New Chinese law further prohibits ICOs: report
With its new decree, the government is further seeking to stamp out cryptocurrency token sales completely, according to local reports.
Latest digital yuan News
The CoinGeek Pulse Episode 31: Tesla buys BTC, China digital red packets for Lunar New Year and blockchain powers recycling
This week’s top story on CoinGeek Pulse is Tesla’s recent announcement that it bought US$1.5 billion dollars’ worth of BTC.
Digital yuan rolls on as new tests announced in China
China’s plans for a central bank digital currency have taken further steps forward, with the roll out of fresh real-world trials.
China’s latest CBDC airdrop
The Chinese city of Suzhou has announced that it will be holding a $5 million airdrop of China's central bank digital currency the DC/EP.
Shanghai, Beijing and other major cities plan large-scale digital yuan tests
The accelerated testing phase comes after a successful year for the state-backed digital currency in which it was used in most major cities.
China unveils first digital yuan physical card in Shanghai
Unlike in Shenzhen, Beijing and Suzhou, the People’s Bank of China is expanding beyond the use of smartphones to make digital yuan payments.
China extends digital yuan test to Beijing as Shenzhen holds second lottery
China’s digital currency electronic payment has been in testing phase in locations including Shenzhen, Suzhou, Xiong’an New Area, and Chengdu.
Digital yuan not a replacement for the US dollar: ex-PBoC governor
China had learned a lesson from the hostile reception Libra, now Diem, has received globally, according to the former governor of the People’s Bank of China.
Suzhou residents make 20,000 digital yuan transactions on Double 12
Chinese residents in the city of Suzhou made close to 20,000 transactions in a digital yuan trial on e-commerce giant JD.com.
China and Hong Kong working on digital yuan cross-border payments
Hong Kong’s central bank has been working with China’s digital currency institute to trial the use of the digital yuan on cross-border payments.
China: ‘Embrace blockchain, ignore crypto’
Authorities in China are pressing individuals and businesses to embrace the potential of blockchain technology while ignoring the role of digital currency.
Russia central bank snubs private ruble-pegged stablecoins
The Chinese model for its digital yuan is a better template for Russia in exploring a central bank digital currency, central bank officials said.
