Financial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the upcoming tests, the city
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Shanghai to Hand Out $3 Million in Digital Yuan Lottery
As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among
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Beijing to Disperse $6 Million in Digital Yuan in a Red Envelope Lottery
China’s central bank digital currency (CBDC) continues to gain further ground as the Beijing Local Financial Supervision and Administration Bureau revealed 40 million worth of
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Digital yuan conceived to counter Alipay-like platforms, says former PBoC executive
Chinese “crypto dad” and ex PBoC director Yao Qian insists digital yuan is not a surveillance tool for the government.
Read moreWhy ‘Digital Fiat’ Is The Main Threat to Bitcoin – Should You Still Invest in Crypto?
The recent gains in Bitcoin and the wider crypto market have shown that there is a future for digital currencies and that they could be
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‘Chinese Invented Paper Money and They Will End It’- Brazil’s Far-Left Praises Digital Yuan
Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.” The praise comes from a publication associated with one
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