Bank of China: Digital yuan payment option must be offered in retail scenarios
In the short term, the e-commerce platforms can integrate the CBDC through the QR codes.
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Bank of China issues $28M in digital structured notes on Ethereum blockchain
The securitized tokens are governed by Hong Kong and Swiss law.
BNP Paribas teams up with Bank of China to promote digital yuan usage
The partnership will enable BNP Paribas China's corporate clients to make payments using the digital yuan through an e-CNY management system.
China’s state-affiliated banks are on-boarding crypto companies in Hong Kong
Chinese banks are opening bank accounts for regulated crypto companies, with several acting as a payment layer for these crypto platforms.
Hong Kong citizens not interested in digital yuan: Reports
Despite the 20% discount, the e-CNY hard wallets don’t attract much attention from the islanders.
Bank of China ex-advisor calls Beijing to reconsider crypto ban
The economist argued that the current crypto ban in China is beneficial in the short term, but big opportunities can be missed in the long run.
Former Chinese central banker says digital yuan ‘usage has been low’
A former China central banker said cumulative e-CNY transactions only crossed $14 billion in two years, adding the results were “not ideal.”
Wuhan omits NFTs from metaverse plan amid regulatory uncertainty in China
The Chinese government has shown a keen interest in developing a metaverse economy, but its stance on NFTs hasn’t been very clear.
Bank of China: Digital yuan transactions volume crossed $14B mark
The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong.
Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules
A Chinese intermediate court based in Beijing recently upheld a lower court’s ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulations…