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 comes less than.
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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 to demonstrate its.
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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 a blockchain innovation.
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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. That’s, according to.
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China’s digital yuan wallet is now available in beta on app stores
In China, a prototype version of e-CNY, China’s digital yuan mobile wallet. Also, it now live on iOS and Android app stores. According.
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China implementing blockchain-based salary payments
China is moving forward with Central Bank Digital Currency tests. The People’s Bank of China completed the Nation’s first on-chain wage payouts. Moreover,.
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Is Digital yuan a surveillance tool for the government?
According to Yao Qian, the People’s Bank of China director, China’s digital Yuan utilizing smart contracts. Moreover, it will be built to counter.
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CBDC could pose a threat to the financial system
The state-backed digital currencies can disrupt the financial systems. Though CBDCs can help Central banks to address the decline in cash payments, some.
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China’s ongoing development of the digital yuan
Hong Kong is about to expand Pilots for cross-border use of the digital yuan. According to the Hong Kong Monetary Authority, the first.
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Alipay is testing Digital Yuan
Alipay is all set to allow its users to test China’s digital Yuan. This China’s e-payment giant allows some of its users to.