Rise in Chinese Citizens Firms Using Digital Yuan to Pay Taxes
The adoption of China’s central bank digital currency (CBDC), the digital yuan, is gaining significant traction, with more Chinese citizens and firms utilizing.
Blockchain News
Blockchain News
Shaoxing Plans Major Digital Yuan Giveaway Ahead of Asian Games Showcase
The city of Shaoxing in China is gearing up for an Asian Games-themed digital yuan giveaway, aligning with the nation’s preparations for a.
Blockchain News
Bank of Japan Launches Discussions with 60 Companies for Digital Yen Pilot Program
Bank of Japan (BOJ) has initiated discussions with 60 companies to explore the development of a digital yen in a pilot program. This.
Blockchain News
Russian CBDC ‘to Roll Out in 2025’ – Could Banks Accelerate Digital Ruble Launch?
Experts in Russia believe that the country’s Central Bank will launch its digital ruble by 2025, with major banks expressing their eagerness to.
Blockchain News
As Digital Yuan Hype Fades, China Must Find Fresh Institutional Use Cases
China’s e-CNY, the digital yuan, had once captured global attention as central banks, journalists, and politicians closely monitored its implications. The People’s Bank.
Blockchain News
China Looks to Add Digital Yuan Functionality to Social Security Cards
China is exploring a groundbreaking development that could propel the adoption of its central bank digital currency (CBDC), the digital yuan. According to.
Blockchain News
China to Showcase Digital Yuan at Summer World University Games
China’s digital yuan, the central bank digital currency (CBDC), is set to make its debut on the international sports stage at the Summer.
Blockchain News
China Accelerates Digital Yuan Adoption Ahead of Asian Games
As the Asian Games approach, China is witnessing a surge in the adoption of digital yuan payments, with host cities introducing various options.
Blockchain News
American CBDC Will Spark Massive Transfer of Power From Citizens to Government: Florida Governor Ron DeSantis
Ron DeSantis, the governor of Florida, thinks that the introduction of a central bank digital currency (CBDC) in the United States would grant.
Crypto News
Hunan, China, Debuts Digital Yuan Loans for Small Businesses – Another CBDC First?
Hunan Province in China has taken a significant step forward in digital finance by launching new digital yuan loans for tech startups. This.