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Billionaire Ray Dalio Believes Digital Yuan Could Become Global Reserve Currency; Could Run on Ethereum

According to billionaire investor Ray Dalio, the CBDC race seems to be heating up, and China may emerge a winner. Digital Yuan To Outpace Digital Dollar Bridgewater Associates founder Ray Dalio pointed out that China's digital yuan could serve as a threat to the continued dominance of the US dollar in the global marketplace. дальше »

2021-6-1 20:38


Ray Dalio: China’s Digital Yuan Will Overshadow the Digital Dollar

According to billionaire investor Ray Dalio, China’s digital Yuan will outpace the United States’ efforts to create a central-bank digital currency.  In an interview with CNBC, The Bridgewater Associates founder shared that when the United States issues its own CBDC, it will certainly have its uses and “be viable.” But according to him, it won’t […] дальше »

2021-6-1 06:03


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Digital Yuan Launch Draws Near: JD.com Employees Paid in e-CNY, Tencent, Ant, Mastercard Engage With PBoC

China, the world’s most populous country, has jumped leaps and bounds in comparison to a great number of other countries when it comes to the creation of a central bank digital currency. As each day passes, China’s digital yuan is seemingly getting closer to large-scale adoption, as big-name corporations like the e-commerce giant JD.com, Mastercard, […] дальше »

2021-5-5 22:00


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Major State-Owned Banks Promote Digital Yuan Over Alipay and Wechat Pay

Six leading Chinese banks are promoting the digital yuan as a better alternative to existing major payment providers WeChat Pay and Alipay, ahead of an upcoming shopping festival. Banks Push for Digital Yuan Usage for Shopping Festival According to Reuters on Monday (April 26, 2021), China’s major state-owned banks are pushing the use of theRead More дальше »

2021-4-26 23:00


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China Could Test Digital Yuan With Foreigners at 2022 Winter Olympics

A top executive of the People’s Bank of China (PBOC) revealed that it was planning to test its proposed digital yuan with foreigners at the upcoming 2022 Winter Olympics in Beijing.  International Trial for Digital Yuan According to CNBC on Sunday (April 18, 2021), Li Bo, deputy governor of the PBOC said that international visitorsRead More дальше »

2021-4-20 06:01


China Is Expanding Its Digital Yuan Trials to Include More Cities

Leading the race of central bank digital currency (CBDC), China's central bank has already tested the digital yuan in several cities, including Shenzhen, Chengdu, Suzhou, and Xiong'an. Still, there is no specific timeline for the CBDC’s official rollout, said central bank vice governor Li Bo in an annual gathering on Sunday of top Chinese and […] The post China Is Expanding Its Digital Yuan Trials to Include More Cities first appeared on BitcoinExchangeGuide. дальше »

2021-4-20 16:28


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US Government Concerned China’s Digital Yuan Could Threaten Dollar as the World’s Dominant Reserve Currency

The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand the implications of China’s central bank digital currency. Digital Yuan Could Be a Threat to US […] дальше »

2021-4-14 19:15