has raised concerns over the digital yuan’s development. China’s top anti-corruption watchdog has accused Yao, who was the inaugural director of the PBOC’s institute overseeing digital ...
The country's first cryptocurrency-related corruption case raises questions as to whether Beijing may slow the pace of the digital yuan's roll-out to strengthen internal supervision. Do you have ...
The forthcoming introduction of a digital yuan in China is the latest in the ongoing battle between fiat currencies and bitcoin. The Chinese government hasn’t been too kind to cryptocurrencies in the ...
Visitors at the Winter Olympics are allowed to convert foreign currencies into the digital version of China’s yuan. WSJ’s Jing Yang exchanges U.S. dollars to buy a cup of coffee to show how ...
BEIJING: Chinese merchants are already preparing for the cross-border usage of digital yuan, or e-CNY, at a time when some major central banks in the world have not yet decided to develop their ...
China’s e-CNY, a digital version of its currency yuan, made its international debut in tests at the Beijing Olympics. Soon after, US President Biden issued an administrative order to look into ...
China is considering issuing a digital yuan by the 2022 Winter Olympics in Beijing. Here are some of the basics about Japan’s plans. 1. The bank is just paving the way for a decision.
Getty Images The new digital yuan will be controlled by the ... They have very little money but they are using smartphones. If you can buy a smartphone you can use DCEP." However, DCEP will ...
China's central bank has issued 10 million yuan ($1.5m; £1.1m) worth of digital currency to 50,000 people in the Shenzhen area via a lottery. The move is the latest in a series of trials testing ...