Digital Yuan Promotion
Shenzhen, a major Chinese city, is set to kick off a program for the digital yuan, which will give out ...
China Has Processed 1.1 Billion Yuan Worth Of Transactions In Ongoing CBDC Pilot Tests
The People’s Bank of China (PBOC) has already carried out 1.1 billion worth of pilot transactions using its central bank ...
China Debunks CBDC Rumours: CBDC Is Currently Only For Small Transactions
According to the People’s Bank of China (PBoC), the country will only be testing its digital yuan with small businesses ...
Crypto Complacency Could Set the U.S. Behind China, Says Ripple CEO Brad Garlinghouse
Ripple CEO Brad Garlinghouse has warned authorities in the United States, about the risk of losing out to China if ...
China Set To Begin Pilot Test Of CBDC With Major Banks And Telecom Firms
Months ago, China announced that its central bank digital currency (CBDC) was ready even though it didn’t specify a release ...
Chinese President Calls For Widespread Adoption of Blockchain In The Country
As China prepares to release its official digital currency, the president has spoken in support of blockchain technology, saying that ...
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