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Digital Yuan

China and Hong Kong working on digital yuan cross-border payments
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9 December, 2020

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’
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8 December, 2020

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
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7 December, 2020

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
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28 November, 2020

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...
Trump’s intelligence chief warns against China’s digital currency dominance
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27 November, 2020

Trump’s intelligence chief warns against China’s digital currency dominance

The United States’ intelligence community has raised concerns over China’s continued dominance in the digital currency space.
China’s Xi Jinping urges G20 to lay groundwork for CBDC adoption
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25 November, 2020

China’s Xi Jinping urges G20 to lay groundwork for CBDC adoption

China’s President Xi Jinping has called on G20 leaders to lay the groundwork for central bank digital currencies adoption by...
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