CBDC: Shanghai Financial Service Launches Digital Yuan Services
The Chinese central bank's financial services clearing counterparty, the Shanghai Clearing House, launched digital yuan (a CBDC) clearing and settlement ...
Tag: Digital Yuan
‘Launching A Digital Dollar Is Risky’, Fed Governor Reveals
Federal Reserve Governor Michelle Bowman has warned of the potential risks of launching a digital dollar, highlighting that privacy concerns have not ...
WeChat Integrates Digital Yuan To Bolster Payments
WeChat, a popular app in China, has integrated the digital Yuan into the platform. The aim is to make payments ...
China’s Central Bank Continues Digital Yuan Expansion To 17 More Provinces
The rising adoption of digital assets has resulted in multiple countries adding support for digital currencies. Earlier today, China’s central ...
CBDC Wars: Why The U.S. Must Create Its Own Stablecoin To Compete With China
The United States is embarking on a campaign toward the introduction of a CBDC, or central bank digital currency. As part ...
China Plans To Airdrop Digital Yuan To Boost Its Pandemic Hit Economy
China's City of Shenzhen has decided to airdrop 30 million digital Chinese Yuan (e-CNY) in red envelops with the help ...
Digital Yuan Ban: Senators Seek To Ban China’s E-CNY From US App Stores
Three Republican senators are pushing to prohibit portals from allowing apps that facilitate payments of China's digital yuan out of ...
As A Part Of CBDC Testing Chinese Residents Receive Digital Yuan
Shenzhen residents are all set to receive digital Yuan worth $2.29 million as part of the Central Bank Digital Currency ...
