2020-10-10 13:25 |
China might gain control over global CBDC standards, a Japanese official warns.
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An official for China’s central bank unveiled usage statistics of state-backed digital currency trials held in three Chinese cities.
2020-10-7 01:03 | |
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China Construction Bank, one of the central state-owned banks in China, recently realized that the official wallet for the national CBDC is open for public use within its official banking app. The users could navigate to the wallet by merely entering the national digital currency, which would take the users to the wallet feature where […] The post China Construction Bank Disables Chinese DCEP Wallet After Users Notice Feature in Bank App first appeared on BitcoinExchangeGuide.
2020-8-31 18:36 | |
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China’s digital currency program is set to expand to its capital Beijing and other major cities including Tianjin, Hebei, Guangdong, Yangtze River Delta as well as Hong Kong- Macau Greater Bay Area. According to an official announcement made by China’s commerce ministry, the digital RMB pilot programs will be led by the Chinese Central Bank, […]
2020-8-15 01:23 | |
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The latest official statement from China’s Commerce Ministry seeking to comprehensively deepen pilot tasks, highlight specific measures, and specify the division of responsibilities for the innovative development of service trade reveals that more cities in the second-largest economy will pilot the digital yuan.
2020-8-15 01:00 | |
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BSN, a Chinese government-backed blockchain platform, has just launched its official international website. The post China’s BSN now features live integration of—Ethereum, EOS, Nervos, Tezos, and NEO appeared first on CryptoSlate.
2020-8-11 13:00 | |
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China’s first government-backed blockchain initiative has just launched an official international website.
2020-8-10 10:48 | |
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China’s central bank digital currency could be inching closer to its official launch, as some top state-run commercial banks in the country are reportedly trialing a digital wallet for the national digital currency.
2020-8-7 23:07 | |
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Russian billionaire, Pavel Durov, released his official note on U.S. President Trump’s latest calls to ban Chinese affiliated social media app, TikTok, from the country. The Telegram CEO says the act of banning the social app, with over 800 million users, will set a precedent that may end up killing the internet. China has been […]
2020-8-6 15:25 | |
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The comments mark a shift in priority for Japan as it seeks to counter the economic threat from regional rival China.
2020-7-29 14:32 | |
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As the official Telegram Open Network is being prepared to shut down on Aug. 1, global TON technology projects continue progressing.
2020-7-28 15:48 | |
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A Chinese official indicated that crypto will inevitably be part of the digital capital market.
2020-7-8 02:51 | |
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Enterprise-grade, scalable blockchain network IOST today announced that China’s first national blockchain consortium, the Blockchain Service Network (BSN) has selected the Shanyiou Charity Information Publicity Platform under IOST’s Enterprise Arm – Aiou Technology – as its Official Designated Application.
2020-7-2 16:47 | |
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A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency.
2020-6-22 13:50 | |
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As the official TON team transfers the TON development to “free source community,” the Chinese TON Community launches their own TON network.
2020-5-29 15:22 | |
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The People’s Bank of China has reiterated that the Digital Yuan is still at the testing phase and there is no set timetable for the official launch The Governor of the People’s Bank of China (PBC) Yi Gang has reportedly told a panel at a meeting that the country’s move towards launching a central bank-issued […] The post PBC Governor says China has no launch timetable for the Digital Yuan appeared first on Coinjournal.
2020-5-27 20:07 | |
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The governor of the People’s Bank of China (PBOC) Yi Gang, has put a damper in the general idea that China will launch its national digital currency soon. According to Gang, there is currently no plan at all for an official launch of a digital yuan.
2020-5-27 19:19 | |
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China’s response to the ongoing coronavirus pandemic remains mixed. Some laud the early lockdown that helped in curbing spread, while most countries criticize the underreporting of cases. In such scenarios, blockchain technology can help, notes a Chinese official.
