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The Battle for Control: How Governments Are Responding to the Rise of Cryptocurrencies

Cryptocurrencies safeguard transactions and manage coin generation using encryption. They function autonomously from central banks and financial organizations. Governments worry.

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In Xiamen and Guangzhou, the digital yuan has been approved for use on buses and trains

The metropolises have joined a growing network of cities that accept China’s digital yuan, which can now be used to.

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Residents in three Chinese cities are using digital yuan to pay taxes and fees

Residents in three major Chinese cities have begun paying taxes, stamp duty, and social security contributions with the digital yuan,.

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China’s digital yuan pilot has been expanded to include tax, social security, and toll gates

China has expanded the number of cities covered in its digital yuan pilot project, which is now underway in the.

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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.

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Sberbank Receives Permission From The Russian Central Bank to issue digital assets

Sberbank was awarded a license to issue and exchange digital assets by the Russian Central Bank on Thursday. The announcement.

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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.

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In 2022, Guangzhou will progress digital yuan and blockchain experiments

Guangdong Province’s Government Report for 2022 predicts that Guangzhou. That’s, the province’s capital, will become a digital yuan testbed and.

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Last year, digital yuan transactions increased to $11.24 billion

The figures are in: historical digital yuan transactions totaled 87.565 billion yuan (US$11.238 billion) as of the end of 2021..

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