2023-4-24 11:44 |
Personnel in public service, public institutions and state-owned units at all levels in the city will be compensated with the digital yuan.
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Changshu City in Jiangsu Province, East China, will begin paying all public sector personnel in e-CNY, better known as digital yuan, from May 2023
2023-4-24 18:24 | |
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In a bid to drive CBDC adoption, the Chinese government is pushing to pay more state employees in digital yuan. The post Public Sector Leads Transition to Digital Yuan Wage Payments appeared first on BeInCrypto.
2023-4-24 18:13 | |
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Toronto, Canada, April 14th, 2023, Chainwire Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve Wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX.
2023-4-14 12:32 | |
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Toronto, Canada, April 14th, 2023, Chainwire Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve Wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX.
2023-4-14 12:01 | |
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The PBoC assured the public that the digital yuan (renminbi) pilot is running steadily. The CBDC is currently expanding its pilot areas and undergoing more developments. The post Digital Yuan CBDC Pilot ‘Running Steadily,’ Affirms People’s Bank of China appeared first on BeInCrypto.
2023-1-5 10:36 | |
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China’s central bank digital currency, the digital Yuan or e-CNY, is well on its way for full implementation. The People’s Bank of China (PBoC) release a Whitepaper with details on their CBDCs for the first time since the project was made public.
2021-7-20 03:08 | |
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“The PBOC that is not criticized by the public will not withstand the test of history," the current head of the central bank says. Zhou Xiaochuan's legacy – the digital yuan – was sidelined, until it became necessary.
2020-12-9 20:59 | |
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Chinese e-commerce giant JD. com said on Saturday that its fintech arm, JD Digits will accept digital yuan as payment for some products. JD. com is China’s first virtual platform to accept the central bank digital currency, as part of an experimental giveaway of digital yuan to the citizens of Suzhou, according to the company’s post on […] The post Chinese e-Commerce Giant JD.
2020-12-7 17:35 | |
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In yet another crypto-related ban, China’s central bank is accepting public comments concerning a draft law that seeks to pave the way for the digital yuan. China’s 2017 ICO and crypto trading ban sent shockwaves across the market at the time.
2020-10-23 17:40 | |
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Coinspeaker Chinese Shenzhen Rolls Out 10M Digital Yuan in Public Giveaway ProgramThe aim behind the initiative is to allow the citizens to spend the digital yuan. According to Liao Qun, chief economist at China Citic Bank International, the program will spur consumption in Luohu district.
2020-10-12 10:56 | |
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China is promoting its central bank digital currency with a public $1.5 million giveaway.
2020-10-10 11:09 | |
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The Chinese Construction Bank (CCB) — one of the largest state-owned banks in China, unexpectedly disabled public access of the digital yuan wallet a few hours after a successful soft launch because the feature reportedly drew too much attention according to CoinDesk on Aug 29.
2020-9-1 15:00 | |
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China Construction Bank had quietly opened up the wallet service of China's digital yuan to public users – but has now disabled it shortly after the feature gained wide attention.
2020-8-29 10:43 | |
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A former Vice President of Bank of China has said that replacing the fiat RMB in circulation (M0) with a CBDC is the way to go on monetary policy. Wang Yongli, who is now the director of the Haixia blockchain research institute, shared these sentiments in an article posted on his public WeChat account. This […]
2020-8-3 15:14 | |
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China’s top police force Agency, from the ministry of public security, has arrested 27 key suspects deemed responsible for running the 40 billion yuan ($5.8 billion) Plus Token Ponzi Scheme. The arrest brings to 109 the number of people linked to the pyramid scheme after police investigations tracked down and arrested 82 more thought to […]
2020-7-30 17:41 | |
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Ever since its public announcement in June 2019, China’s digital yuan initiative has been closely tracked by the cryptocurrency industry. And as the first phase of testing begins in the... The post With the Dollar’s Days Numbered, Is There Room for a Digital Yuan? appeared first on Crypto Briefing.
