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Breaking: Chinese Central Bank Releases White Paper For Digital Yuan (e-CNY)

People’s Bank of China (PBOC), the Chinese central bank today released the white paper for its upcoming digital CNY (DCEP). The central bank also gave an official English name to the digital fiat called e-CNY. China has been at the forefront of CBDC development, having started research and development for the same as early as

People’s Bank of China (PBOC), the Chinese central bank today released the white paper for its upcoming digital CNY (DCEP). The central bank also gave an official English name to the digital fiat called e-CNY. China has been at the forefront of CBDC development, having started research and development for the same as early as

CHINA bitcoin
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CHINA bitcoin
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Just-In: China Central Bank Shuts Software Company For Suspected Crypto Trading

The Chinese central bank has reportedly shut down a software company based out of Beijing on suspicion of involvement in crypto trading activities. The firm was reportedly focused on the entertainment industry and had a token called Mao Li Coin. The firm Beijing Qudao Cultural Development Co Ltd was ordered to seize all operations and

The Chinese central bank has reportedly shut down a software company based out of Beijing on suspicion of involvement in crypto trading activities. The firm was reportedly focused on the entertainment industry and had a token called Mao Li Coin. The firm Beijing Qudao Cultural Development Co Ltd was ordered to seize all operations and

PBOC
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PBOC
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Bitcoin Price Dips Again; Is Michael Burry Right Or Just Another Chinese FUD?

Bitcoin price is taking a dip again as it crashed to $32,000 over fears of Chinese Central Bank denying any kind of banking and payment services access to crypto establishments. Also, the predictions made by “the big short” fame Michael Burry about the greatest stock bubble burst ever seems to be playing out as S&P

Bitcoin price is taking a dip again as it crashed to $32,000 over fears of Chinese Central Bank denying any kind of banking and payment services access to crypto establishments. Also, the predictions made by “the big short” fame Michael Burry about the greatest stock bubble burst ever seems to be playing out as S&P

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China Plans A $6.2 Billion Digital Currency Lottery for Beijing Residents

After testing its Digital Renminbi use in some of the small cities, China is now planning a big CBDC giveaway for Beijing residents. The Chinese government has planned a 40 million renminbi ($6.2 million) lottery giveaway in form of digital currency. China has been conducting such programs for a while as it goes on to

After testing its Digital Renminbi use in some of the small cities, China is now planning a big CBDC giveaway for Beijing residents. The Chinese government has planned a 40 million renminbi ($6.2 million) lottery giveaway in form of digital currency. China has been conducting such programs for a while as it goes on to

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News

MasterCard In Talks With China’s Central Bank to Support Global “Digital Yuan” Transactions

After enough internal testing locally, the Chinese central bank – The People’s Bank of China (PBoC) – is all set to take its CBDC Digital Yuan global. As per the recent report from the South China Morning Post, the payments giant Mastercard is currently in talks with PBoC to facilitate the cross-border transactions for Digital

After enough internal testing locally, the Chinese central bank – The People’s Bank of China (PBoC) – is all set to take its CBDC Digital Yuan global. As per the recent report from the South China Morning Post, the payments giant Mastercard is currently in talks with PBoC to facilitate the cross-border transactions for Digital