The digital yuan, according to a former Chinese central bank chief, is intended for retail transactions
Former Individuals’s Bank of China governor Zhou Xiaochuan stated in a speech on Saturday that the digital yuan is intended.
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The Chinese official media is urging more people to use e-CNY
Economic Information Daily, a Xinhua News Agency affiliate publication, published an op-ed on Thursday outlining methods to accelerate the adoption.
- by Will
- April 15, 2022
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China’s Central Bank Expands the Number of Pilot Cities for the Digital Yuan
The People’s Bank of China (PBOC) said on Saturday that it is expanding the number of pilot cities where its.
- by Will
- April 5, 2022
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Fearing a government crackdown, China internet companies have removed NFT services
Because of a lack of regulatory clarity and a fear of government retaliation, China’s main social media platforms and internet.
- by Will
- March 21, 2022
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China is not threatened by the digital currency, according to the CEO of E-CNY
According to Mu Changchun, director-general of the People’s Bank of China Digital Currency Initiative, China does not expect the digital.
- by Will
- February 10, 2022
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Locals and foreigners alike are not drawn to China Winter Olympic Digital Yuan
On Friday of last week, China launched its domestic digital yuan at the 2022 Beijing Winter Olympics, in an effort.
- by Will
- February 9, 2022
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For Chinese New Year, there will be digital collectible gifts on the way
For the Chinese New Year holiday season, which begins on February 1, some mainland tech companies are releasing digital collectibles.
- by Will
- January 20, 2022
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Baidu’s metaverse welcomes a top Chinese university
After replicating its actual campus as a virtual university on Baidu’s XiRang platform. That’s, a prominent Chinese university has become.
- by Will
- January 17, 2022
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Wuhan promises to create the metaverse in order to help the Covid economy recover
Wuhan, a significant city in central China where Covid-19 first appeared. Of course, it has announced plans to embrace the.
- by Will
- January 17, 2022
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China Unicom, China’s largest telecommunications company, now takes digital yuan for phone bills
China’s No. 3 telecoms company has begun taking digital yuan payment for phone bills on its app. Thereby, marking the.
- by Will
- January 12, 2022