2020-5-25 17:07 | |
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RippleNet member and fintech platform NIUM is in the news today after it announced a partnership with a payment technology company, Geoswift. According to the official press release, this deal would eThe post RippleNet member NIUM expands into China with latest partnership appeared first on AMBCrypto.
2020-4-21 10:25 | |
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China will begin including asymptomatic coronavirus cases in its official count from Wednesday which could trigger a big spike in the data. The post Why China’s Coronavirus Numbers are About to Explode in April appeared first on CCN.com
2020-3-31 15:38 | |
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Bank of China, a Chinese central bank, is continuing with its anti-crypto campaign, this time the bank has issued a long post in its official WeChat account lashing on crypto exchanges. According to Cointelegraph, the post which was released on March 22 is titled “3.
2020-3-24 20:42 | |
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Home to 788 blockchain companies, Hunan province in central China is about to open its first official blockchain zone
2020-3-5 01:07 | |
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The Digital Currency Research Institute within the People’s Bank of China has issued a statement further complicating our expectations for blockchain adoption in the country. There has been consistent media buzz surrounding China’s reorientation towards blockchain as an official state policy.
2020-2-22 11:18 | |
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China has increased efforts to censor access to international coverage of the coronavirus despite official claims the situation is improving. The post Why Is China Increasing Censorship If The Coronavirus Is Under Control? appeared first on CCN.com
2020-2-18 00:00 | |
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A senior Japanese lawmaker said that the country should release its digital yen in two to three years
2020-2-10 11:45 | |
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A lot of people wonder about China’s CBDC. Little information has come to light so far, yet new details continue to trickle in over time. In the most recent update, some of the suspicions have been confirmed by official sources.
2020-1-31 01:00 | |
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A former senior official with the People’s Bank of China (PBoC) believes the nation should join a global conversation about regulating stablecoins, with a particular focus on the Libra stablecoin.
2020-1-29 00:00 | |
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China adopts crypto law two months after official approval as digital currency plans continue to evolve
2020-1-2 18:30 | |
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Matrix AI Network, a provider of artificial intelligence (AI) technology powered by blockchain, announced it has entered into a strategic partnership with Theme Tech Inc. , a Beijing-based company and the official service provider of China Air Traffic Management Bureau.
2019-12-27 22:52 | |
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China is about to broaden the scope of its blockchain pilot in cross-border financing, Reuters reported Tuesday, citing a government official. Besides, China might reform the foreign exchange regulation to deal with cryptocurrency.
2019-12-24 14:30 | |
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An official at China’s central bank says that the digital form of the yuan will be different from Bitcoin and stablecoins
2019-12-24 02:55 | |
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China’s new sovereign digital currency would not be open to speculation like other cryptocurrencies, said a Chinese central bank official on Saturday. Mu Changchun, head of the People’s Bank of China’s digital currency research institute said it would be a “digital form of the yuan” that wouldn’t need the backing of a basket of fiat […]
2019-12-23 19:11 | |
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The PBOC official that is in charge of creating the DCEP, says it will not be backed by physical assets or fiat currencies, making Chinese investors are disappointed
2019-12-23 14:05 | |
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According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket for backing, Changchun affirmed.
2019-12-23 10:21 | |
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Nintendo Switch to launch in China next week. Tencent named as official… The post $400 Billion Tencent Spearheads Next Week’s Nintendo Switch China Launch appeared first on CCN.com
2019-12-4 13:13 | |
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The administrator of the famous cryptocurrency exchange OKEx, the OK Group, has decided to set up a new digital asset trading lab, which will be located on Hainan Island, in China. The lab is set to help in the research and development (R&D) of the company’s new blockchain products.
2019-12-4 01:07 | |
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Towards the end of October, China's Xi Jinping shook the crypto-space after he publicly came out in support of blockchain. The implications of this announcement were significant, with many cryptocurreThe post Blockchain will change the system of digital finance, claims Chinese official appeared first on AMBCrypto.
2019-12-2 22:30 | |
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The Government of India has announced a framework to support the development and integration of blockchain technology (The National Level Blockchain Framework). Blockchain will be used in several sectors of the Indian economy.
