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.
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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.
- by Oladapo Hapostle
- March 16, 2023
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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.
- by Will
- May 9, 2022
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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,.
- by Will
- April 29, 2022
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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.
- by Will
- April 27, 2022
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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.
- by Will
- April 18, 2022
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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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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.
- by Will
- March 18, 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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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.
- by Will
- January 21, 2022
