Jerome Powell’s Definitive Statement: Fed Will Not Pursue Central Bank Digital Currency (CBDC)
Fed Chair Jerome Powell confirmed the U.S. will not create a central bank digital currency under ...
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Tag: Digital Yuan
Chinese Court Sentences Gang for Digital Yuan Money Laundering
A Chinese court sentenced three people to prison terms ranging from 7 to 16 months and ...
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The Digital Yuan’s First Cross-Border Crude Oil Trade
The Shanghai Petroleum and Natural Gas Exchange (SHPGX) settled its first cross-border crude oil trade using ...
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China Pushes Payment Apps to Adopt Digital Yuan Ahead of Major Financial Revolution
China's central bank official, Changchun Mu, urges local payment apps to align with the advancements in ...
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China’s Minsheng Bank Unveils Digital Yuan Collaboration
China's Minsheng Bank has partnered with e-commerce giant JD.com to launch digital CNY-powered payment service. Customers ...
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China’s Digital Yuan Integration Introduced to Chinese Business Air Travel
Chinese business travelers can buy air tickets using the digital yuan as the CBDC pilot takes ...
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China’s Changzhou Set to Give Away $700k in Digital Yuan Token
Changzhou, China, is organizing a citywide shopping festival to promote the adoption of the digital yuan. ...
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Bank of China Announces Issuance of $28 Million Worth of Digital Structured Notes Minted on Ethereum.
The Bank of China issues 200 million Chinese yuan for digital structured notes. CEO for BOCI ...
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China to expand CBDC use case for Belt and Road Initiative
Various countries have begun developing a CBDC over the last year and many have begun to ...
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Chinese City Public Servants to Receive Digital Yuan Salaries Starting in May
China has been developing a CBDC and will now begin to deploy it across their nation. ...
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