Friday, December 9, 2022

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With sanctions at the fore, will Russia adopt the digital yuan? Well, it might…

You may know the ‘Society for Worldwide Interbank Financial Telecommunication’ as SWIFT – a cross-border payment system that makes it possible for users...

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...

China: e-CNY final preparations underway ahead of Winter Olympics curtain lifter

China is nearing its e-CNY official debut when the Winter Olympics commences on 4 February, 2022. Latest before the debut In an announcement dated 19...

China: What to know about state-backed BSN’s efforts to create ‘Chinese NFT’ industry

The NFT craze has come to China, but one can hardly see any trace of crypto in it. Over the last few months, Chinese...

Report: e-CNY app downloads skyrocket in China ahead of Winter Olympics

China’s e-CNY prototype, a centrally-backed digital currency, went live in select cities earlier this month. As the country is looking to officiate its CBDC...

New report reveals risks that CBDC service providers & central banks have to address

CBDC season could soon be coming, as China readies for the launch of its digital yuan and other countries also race to complete white...

China Ban Aftermath: Why The Crypto Downtrend Could End On New Year’s Eve

Is the China ban to blame for the recent Bitcoin sell-offs that brought down the whole crypto market? That is the prevalent theory....

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...

China calls crypto mining ‘extremely harmful,’ but not for this reason

Why does China hate crypto mining? It’s a question many have asked, but the answer isn’t what one would expect. Turns out, as...

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