Many of the National Stadium retailers allowing purchases with China’s CBDC were outside the Olympics’ quarantine bubble for athletes, journalists, and staff.
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US Senator: China’s Digital Currency Could Subvert US Sanctions, Enhance Surveillance Capabilities
A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows,
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China’s Central Bank Digital Currency Now Has 261 Million Users — $14 Billion in Digital Yuan Transactions Made
China’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the People’s Bank of China (PBOC).
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Digital Yuan Wallet Ranks Among Most Downloaded Apps in China
The new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch.
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China’s Digital Yuan Wallet App Now in iOS and Android App Stores
China’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as
Read moreWhy Did China Ban Bitcoin Mining? Here Are The Seven Leading Theories
One of 2021’s biggest stories was the China ban on Bitcoin mining. On one hand, the news did affect Bitcoin’s price and gave ammunition to
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