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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

bitcoin ETF
Blockchain News
bitcoin ETF
Blockchain News

Crypto News: HongKong Approves First Crypto ETF Fund Worth $100 Million

Hong Kong, China has approved an Exchange Traded Fund (ETF) worth $100 million that would also include 10% in cryptocurrency. The ETF would be raised by Yibo Financial as per a report from Wu Blockchain. Hong Kong, China has approved the first ETF fund involving cryptocurrency, and Yibo Financial said it will raise 100 million

Hong Kong, China has approved an Exchange Traded Fund (ETF) worth $100 million that would also include 10% in cryptocurrency. The ETF would be raised by Yibo Financial as per a report from Wu Blockchain. Hong Kong, China has approved the first ETF fund involving cryptocurrency, and Yibo Financial said it will raise 100 million

China Blockchain Fund
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China Blockchain Fund
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Crypto China: Construction Bank in China Launches First Insurance Policy Paid in Digital Currency

China Construction Bank, one of the largest banks in China has started a new use case for the country’s much talked about digital yuan by issuing the first insurance policy completely paid in the national digital currency. The digital yuan settled insurance policy was launched in association with ZhongAn Online P&C Insurance. Local media reports

China Construction Bank, one of the largest banks in China has started a new use case for the country’s much talked about digital yuan by issuing the first insurance policy completely paid in the national digital currency. The digital yuan settled insurance policy was launched in association with ZhongAn Online P&C Insurance. Local media reports

china
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china
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“We Don’t Have Ambitions to Replace Existing Currencies”- Ex-PBOC Chief on Digital Yuan

China’s growing influence in the digital currency space has created a sense of urgency among many western counterparts especially the US who view China’s national digital currency as a threat to their financial sovereignty. The US Dollar is currently the default currency of trade in the international trade market with over 88% of market dominance

China’s growing influence in the digital currency space has created a sense of urgency among many western counterparts especially the US who view China’s national digital currency as a threat to their financial sovereignty. The US Dollar is currently the default currency of trade in the international trade market with over 88% of market dominance

China Blockchain Fund
Bitcoin News
China Blockchain Fund
Bitcoin News

Chinese Govt. to Promote Digital Currency [DCEP] at Winter Olympics

While the west is busy with yield farming and worries over devaluation of US Dollar, the Chinese Govt. is strongly propagating their digital Renminbi. An announcement in the People’s Daily notes the plans  for expansion of the pilot program across China.  As reported ealier, the pilot program has begun in various regions in participation with

While the west is busy with yield farming and worries over devaluation of US Dollar, the Chinese Govt. is strongly propagating their digital Renminbi. An announcement in the People’s Daily notes the plans  for expansion of the pilot program across China.  As reported ealier, the pilot program has begun in various regions in participation with

china DIgital Currency
Blockchain News
china DIgital Currency
Blockchain News

PBOC Announces China Digital Currency Called ‘DCEP’

Zhou Xiaochuan announced that the central bank PBoC is developing its own digital currency called DCEP. The DC in the name represents the digital currency while EP is for electronic payments. Also, read… PBOC Disallows Bitcoin Payments But Interested In Digital Currency China digital currency DCEP (digital currency electronic payment) Chinese Central Bank, People’s Bank of

Zhou Xiaochuan announced that the central bank PBoC is developing its own digital currency called DCEP. The DC in the name represents the digital currency while EP is for electronic payments. Also, read… PBOC Disallows Bitcoin Payments But Interested In Digital Currency China digital currency DCEP (digital currency electronic payment) Chinese Central Bank, People’s Bank of