Chinese central bank exec aims for digital yuan retail expansion

2023-9-4 11:58

Changchun Mu, an executive from the People’s Bank of China (PBOC), stated that the digital yuan needs to be available in retail scenarios. According to the local source Paper, Mu explained at a trade forum in Beijing that the central… origin »

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Источник: Cripyo.news

retail yuan → Результатов: 12

Chinese online retail giant JD.com adopts digital yuan for salary payments

Chinese e-commerce company JD.com has upped its support for the country’s central bank digital currency.

2021-4-27 14:11
digital chinese upped e-commerce company bank currency

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Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention

Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has an uphill battle to take on Alipay and WeChat Pay.

2021-4-2 03:18
filecoin thinks pboc head bases chinese user

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How will dropping ETH-BTC spread affect Ethereum price?

With the latest updates, of Digital Yuan's testing and launch, and the US Presidential elections coming closer, retail traders’ attention is now on Bitcoin. In the previous price rallies, the trend The post How will dropping ETH-BTC spread affect Ethereum price? appeared first on AMBCrypto.

2020-10-28 21:30	Trading View
price dropping eth-btc spread affect ethereum bitcoin

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Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency

As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy.

2020-10-20 12:15
digital russia bank currency central ruble test

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Australia Doesn’t Need a Retail CBDC, Says Central Bank

Australia’s central bank is not buying into the growing call among several countries to float their own central bank digital currency (CBDC). With China already bootstrapping adoption of its digital yuan to millions of citizens, other countries are moving ahead to test their own experimental CBDCs.

2020-10-14 18:30
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China: CBDC Trial Focused on Retail Transactions

China’s central bank has stated that the trial of its developing central bank digital currency (CBDC) is currently limited to retail transactions, as against claims stating that the digital yuan was used for large transactions.

2020-8-24 23:07	PBoC
transactions digital bank china cbdc central trial

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China’s nationwide blockchain to add support for stablecoins

China appears to be in the final phases of testing its CBDC, digital yuan. The country recently expanded the tests to new cities, and its central bank revealed that the coin is only used for small retail transactions at this time.

2020-8-25 14:43	Cryptocurrency
china new revealed bank central coin cities

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Starbucks, Subway And McDonald’s Set To Test China’s Central Bank Digital Currency

Starbucks, Subway, and McDonald’s are among the 19 retail businesses that will be trialing China’s digital yuan in one of the country’s pilot program cities. Per reports, China has already started testing its digital currency in a real-world setting in order to improve the currency’s functionality.

2020-4-24 17:55	Starbucks
digital currency china starbucks subway mcdonald reports

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Will China’s Crypto Yuan be Used for Retail Payments or Mass Surveillance?

China’s blockchain drive has been about one thing: getting its people used to a state-backed crypto asset. The People’s Republic is determined to get its crypto yuan out as soon as possible and bankers have stressed that it will be for retail use.

2019-11-27 10:00	PBoC
crypto yuan china people retail used possible

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Former PBoC Head: China’s Digital Yuan Will Favor Payments and Retail

Longest-serving PBoC governor says China will continue to focus on its digital yuan as a mechanism for domestic retail systems and payment

2019-11-27 23:18	China
retail digital yuan pboc china mechanism systems

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China’s Digital Yuan Will Target Retail Payments First, Ex-Central Banker Says

Former PBoC head Xiaochuan Zhou says the digital yuan will enable retail payments first, but might need a different technical design for cross-border payments.

2019-11-27 21:15	Digital Yuan
payments says retail digital yuan need different

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China pushes Shanghai’s digital yuan model to national free trade zones

China is expanding its CBDC pilot program to its free trade zones.

China’s Industrial Bank rewards digital yuan spending with carbon credits

Industrial Bank (CIB) introduces carbon credit rewards for digital yuan use, promoting green finance and expanding the e-CNY ecosystem. The post China’s Industrial Bank rewards digital yuan spending with carbon credits appeared first on Crypto Briefing.

Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets

The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.

Digital yuan being dumped in favor of cash

While Beijing is trying to popularize its digital yuan, only a few seem to be ready to use it. As Chinese government employees, especially those in state-owned enterprises and governmental organizations, become early adopters of receiving their salaries in digital…

Standard Chartered to offer support for China’s digital yuan

Standard Chartered Bank has announced its upcoming participation in China’s digital yuan, also known as digital renminbi (RMB), with the pilot project set to commence on Nov. 27. The bank said it will provide customers with digital yuan exchange, redemption, and other services.

PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report

PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange.

China FX regulator supports CBDC amid monetary policy

A Chinese foreign exchange regulator official showed its support for the CBDC development, the digital yuan. Lu Lei, deputy administrator of the State Administration of Foreign Exchange (SAFE), explained to the CNA agency that some of the main features of…

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2023-9-4 11:58

retail yuan → Результатов: 12

2021-4-27 14:11

2021-4-2 03:18

2020-10-28 21:30

2020-10-20 12:15

2020-10-14 18:30

2020-8-24 23:07

2020-8-25 14:43

2020-4-24 17:55

2019-11-27 10:00

2019-11-27 23:18

2019-11-27 21:15

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