Browsing Tag
digital yuan
11 posts
China’s Digital Yuan is Making the US Dollar Nervous
China is leading the effort to reduce dependency on the US dollar and is set to launch the…
Digital Yuan’s Role in 38% of Global Trade Raises Eyebrows
Digital yuan adoption has really surged as China’s Central Bank digital currency expands beyond domestic borders, and the…
Digital Yuan vs Bitcoin: China’s CBDC Threatens Crypto Freedom
Digital yuan vs Bitcoin competition has definitely intensified in recent months as China continues to aggressively expand its…
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…