The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes
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China’s Yuan Continues to Depreciate Against Greenback, Real Estate Crisis Exposed 2 Decades of Accumulated Risk
China’s sovereign currency, the yuan, has slid significantly in value during the last few months as it has shed 8% against the U.S. dollar during
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Shanghai Cites Blockchain as Key Innovation That Can Power its Digital Economy
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Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’
Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps that enable transactions using China’s central bank digital
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Digital Yuan Giveaway: Shenzhen Residents to Receive 15 Million Yuan in Digital Currency
The Chinese government is giving away 15 million yuan in central bank digital currency (CBDC) to 130,000 residents of Shenzhen this Friday. The digital yuan
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China’s Central Bank Adds More Digital Yuan Pilot Cities
China’s central bank, the People’s Bank of China, has added more cities to test its digital currency. According to the latest official data, the digital
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