Blockchain Association policy head: US shouldn’t compete with China’s CBDC using surveillance tools
"We will not compete against China — an authoritarian dictatorship — by also acting like an authoritarian dictatorship," said Jake Chervinsky.
Auto Added by WPeMatico
Republican lawmakers introduce bill targeting China’s CBDC on sanctions, privacy
"This bill holds China accountable as they introduce their new digital currency,” said Senator Bill Cassidy.
US lawmakers issue warnings about digital yuan as Winter Olympics kicks off
"Do not accept any digital yuan," said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China.
COVID restrictions stymie digital yuan rollout at Beijing Winter Olympics: Report
Restricting the number of spectators at the major international sporting event will "likely further delay the mass adoption of the digital currency," according to the Foundation for Defense of Democracies'…
Digital Yuan Wallet Ranks Among Most Downloaded Apps in China
The new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch. Its use and integration with…
China’s central bank releases pilot version of digital yuan wallet
The "e-CNY (Pilot Version)" app was made available for download on the Chinese Android and Apple app stores on Tuesday.
Over 140 million people have digital yuan accounts, says PBoC head
China’s CBDC hit 62 billion yuan in total transactions processed, according to PBoC’s digital currency head.
New decentralized stablecoin in China targets international trade
Conflux will provide the technology to launch an offshore RMB stablecoin pegged to China’s CBDC, the digital yuan.
Chinese banks explore e-yuan for selling investment funds and insurance
Bank of Communications and China Construction Bank are working with fund managers and insurers to facilitate e-yuan payments for Chinese citizens.