Browsing Tag
digital yuan
8 posts
Currency: E-Yuan is Here – How China’s CBDC Could Destroy the Dollar
E-yuan, China’s central bank digital currency (CBDC), is quickly emerging as a potential threat to the U.S. dollar’s…
Digital Yuan Gains Ground In Saudi-China Transactions Disregarding USD
China is leaving no stone unturned to internationalize the Chinese Yuan by challenging the US dollar’s prestige. The…
BRICS: China Announces Pilot for Digital Yuan Cross-Border Use
In what is certainly a massive development for China’s Central Bank Digital Currency (CBDC), the Hong Kong Monetary…
CBDC: Digital Euro to not be used for commercial purposes?
Central Bank Digital Currencies [CBDCs] have been getting increased attention over the past few months. Regulators and policy-makers…
China’s WeChat Reportedly Adds Support for Digital Yuan CNY Payments
China’s largest social media network, WeChat, has reportedly added support for Digital Yuan CNY payments. WeChat is one…
Looking beyond Bitcoin: 80% of central banks consider launching CBDCs
As institutional and retail players across the globe remain inclined towards Bitcoin and other cryptos, regulators from most…
China’s Digital Yuan Is Now Available in Over 23 Cities
The People’s Bank of China hosted a symposium on digital RMB research and development pilot work on March…
China: Digital yuan wallet sees massive adoption. But something’s amiss
The much-awaited digital yuan, China’s digital currency, has made an appearance on app stores with pomp. The online…