2019-11-29 13:27 | |
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Some 25,000 Chinese companies have tried to issue their own tokens over the past few years, a new report authored by five government agencies claims.
2019-11-26 13:00 | |
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The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday. Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new technologies applied across the financial […]
2019-11-22 09:00 | |
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Mu Changchun, the Deputy Director of the People’s Bank of China (PBoC) has taken to De Dao, a popular Chinese education app to enlighten the masses on cryptocurrencies, including Facebook’s Libra altcoin and China’s Digital Currency Electronic Payment (DCEP) system, reports Forkast on November 18, 2019.
2019-11-18 20:00 | |
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The PBoC (People’s Bank of China) was recently forced to release a statement indicating that its much anticipated digital asset was still in its testing stages. This news comes during a time when there are online reports insinuating that dates had already been set for the official launch of the stablecoin. DCEP or the Digital […]
2019-11-15 22:47 | |
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The crypto asset known as Tron, has had its official Weibo account banned from the social media platform. Could China be starting its crackdown on cryptocurrencies, now that the country is close to launching a cryptocurrency of its own, the DCEP? Tron and Binance Weibo Accounts Shut Down for Violating Law According to Chinese crypto.
2019-11-16 22:00 | |
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A few weeks after Chinese President Xi Jinping praised blockchain, a local military newspaper hinted that Chinese soldiers could be rewarded in crypto for their loyalty and good performance. Chinese Soldiers Might Get Rewards in Crypto The South China Morning Post cited PLA Daily, the official newspaper of the People’s Liberation Army, as saying that the Chinese army would drive innovation by implementing blockchain.
2019-11-14 15:51 | |
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Soldiers from China could start to receive crypto rewards soon, according to the South China Morning Post, a prominent Chinese media outlet. The information comes from an official military source, the PLA Daily.
2019-11-14 00:55 | |
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Despite having a longtime ban against cryptocurrency, the People’s Bank of China recently decided to research the use of digital currency for themselves. While there have been multiple news reports stating that the central bank has already issued digital currency, the PBoC has stated that the claims are “fraudulent.” Instead, the official statement from the […]
2019-11-14 23:14 | |
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The People’s Bank of China addresses rumors about its digital currency launching in Q1 2020. Speculations mount about the government-backed cryptocurrency. A few details are known about the upcoming digital renminbi.
2019-11-14 12:53 | |
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While the US drags its regulatory feet and gets bamboozled by bureaucracy, China forges ahead and could launch its own digital currency within a few months. Crypto Yuan Nearing According to a central bank official, China’s planned crypto yuan is not all about spying on its citizens.
2019-11-13 08:53 | |
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China's proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said.
2019-11-13 20:15 | |
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The official state-run press agency of the People’s Republic of China, Xinhua News Agency, cited Bitcoin in one of its latest reports as “the first successful application of blockchain technology.
2019-11-12 20:47 | |
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The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan.
A shift in the digital currency environment may occur due to Russia's latest decision to utilize the Chinese yuan instead of the U.S. dollar in trade settlements with nations in Asia, Africa, and South America.
Recent events in China indicate the country’s paradigm shift concerning digital currency. The digital yuan (e-CNY) is gradually forming a significant part of the Chinese currency through its rapid development.
The 13.61 billion e-CNY represented roughly 0.13% of the 10.47 trillion yuan in circulation at the end of 2022.
Amid the ongoing global CBDCs adoption, China proposes an Asian-wide digital currency to reduce the continent’s economic reliance on the US dollar. USD is unquestionably the most widely used international currency.
PBoC deputy governor Fan Yifei said expanding e-CNY trials to the provinces of Guangdong, Jiangsu, Hebei and Sichuan would happen "at a proper time."
In contrast to many other nations, China has adhered strictly to a zero-COVID policy, resulting in the repeated shutdown and closure of non-essential enterprises in key financial centres such as Shanghai.