China’s digital yuan is more commonly known as the DC/EP. Users can access the mobile application created by the ABC on both Android and iOS
The People’s Bank of China has finalized the functions of the digital Yuan and are now focusing their efforts on designing regulations for its circulation and use by the public.
China is taking its CBDC development plans seriously as it has filed 84 patents under its digital currency electronic payments (DCEP) system
U.S. Representative, Bill Foster inquired Jerome H. Powell, the Chair of the Fed, on the matter of US’s CBDC and to prepare for Digital Yuan
To counter the emergence of Digital Yuan, Japan’s Digital Yen should be implemented with 2-3 years, urging Japan’s government to accelerate the development.
Deutsche Bank revealed its latest report predicting the future of payments, which discusses trends in online and mobile payments, fiat currency, digital currency and blockchain, according to the research. At…
The People’s Bank of China (PBOC) has released a 20-page new draft law that could possibly ban all digital assets which are pegged to the renminbi except for China’s Digital…
In a surprise move, Beijing unveiled Web3 Innovation and Development White Paper on Sunday, signaling its commitment to advancing the digital economy and positioning itself as a global innovation hub.…
The upcoming digital currency of Hong Kong has been prototyped thanks to a partnership between the BIS Innovation Hub Hong Kong Centre, the Hong Kong Monetary Authority (HKMA), and the…
South China Morning Post reported that experts supported by China have advocated for the establishment of a pan-Asian digital currency to contest the supremacy of the U.S. dollar in the…