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
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.
Crypto News
Coinbase CEO Criticizes US Lawmakers, Regulators Over Regulatory Approach, Warns of Upcoming Innovation in China
Coinbase CEO, Brian Armstrong, recently expressed his criticism towards US lawmakers and regulators for their approach to cryptocurrency and their lack of “regulatory.
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.
Crypto News
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 about cryptocurrency threats.
Crypto News
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 recharge Guangzhou city.
Crypto News
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, the country’s central.
Crypto News
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 provinces of Zhejiang.
Crypto News
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 to focus on.
Crypto News
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 of the digital.