Participants will receive a discount for every central bank digital currency expenditure worth 100 yuan.
China’s digital yuan os backup to AliPay and WeChat Pay, says official
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China.
China’s digital yuan will offer best privacy protection, says official
The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs.
China’s blockchain ambitions set in stone after mention in national five-year plan
China’s latest five-year plan mentions blockchain technology specifically and signals an increasing focus on the research of emerging technologies.
Bitcoin News Roundup for May 27, 2020
While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It’s another episode of CoinDesk’s the Markets Daily podcast.
Bitcoin News Roundup for May 27, 2020
While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It’s another episode of CoinDesk’s the Markets Daily podcast.
Slipping Yuan May be Good for Bitcoin Price, Past Data Suggests
With historical data suggesting an intermittent correlation, bitcoin traders may do well to keep an eye on the ongoing slide in the yuan, analysts say.
China’s Central Bank: Here’s the Latest on the Digital Yuan
China’s central bank said several “top-level” processes in developing a digital yuan are “almost complete.
Facebook Adds Singapore Dollar to Libra Crypto Basket: Report
Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin.
Tether Launches Chinese Yuan-Pegged Stablecoin on the Ethereum Blockchain
Tether has launched its Chinese yuan-backed stablecoin, which it revealed will run on the ethereum blockchain as an ERC-20 token.