2020-5-13 16:39 | |
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Bank of China officially replies to the public about the digital Yuan and says it will not cause inflation
2020-4-20 01:00 | |
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Central banks across the globe are now pondering on the question of issuing a central bank digital currency [CBDC]. Having started with Facebook's Libra and China's public embrace of blockchain last yThe post United States' fiat currency needs re-evaluation, in light of digital Yuan appeared first on AMBCrypto.
2020-3-31 11:30 | |
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Central banks around the world are assessing the benefits of issuing a state-controlled digital currency after China announced that it is close to launching its digital yuan and Facebook launching Libra.
2020-2-26 22:35 | |
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In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is not attractive for the U.
2020-2-13 16:50 | |
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Analysts state that Chinese banks are struggling under the weight of their bad loans, and in response, the public is turning towards alternative payment methods such as bitcoin. Four banks have been quietly nationalized over the last few years, they are Baoshang Bank, Bank of Jinzhou, and Heng Feng bank. It’s possible that the economic […]
2019-11-3 18:36 | |
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The newly appointed Chinese head of digital currency claims that the digital yuan will have some comparable traits to Facebook’s Libra currency and the public will be able to use it within various Chinese payment platforms namely WeChat as well as Alipay CoinDesk reports.
2019-9-6 20:12 | |
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This article was originally published by 8btc and written by Vincent He. Since May 1, 2019, bitcoin’s price has been rising, reaching a top of over $6,000. As the whole cryptocurrency industry was enjoying the rise, an unexpected hack put a stop to the rise of bitcoin.
2019-5-10 18:48 | |
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Grandshores Technology Group is a public company affiliated with a 10 billion yuan ($1. 5 billion) fund backed by the government of Hangzhou, the capital of China’s Zhejiang Province. It is known to be developing a new stablecoin, which is now expected to hit the market by February 2019.
2018-12-5 23:15 | |
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The Venezuelan government has opened up an exchange desk for the country’s national cryptocurrency at the headquarters of the Superintendency of Cryptoassets. According to the government, investors can now purchase the petro with a number of fiat currencies and cryptocurrencies.
2018-10-31 14:50 | |
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Nanjing, the capital of China’s Jiangsu province, has launched a 10 billion yuan ($1.48 billion) investment fund for blockchain development, ZDNet reports July 23. Nanjing unveiled the major new fund at the inaugural Industrial Public Chain Summit (IPCS), together with the Zhongguancun Blockchain Industry Alliance –– a Beijing-based alliance of enterprises and government research institutes.
2018-7-24 02:26 | |
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The city of Nanjing which is the capital of the Jiangsu Province in China, has committed to investing a total of 10 Billion Yuan ($1. 5 Billion) in a blockchain investment fund geared at promoting public blockchain projects and the general token economy.
2018-7-23 20:42 | |
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In an attempt to stem growing enthusiasm for cryptocurrency trading among the Chinese public, the Chinese government has been cracking down hard of cryptocurrency traders and speculators, banning cryptocurrency exchanges and outlawing ICOs.
2018-7-10 20:00 | |
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His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.
Nigeria’s communication ministry said the Code Clubs will introduce young participants to coding and digital technology and encourage them to deploy creative problem-solving in their everyday lives.
According to official data available publicly, the state of Maine currently holds over $328 million in unclaimed property.
New blockchain-based apps like Truflation could be a “healthy development,” given that gauging inflation is more art than science.
From the growth of AI assistants to the rise of generative AI, here are some key trends that are expected to grow over the coming years.
From the growth of AI assistants to the rise of generative AI, here are some key trends that are expected to grow over the coming years.
Governmental and institutional cryptocurrency adoption has been a topic of significant debate and speculation in recent years. As we stand in 2023, it’s clear that the landscape is evolving rapidly, but the finish line is still somewhat distant.