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State-Owned Chinese Bank Launches Digital Yuan ATM Trials In Shenzhen
According to a local news website, Shenzhen Special Zone News, one of China’s largest state-owned banks, the Agricultural Bank of China, is launching digital yuan ATMs in Shenzhen. The ATMs will be released in select branches in Shenzhen, allowing users to convert cash or bank savings into the digital yuan seamlessly and back to cash. дальше »
2021-1-11 17:43 | |
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Chinese Bank Trials Digital Yuan Services at ATMs: Report
Trials of China's central bank digital currency continue, with ATMs now starting to be used in Shenzhen. дальше »
2021-1-11 15:49 | |
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Shenzhen Airdrops $3 Million Worth of Digital Yuan in Third CBDC Test
Popular Chinese city Shenzhen’s government had announced on New Year’s Eve that their plan to distribute $3 million worth of digital yuan to local residents, in China’s third Central Bank Digital Currency (CBDC) tests. дальше »
2021-1-6 20:00 | |
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China moves closer to nationwide digital currency launch
The Shenzhen government has given away $3 million worth-of Digital Yuan as it conducts… The post China moves closer to nationwide digital currency launch appeared first on Coin Journal. дальше »
2021-1-5 16:06 | |
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China’s Digital Currency to Roll-Out In A Second City After Successful Trials In Shenzhen
On Monday, local Chinese media The Paper reported that the district of Suzhou in Xiangcheng would launch a lottery to give away the country’s central bank digital currency (CBDC) in a bid to test the real-use cases of the digital currency. дальше »
2020-11-23 20:50 | |
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Suzhou Becomes the Latest City in China to Introduce Digital Yuan
According to reports from BTC in China, the city, just to the west of Shanghai, will be the second to roll out what’s being called a “red envelope” trial for the forthcoming digital yuan. Plans for Suzhou come on the heels of a pilot scheme run in Shenzhen last month. дальше »
2020-11-24 16:34 | |
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$1.3M in Chinese Digital Yuan Were Spent In The Largest DCEP Test Run in Shenzhen Province
China is on the verge of completing trials and pilot programs for its national digital currency for the Yuan, which they are calling DCEP. The CBDC, which has been under development for over half a decade, is currently being put to the test through various government subsidies and as a form of payment in selected […] The post . дальше »
2020-10-22 21:56 | |
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China Trials Its Central Bank Currency, The Digital Yuan, In Shenzhen’s Gas Stations
China’s Central Bank assists Shenzhen citizens in using its digital currency as payments to refuel their motor vehicles. The community in the tech hub of China (Shenzhen) received $1. 5 million in digital Yuan, airdropped to gear up the project, 11 gas stations are now accepting digital currency as payments, reported Economic Information Daily. дальше »
2020-10-18 17:41 | |
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China Awards Shenzhen Residents with 200 RMB in its DCEP to Spend and Test Out Locally
China is forging ahead with the latest testing of its digital currency electronic payment (DCEP) that is awarding lottery winners tickets in Shenzhen with 200RMB (30 USD) in DCEP to test out and spend locally. дальше »
2020-10-13 21:30 | |
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China Trials Central Bank Digital Currency with $1.5 Million in Handouts
China continues to push on with its central bank-issued digital currency trials. The latest initiative saw 50,000 citizens receive the digital yuan to use at real-world retailers. The government of the tech hub region of Shenzhen sent out a total of almost 10 million yuan (~$1. дальше »
2020-10-14 14:36 | |
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Chinese Shenzhen Rolls Out 10M Digital Yuan in Public Giveaway Program
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. дальше »
2020-10-12 10:56 | |
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Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency
A major Chinese city is giving away 10 million yuan in the country’s central bank digital currency this weekend. Recipients can use their digital yuan at 3,389 stores next week. The city aims for the giveaway to boost usage of the new government-backed digital currency. дальше »
2020-10-10 17:15 | |
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Shenzhen has a new plan for promoting digital yuan
As China continues down the path to issuing its own CBDC across the country, some of its regions are already prepared to help contribute in any way they can. Shenzhen, for example, recently revealed a new program that will see it issue 10 million yuan ($1. дальше »
2020-10-10 14:32 | |
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China to distribute $1.5 million worth of CBDC to Shenzhen residents
In collaboration with the Peoples Bank of China (PBOC), Shenzhen plans to distribute $1. 5 million worth of its Central Bank Digital Currency (CBDC) - the digital yuan. Adopting a promotion strategyThe post China to distribute $1. дальше »
2020-10-9 14:00 | |
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China to Stress Tests Its DCEP With High Volume Transactions; See If It Can Handle the Load
Chinese local news reports indicate China’s digital RMB test runs are currently ongoing in Shenzhen and Suzhou in Jiangsu province. The tests are currently limited to non-complex use cases such as retailing, catering, and topping up transport cards. дальше »
2020-8-21 21:36 | |
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China CBDC Trials Coming to Beijing and 27 Other Cities
China’s accelerated central bank digital currency (CBDC) plans are set to reach another milestone with tests scheduled for Beijing and 27 cities in the country. These new digital currency electronic payment (DCEP) trials will join other public pilots already ongoing in cities like Shenzhen and Suzhou. дальше »
2020-8-15 17:34 | |
