e-yuan
People's Bank of China Seeks to Prohibit the Creation of Digital Tokens
The People’s Bank of China (PBOC) is calling for public opinion or feedback in line with its plans to revise its extant banking laws
Tether Launches Stablecoin Backed by Offshore Chinese Yuan
Reported in late August, Tether had made plans to add a new stablecoin pegged to the Chinese Yuan, named “CNHT.”
Russia’s E-Voting Blockchain Platform Attacked
Russia’s blockchain e-voting platform for Vladimir Putin’s proposed Constitutional amendments reportedly suffered a node attack last weekend. The proposal is passed will allow Putin to serve as President until 2036.
China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry
Gambling businesses in Macau fear that the launch of digital yuan would render them obsolete.
China's Central Bank Says Digital Yuan Will Not Raise Inflation
Bank of China claims that the introduction of digital yuan will not cause the occurrence of inflation.
PBoC Governor Yi Gang Reports $300 Million in Digital Yuan Pilot Transactions
China’s digital yuan pilot testing in four of its cities has recorded a sum of nearly $300 million (two billion yuan) in transactions according to the People’s Bank of China's Head.
Tether Plans to Issue Stablecoin Backed by Chinese Yuan
Tether has been reportedly working on a new stablecoin pegged to the Chinese Yuan. The stablecoin project named “CNHT” came from the intention of Zhao Dong, one of the shareholders of the Bitfinex crypto exchange.
Can Alipay and WeChat Pay Compete With China’s Fee-Free Digital Yuan?
Will Alipay and WeChat Pay survive the People's Bank Of China's rollout of the digital yuan or DCEP?
Fintech Startup Monerium Seeks to Issue E-Money on Algorand Blockchain
The role of e-money is on the rise and continues to challenge bank deposits and cash. The recent partnership between Fintech Firm Monerium and Algorand Blockchain company presents a whole picture of the relevance of e-money as a more convenient means of payments and financial transactions.
China’s $1.5 Million Digital Yuan Giveaway in Shenzhen Left Analysts Excited, Citizens Unimpressed
As part of China’s rollout of its central bank digital currency (CBDC), the government had a $1.5 million giveaway of digital yuan to its citizens in Shenzhen.
Japanese E-book Publisher Turns to Blockchain for Distributiion in the Pandemic Era
A Japanese book distributor is mulling an investment in a blockchain-based platform to distribute e-books, as partial lockdowns due to the ongoing COVID-19 pandemic continue in Japan.
Morgan Stanley Buys E*Trade for 13 Billion USD, Providing Link For Everyday Online Traders
Wall Street giant Morgan Stanley is creating more access for everyday investors with the announcement of an imminent $13 billion acquisition of online trading firm E*Trade Financial Group.
China to Award DCEP Worth $1.5 Million to Shenzhen Residents to Test Digital Yuan
China’s central bank, the People's Bank of China (PBOC), has teamed up with Shenzhen city to distribute DCEP worth 10 million yuan, approximately $1.5 million to residents.