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Digital Yuan Trial Hotspot Not Seeing Wide Acceptance, Claims Report
With digital yuan pilots underway in China, it seems the currency is not meeting government expectations. A recent report highlighted a series of interviews from people in the hotspot, reflecting a lackluster reception among the participants. дальше »
2021-5-11 23:00 | |
Euro’s Dominance at Risk of Replacement by Digital Yuan in the Next Five Years: dGen Report
The Euro might be overtaken by China’s digital Yuan as soon as 2025 if the European Union will not have launched a CBDC by then, highlights the latest research report by German-domiciled think tank, dGen. дальше »
2020-9-10 21:15 | |
Japan Speeds up CBDC Development as China’s Digital Yuan Advances
Top Japanese bankers and officials say digital currency development is a top priority now as the country “trails behind” China and South Korea in similar projects, according to a report by Japan Today. дальше »
2020-9-7 15:49 | |
The Digital Yuan May Launch With a Traceable Hardware Wallet
In an interesting twist–and perhaps another chess move by the Chinese central bank– is the revelation that the digital yuan may not only be stored using a “hot” wallet but a traceable hardware wallet activated by users submitting personal details as per a CoinDesk report on Sep 1. дальше »
2020-9-2 14:00 | |
Four Top Chinese State-Owned Banks Are Testing The Chinese Digital Yuan Project (DCEP)
In an unconfirmed report, four Chinese state-owned banks are gradually testing the ‘digital renminbi’ wallet app and Digital Currency/Electronic Payment (DCEP) system in different provinces across the country. дальше »
2020-8-8 16:17 | |
China’s Digital Yuan Set to ‘Displace’ Bitcoin and U.S Dollar; Report
China's Digital Yuan could challenge the U. S dollar and Bitcoin, according to a recent report by Bloomberg. The PBoC backed digital asset was piloted in April by the Agricultural Bank of China within four cities in the country. дальше »
2020-6-4 00:04 | |
Report: McDonald’s, Starbucks, Subway Likely to Trial China’s Digital Yuan
Popular restaurant franchises including Starbucks, McDonald’s, and Subway could be the first of the many companies that are reportedly being considered to test China’s central bank digital currency (CBDC) – the digital yuan. дальше »
2020-4-24 17:00 | |
People’s Bank of China Has Filed 84 Digital Payment Patents For CBDC’s: Report
According to the Chamber of Digital Commerce, China has filed 84 patents for the digital yuan, its new upcoming digital currency. The patents date to 2017 and are credited to the People’s Bank of China’s (PBoC) Digital Currency Institute. дальше »
2020-2-14 00:55 | |
Deutsche Bank Report: Digital Yuan Could Upset Global Power Balance, Plastic Will Die, Cash Survive
A new report from Deutsche Bank Research, Digital Currencies: the Ultimate Hard Power Tool, predicts that cash payments will remain for decades, but the emergence of digital payments “will lead to the death of the plastic card. дальше »
2020-1-29 10:25 | |
China’s Digital Yuan will “Certainly Erode the Dollar’s Primacy in the Global Financial Market” – Deutsche Bank Report
The latest research on “The Future of Payments,” by Deutsche Bank titled “Part I. Cash: the Dinosaur Will Survive … For Now,” talks about the existence of cash even though there would be a transition to the digital payments. дальше »
2020-1-26 22:39 | |
Facebook’s Libra could be both a yuan competitor, and a yuan enhancer
ANZ Research recently published its report on China’s de-dollarization, Libra and RMB globalization; a report which said that while China still allocates a high share of its foreign exchange reserves to USD (estimated at around 59% as of June 2019), it is likely to speed up the pace of diversifying into other currencies as time […] The post Facebook’s Libra could be both a yuan competitor, and a yuan enhancer appeared first on AMBCrypto. дальше »
2019-10-29 19:00 | |
Facebook’s Libra discloses full details of its basket of reserves; Chinese Yuan left out, claims report
Facebook’s Libra, which is gunning to launch in 2020 despite major pressure from regulators world over, has lifted the lid on its crypto-project and revealed the fiat currencies that would constitute Libra’s ‘basket of reserves. дальше »
2019-9-21 12:00 | |
Report: Libra Stablecoin Tied to Major Fiat Currencies, Excluding Yuan
Facebook has reportedly provided the U.S. Senate with details regarding the backing reserves for its Libra stablecoin
дальше »2019-9-11 01:50 | |
US and China Trade War May Be Driving Chinese Investors To Bitcoin (BTC)
The trade war between the United States and China is reaching new highs recently as the Chinese yuan keeps falling in value. Because of this, some signs that Chinese investors are starting to buy Bitcoin are starting to appear these days. дальше »
2019-9-7 21:16 | |
Huawei will reportedly release a phone with its own OS this year
