China will Launch its National Blockchain Platform Next Weekend
China is through with the development of its blockchain platform and plans to launch it on April 25. The platform, ...
Tag: PBOC
Blockchain Platform Facilitates Foreign Trade Worth Millions Among Chinese Banks
A recent report has revealed that some Chinese banks have successfully processed several million dollars worth of transactions via a ...
Central Bank of China Receives $4.7 Million For Blockchain Trade Platform
China is moving forward with plans for blockchain development. China’s apex bank, the People’s Bank of China (PBoC) will be ...
US Federal Reserve Board Member Hints At DLT Research With Focus On CBDC
Based on recent events, the idea of a digital dollar is no longer as alien as most might think. According ...
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 ...
25,000 Chinese Blockchain Companies Have Tried To Issue Tokens
According to Beijing Blockchain Application Association President Yedong Zhu, 89% of all blockchain firms in China have tried at some ...
U.S Federal Reserve Is Considering Floating Its Own CBDC
As the drive for cryptocurrency adoption presses on, many countries are looking to join the wave, by floating their own ...
China and Hong Kong Sign MoU To Create Joint Blockchain Trade Finance Platform
The Chinese government isn’t simply making pro-blockchain statements but is also backing them up with required action where necessary. According ...
China’s Cryptocurrency Will Be Released In Two Layers And Will Not Use Blockchain
According to a report published by Binance, the launch and distribution of the PBoC’s CBDC will be a two-tier system ...
Rumour of November Launch for Chinese Digital Currency is “Inaccurate Speculation”
Contrary to several reports in the media recently, China will not be launching its digital currency this November. This has ...
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