Category: digital renminbi
Jul 29, 2021 | BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, btcusd, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, China CBDC, Crypto News, digital renminbi, eCNY, ETHAUD, ETHBKRW, ETHBRL, ETHBTC, ETHBUSD, ETHDAI, ETHEOSDT, ETHEUR, ETHGBP, ETHHUSD, ETHJPY, ETHKRW, ETHMXN, ETHPAX, ETHRUB, ETHTRX, ETHTRY, ETHUSD, ETHUSDC, ETHUSDT, ETHUST, ETHZAR, News, Regulation News
Chinese central bank is all keen on internationalizing the use of the national currency Renminbi (RMB) in the international market, and its central bank digital currency is a key step in this direction. The PBoC is confident that promoting the use of e-CNY will make RMB the world’s third-largest currency in terms of trade, settlements,
The post China’s CBDC e-CNY a Certain Step to Internationalize the Use of Renminbi appeared first on Coingape.
China’s central bank deputy governor has said that its central bank digital currency (CBDC) trial now involves 10 million people.
The post China’s Digital Renminbi Trial Has 10M Eligible Users appeared first on BeInCrypto.
BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.
The post What Changed in Crypto Markets While You Were Sleeping — June 30 appeared first on BeInCrypto.
The Beijing Rail Transit has launched a pilot program that accepts the country’s CBDC for payments. The digital renminbi can now be used to pay for tickets on multiple railway lines.
The post Beijing Rail Transit Accepting Digital Renminbi Payments in Pilot Program appeared first on BeInCrypto.
Jefferies global head of equity strategy Christopher Woods recently published a research note talking about the recent regulatory action and China’s crackdown on cryptocurrencies. Wood said that amid the Chinese crackdown on crypto is more concerned with nullifying the competition to its own CBDC – Digital Renminbi – rather than the carbon footprint measures. “Certainly,
The post Jefferies: China’s Crypto Crackdown Is Only to Avoid Competition to Digital Reminbi appeared first on Coingape.
Hong Kong’s Financial Secretary spoke emphatically of the need for digital transformation and confirmed that the region will conduct technical tests using the CBDC next year.
The post Digital Renminbi Tests to Kick Off in Hong Kong Next Year appeared first on BeInCrypto.
Jun 2, 2021 | Beijing Winter Olympics, CBDC, Central Bank Digital Currencies, China CBDC, Chinese central Bank, Crypto News, digital dollar, digital renminbi, digital yuan, News, PBoC, Peoples Bank of China, Regulation News, U.S. Federal Reserve
After testing its Digital Renminbi use in some of the small cities, China is now planning a big CBDC giveaway for Beijing residents. The Chinese government has planned a 40 million renminbi ($6.2 million) lottery giveaway in form of digital currency. China has been conducting such programs for a while as it goes on to
The post China Plans A $6.2 Billion Digital Currency Lottery for Beijing Residents appeared first on Coingape.
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