Huawei hasn’t given up on its ambitious homegrown OS project. According to a report by Chinese media site Global Times, the company might release a phone running the HongMeng OS by the end of the year. дальше »
2019-8-5 09:36 | |
Report: Bitcoin Works as a Hedge For Economic Freedom
Grayscale Investments has released their latest research report, highlighting the importance of self-sustaining and uncontrollable money to stop governments from curbing a person’s right to move their own money. дальше »
2019-6-18 21:00 | |
Bitcoin Demand Will Surge if The Chinese Yuan Falls More: BitMEX CEO
As we reported the other day, evidence is purportedly mounting that Bitcoin and the Chinese Renminbi (RMB), known as the Yuan, are tied to each other. A report from the South China Morning Post recently noted that. дальше »
2019-5-25 07:00 | |
Is Bitcoin Price Really Connected with Chines Yuan? Evidence Found within Blockchain.com Data
There were have been some suspicions that Bitcoin and the Chinese Yuan are connected to each other in some way, but now, there is some evidence that this might actually be the case. A recent report revealed that just after the President of the USA declared tax changes on imports from China, Bitcoin started an […] дальше »
2019-5-20 23:46 | |
Bitcoin And China’s Yuan Are Inversely Correlated, Blockchain.com Research Says
BTC Spiked As The RMB Fell Evidence is purportedly mounting that Bitcoin and the Chinese Renminbi (RMB), known as the Yuan, are tied to each other. A report from the South China Morning Post recently. дальше »
2019-5-19 09:30 | |
As Supply Exceeds Demand, Mining Price War Ignites in Sichuan
This article was originally published by 8btc and written by Chloe Jiang. The former director of Bitmain’s mining farm, a leading bitcoin mining operation, once said the wet season may not be as much of a boon for miners as many thought. дальше »
2019-4-13 19:07 | |
Taiwan: FSC Says STO-Based Crowdfunding Mechanism Coming Soon
According to a report by local financial news outlet Taiwan Economic Daily, Taiwan’s Financial Supervisory Commission (FSC) has announced that it will establish a new mechanism to raise funds based on security token offerings (STOs). дальше »
2019-3-5 21:00 | |
China's Central Bank Wants to Put the Damper Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-5 22:04 | |
China's Central Bank Wants to Put the Damper on Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-7 22:04 | |
CnLedger Crypto News Report Says China Businesses Can Accept Bitcoin Payments Legally
The Chinese government is known to come down hard on anything they see as a threat to the nation. Bitcoin and other cryptocurrencies were no exception. The state had placed a blanket ban in the past in order to protect the Chinese Yuan. дальше »
2018-10-29 00:16 | |
Chinese Regulators Struggle to Halt Illicit Trading, Exchanges Switching Domain Names
The Chinese cryptocurrency ban is proving to be far more difficult for regulators to enforce than anticipated. The Central Bank of China released a July report announcing the success of the country’s cryptocurrency ban, stating that the influence of the Chinese Yuan on the cryptocurrency market—which previously accounted for 90 percent of global trading volume […] The post Chinese Regulators Struggle to Halt Illicit Trading, Exchanges Switching Domain Names appeared first on CryptoSlate. дальше »
2018-9-10 14:00 | |
Three Chinese Men In Custody Over $87M Cryptocurrency Theft
Police in China has detained three men suspected of pulling the country’s biggest ever cryptocurrency heist — worth 600 million yuan ($87 million). Theft is China’s Biggest: Reports As multiple outlets report quoting local news publication Huashang News on August 19, authorities concluded an investigation spanning almost six months into three men who allegedly hacked a computer for Bitcoin and Ether. дальше »
2018-8-20 12:00 | |
China’s Cryptocurrency Clampdown Turns Country Into A Bitcoin “Wasteland”
China was once the hub of the cryptocurrency movement. After a government crackdown in 2017, however, China has become a cryptocurrency “wasteland” according to a new report from Bloomberg. “Crackdown turns China from bitcoin’s epicenter to a wasteland,” reported Bloomberg earlier this week, citing stats like declining Yuan volume on cryptocurrency exchanges worldwide. The Chinese […] дальше »
2018-7-13 07:21 | |
Chinese Yuan’s Usage in Bitcoin Transactions Falls Dramatically After Regulatory Crackdown
A report from the Chinese news agency, Xinhua, has revealed that the Chinese Yuan’s share of bitcoin transactions has fallen dramatically following the Chinese government’s decision to impose a series of bans and restrictions on cryptocurrency trading and ICO fundraising in the world’s second largest economy. дальше »
2018-7-12 11:00 | |
Chinese Yuan Now Accounts for Less Than 1% of Bitcoin Trades, Says PBoC Report
Report: China’s central bank says the yuan now accounts for less than 1% of global Bitcoin trades, down from over 90% prior to the country’s crypto
дальше »2018-7-9 21:20 | |