Here’s how China is still leading the crypto race with its latest hiring spree
The highly anticipated Beijing Winter Olympics have come and gone, and the soft launch of China’s CBDC, the e-CNY, had a very frosty reception at …
e-CNY
China: CBDC makes a low key debut at Winter Olympics, two banks phase out cash
After eight years of guesses, discourse, and conflicting reports, China’s digital yuan CBDC made a rather low-key debut at the 2022 Beijing Winter Olympics on …
Days before Beijing 2022, cautious South Korea completes first phase of CBDC pilot
Little more than a week before the global launch of China’s CBDC, a neighbouring country has announced the “successful” completion of a CBDC pilot. CBDCs …
Here’s how China might be leading the CBDC race as Winter Olympics draws near
One might be tempted to think that China has dropped out of the crypto race, due to its stance against crypto transactions and more recently, …
China’s e-CNY efforts on war footing, but here are the issues that need solving
China has taken several steps to successfully implement its digital Yuan, despite some setbacks in the past. Now, the Beijing Winter Olympics is set to …
Is China e-CNY CBDC effectively competing with WeChat Pay and AliPay
China has become the frontrunner when it comes to the global CBDC race. China’s e-CNY is expected to witness a full-fledged launch by February 2022. …
China considers setting up digital asset exchange to boost e-CNY adoption
A state-backed digital asset exchange might soon crop up in China. However, cryptocurrencies might not be able to find a spot there. In a bid …
World Economic Forum releases findings of interoperability study on three CBDCs
Two CBDCs have been formally introduced and are recognized by international regulators. However, more are unfolding by the day or functioning on an unofficial basis. …
China e-CNY follows this principle, work on multi-CBDC bridge in progress
The world has been watching the rapid rollout of China’s digital yuan, across the country. However, this was also reportedly followed by the country’s first …
China sees 10% rise in e-CNY wallets, first case of money laundering using digital yuan
The Chinese government may want to reconsider the security of its central bank digital currency [CBDC] in the backdrop of Xinmi police’s crackdown on the …