China’s Foreign Ministry responded to U.S. senators’ claim regarding the digital yuan’s function as a tracking and tracing tool during the 2022 Beijing Winter Games.
Read moreChina’s central bank says crypto gave impetus to the creation of its CBDC
A working paper released in English by the People’s Bank of China cites cryptocurrencies as an important context for the digital yuan’s development and reveals
Read moreChina Banned Bitcoin Mining. What Happens To Small Hydropower Stations Now?
This China Business News article about hydropower stations will blow your mind. It contains revelation after revelation and clears the situation up. Now that Bitcoin
Read moreBeijing subway now accepts digital yuan
Beijing’s rail transit service now accepts digital yuan for subway rides through an integration with the Industrial and Commercial Bank of China.
Read moreChina debuts blockchain-based digital yuan salary payments in Xiong’an
China reportedly implemented the country’s first blockchain-powered digital yuan transactions in the Xiong’an New Area.
Read moreAnt Group highlights private sector’s role in developing digital yuan
Major tech and commerce firms have been instrumental in helping China’s central bank develop the digital yuan.
Read more