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Tag: e-CNY

US lagging on CBDCs could spell ‘trouble’ — Crypto Council policy head

A cryptocurrency researcher and former CIA analyst believes the United States government’s relatively slow start on Central Bank Digital Currency (CBDC) development may result...

China Announces Plans to Establish Blockchain Tech Research Center

The crypto biosphere is new on the horizon as China becomes a blockchain technology pioneer. While the United States fixates on taming the “rogue...

China Establishes National Blockchain Organization (Report)

The Chinese Ministry of Science and Technology reportedly approved the launch of the National Blockchain Technology Innovation Center.  It will be based in the...

CBDC Activity Subsidizes Consumption During Lunar New Year

Over the course of the Lunar New Year holiday, the Chinese central bank distributed an amount of its digital currency (CBDC) worth millions of...

Chinese Cities Introduce Digital Yuan Payments During the Spring Festival (Report)

Major Chinese cities, including Shenzhen, Jinan, and Lianyungang, have reportedly launched approximately 200 activities involving the digital yuan during the Spring Festival.  The authorities...

China Boosts Digital Yuan With Giveaway Worth Millions

China celebrates the Lunar New Year with special digital hongbaos. Many residents across the nation received the country’s Digital Yuan as a gift....

Local Officials Set Ambitious Targets for Digital Yuan Transactions

Local news site JS China reports that top Communist Party officials were present in the City of Suzhou on February 1 for an annual...

Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities

An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies....

Digital yuan sales during Lunar New Year up from last year, online retailers say

The transaction volume of digital yuan, China’s central bank digital currency (CBDC), during the Lunar New Year shopping season on JD.com, one of the...

India’s Billionaire Showcases Digital Rupee

Anand Mahindra, an Indian billionaire and a board member of the Reserve Bank of India, bought some pomegranates from a street vendor by paying...

Will Genesis meet its maker amid creditors closing in?

In this issueGenesis: End times?FTX: From the ashesDigital yuan: Smart moneyFrom the Editor’s DeskDear Reader,It’s ironic that one of the main attributes the digital...

China’s Central Bank Digital Currency (CBDC)

Improvements have been implemented into China's Central Bank Digital Currency (CBDC), often known as the digital yuan or eCNY. These upgrades have given the...

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