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digital yuan

New Chinese law further prohibits ICOs: report
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18 February, 2021

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.
The CoinGeek Pulse Episode 31: Tesla buys BTC, China digital red packets for Lunar New Year and blockchain powers recycling
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12 February, 2021

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
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12 February, 2021

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...
China’s latest CBDC airdrop
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4 February, 2021

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...
Shanghai, Beijing and other major cities plan large-scale digital yuan tests
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26 January, 2021

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...
China unveils first digital yuan physical card in Shanghai
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12 January, 2021

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...
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