US Dollar At Risk? Stablecoin Yield Ban Gives Digital Yuan The Upper Hand: Scaramucci
Anthony Scaramucci has warned that a new US rule could hand the upper hand to Beijing. Reports say he believes ...
Tag: Digital Yuan
Yuan-Pegged Stablecoins On The Horizon As Beijing Rethinks Policy
Beijing is weighing a plan that could let yuan-backed stablecoins be used more widely outside China. The move would be ...
Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users
In a significant move towards enhancing digital currency use, Hong Kong residents can now set up personal digital yuan or ...
China Takes Down $295M Crypto Underground Bank: Beginning Of A Bigger Crackdown?
Chinese law enforcement has disrupted a covert banking network that leveraged cryptocurrencies to execute unauthorized foreign exchange transactions totaling around ...
China’s Digital Yuan: A Currency No One Wants To Use?
China's ambitious plan for a central bank digital currency (CBDC), the e-CNY or digital yuan, is facing a test of ...
CBDC: Chinese Digital Yuan Records $250 Billion In Transactions
China's digital yuan has witnessed tremendous growth as the central bank ramps up its CBDC pilot in the last one-and-a-half ...
Chinese Police Seize $160 Million Worth of Crypto In Cross-Border Gambling Crackdown
Chinese authorities have announced the country's first-ever case of cryptocurrency confiscation through a court ruling. Related Reading: 78% Of Bitcoin ...
Stablecoin Or CBDC: Circle CEO Proposes The Better Option For China
The CBDC quest has continued soaring as many countries move to launch it. According to a CBDC tracker, Atlantic Council, ...