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China’s Digital Yuan Will Go Live in Hong Kong’s Greater Bay Area
China’s ambitious digital currency project, the so-named digital yuan or DCEP, will see test runs at Hong Kong’s Greater Bay Area in the coming weeks, according to local reports on August 12. Greater Bay Area to Benefit The Greater Bay area – an amalgamation of Hong Kong, Shenzhen, and Macau – is a $2 trillionRead MoreRead More. дальше »
2020-8-12 13:07 | |
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China’s State Banks Test Digital Wallet App for CBDC Payments
China’s state-run commercial banks are conducting large-scale internal testing of a digital wallet application in preparation for rolling out a central bank digital currency (CBDC). Employees at state-run banks in cities including Shenzhen have started internally testing an app that will be used for transferring money and making payments, a Reuters report stated. дальше »
2020-8-7 14:25 | |
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China's PBoC announces test-launch of DC/EP model in Shenzhen, Suzhou
After announcing its support for a state-backed digital asset back in August, China's proposed CBDC is edging closer to becoming a reality and becoming a part of the country's financial ecosystem. дальше »
2019-12-9 13:00 | |
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People’s Bank of China Is to Try Out Its New Digital Currency in Two Cities
Coinspeaker People’s Bank of China Is to Try Out Its New Digital Currency in Two CitiesThe People's Bank of China is preparing for testing its digital currency in the cities of Shenzhen and Suzhou. дальше »
2019-12-9 11:48 | |
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China Digs Deeper into Digital Banking with Blockchain Investment Fund Launch
As the price of bitcoin drops back down to $8,300 level for the first time since October 25th, the Chair of the Shenzhen’s HDFH, which stands for the Hande Financial Technology Holdings, has made an announcement at the today’s second China International Import Expo event. What he had to say in his speech is that […] дальше »
2019-11-19 01:54 | |
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China Launches Digital Bank Consortium Blockchain Investment Fund
A fintech company in China has launched a global digital bank consortium blockchain investment fund with the aim of creating a leading digital bank. China Turning Digital Cao Tong, Chair of Shenzhen’s Hande Financial Technology Holdings Co. дальше »
2019-11-19 20:01 | |
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China: Digital Currency Experiments and Research to be Headed by Shenzhen
Shenzhen will be the testing grounds for China’s fascinating digital currency ambitions, this according to a central government document. As reported by Beloit Bulletin, September 30, People’s Bank of China (PBoC) plans to launch a significant research effort pertaining to the development of China’s national digital currency and others with hopes of fostering significant urbanRead MoreRead More. дальше »
2019-9-30 19:00 | |
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China’s State-Backed Cryptocurrency: ‘Gaining Momentum’ Or ‘Inaccurate Speculation’?
China’s Government and Central Bank just can’t seem to align on the proposed central bank digital currency (CBDC). On Tuesday, government-supported tabloid, Global Times, reported that the Central Bank called speculation on an upcoming launch ‘inaccurate speculation’. дальше »
2019-8-29 14:00 | |
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China’s Shenzhen Special Economic Zone Now Backs Digital Currency Research
The Chinese Communist Party has included a mandate for digital currency research in a new set of guidelines on the scope of the Shenzhen Special Economic Zone. According to AMBCrypto the Shenzhen Special Economic Zone will carry out pilot reforms of market access and regulatory system mechanisms, start a more flexible and prudent as well […] дальше »
2019-8-19 04:46 | |
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China’s Shenzhen special economic zone will now support digital currency research
The special economic zone of China located in Shenzhen province will now support research on digital currencies as reported by a local daily. China has been ambivalent on cryptocurrency, where they had earlier banned exchanges from operating in the country. дальше »
2019-8-18 15:21 | |
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Shenzhen Adopts Blockchain Technology for Transportation
In a bid to reduce the cost of printing paper invoices and promote transparency in its transport system, the Shenzhen tax bureau has joined forces with leading Chinese conglomerate Tencent Holdings to launch a blockchain-based digital invoicing system, reports ChinaDaily on March 19, 2019. дальше »
2019-3-20 13:00 | |
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VeChain introduces its Digital Carbon Platform while competition orchestrated a FUD against FunFair
China lifting the Bitcoin ban is fake news A couple of days ago we saw multiple reports come through claiming that China has lifted its infamous “Bitcoin ban”. The reports came out after Shenzhen Court of International Arbitration recognized Bitcoin as “a legal asset to be owned, transferred and utilized as a medium of payment […] The post VeChain introduces its Digital Carbon Platform while competition orchestrated a FUD against FunFair appeared first on CaptainAltcoin. дальше »
2018-11-10 22:59 | |
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Chinese Court Rules in Favor of Bitcoin, Calls Crypto Transactions Legal
After a year of the Chinese authorities effectively outlawing cryptocurrency and related activities in the country, a Chinese court has now ruled in favor of Bitcoin. While hearing a case involving digital currencies, the Shenzhen Court of International Arbitration said that owning and transferring Bitcoin is not forbidden by Chinese law. дальше »
2018-10-30 18:59 | |
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China Issues First Tax Authority-Approved Invoice on Blockchain
The first tax authority-approved digital invoice on the blockchain has been issued in Shenzhen, as part of a pilot ecosystem co-developed by Tencent and Chinese authorities
дальше »2018-8-10 20:02 | |
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