TL;DR Breakdown Bahamas gets residents to sign-up for CBDC The edge sand dollar has over digital yuan John Rolle, Governor of the Central Bank of the Bahamas, has said that the country has continued to push for a national digital currency (Bahamas CBDC) adoption this summer. For now, the governor notes that the goal is […]

Alibaba’s Ant Group has partnered with PBoC to support e-CNY. It will be an excellent move for the country towards pushing for the adoption of [...]

The rapid development of China's CBDC is going ahead as PBoC and Alibaba's affiliate - Ant Group - revealed a mutual deal to develop an e-CNY.

Five pilot programs will gather data on a digital dollar in the United States over the next 12 months.

Alibaba to provide support for China’s Central bank and its Digital Yuan project according to a report by VOA news as we can see more in our latest crypto news today. Alibaba Group’s affiliate Ant Group signed a partnership with People’s Bank of China and the partners will work to build a platform for the […]

The pilots will be launched over the next 12 months.

Since the outbreak of the coronavirus in its central city of Wuhan, China became a target of blame by the world. While Beijing hosts the 2022 Winter Olympic Games next February, it is doubted that many will visit the Asian country. This puts the plan to present the digital yuan to the world at stake.

Per a report by VOA News, Alibaba Group’s affiliate Ant Group has signed a partnership with the People’s Bank of China. The partners will work to build a platform for the country’s central bank digital currency (CBDC). VOA quotes the Chinese state media Global Times. The Digital Yuan, also know as Digital Renminbi or e-CNY, […]

Here’s what crypto and blockchain experts from China think about the role of emerging technologies in the future of finance.

Stablecoins backed by fiat and other assets are increasingly gaining popularity, with many more solutions being brought onto the market each year.