
Digital Yuan
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...
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...
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...
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...
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,...
Digital yuan trial coming to China’s Suzhou City
Beginning December, residents across the city will be the central bank digital currency in so-called “red packets,” with 50,000 packets...
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