China hits a milestone in its digital yuan development as it opens its first business and industrial park in the city of Shenzhen. $13.7 million has been allocated to promote…
Browsing: digital Yuan
China launches smart contracts for its digital yuan, on leading shopping application Meituan. Ethereum smart contracts are still healthy and likely to outpace the completion. China is still on the…
Australian Senator Andrew Bragg said that Chinese banks operating in the country could facilitate the use of the Digital Yuan. The senator also slammed the current Labor government for disregarding…
China has been pushing the use of blockchain across multiple sectors including healthcare, finance, power, etc. Last week on January 25, China’s state-run Blockchain-Based Service Network (BSN) released its own…
Italian Payments giant NEXI is contributing to ECB’s design for the digital Euro. The digital euro development project is expected to take more than two years. Europe’s leading digital payments…
The three Republican senators raising objections have cited privacy and security concerns with the use of Digital Yuan. The lawmakers noted that the CCP can exploit the use of e-CNY…
China has published its long-awaited digital yuan whitepaper, revealing some of the features the CBDC will have, such as smart contract programmability. The PBoC revealed that it has processed over…
A Chinese ‘SEC’ official involved with the development of the digital yuan has revealed that the CBDC can be set up on the Ethereum network. The virtual currency is currently…
The list of banks that are developing their own digital coin is growing. While Turkey will be lanching its Central Bank Digital Currency (CBDC) next year, China could be the…