It has just been revealed that China's central bank officially partnered up with Ant Group, Alibaba Group's fintech affiliate, to provide support for the development of a technical platform for…
What does this mean for the world of digital currency? Regarded as one of the largest economies, China is taking its Yuan to a whole new economic height. Sponsored by…
Cryptocurrency advocates remain massed and ready to rush the barricades of traditional finance. Who will rise to lead this charge?
The Chinese government, if you can believe that.
It will soon launch…
Crypto and financial analysts across the globe marvelled at China’s progress in developing and testing its central bank digital currency, the Digital Currency Electronic Payment (DCEP), last week. This came…
Running at the forefront of the digital finance game, China is persevering in familiarizing its citizens with its central bank digital currency (CBDC), the digital yuan (DCEP), on a large…
One of the first proponents of central bank digital currencies (CBDCs) when countries were still in the discussion phase on whether or not to embark on a digital currency route,…
China’s digital yuan, the Digital Currency/Electronic Payment (DC/EP) has gone through several rounds of testing by a selected sample of the public across four cities, and finally, banks will be…
This year marked a major milestone for the global financial technology industry with many notable events – Bitcoin just recently underwent its third halving, the emergence of China’s digital currency…
On May 5, the former Bank of China president Li Lihui took to a live broadcast to address his thoughts on the upcoming digital yuan. Firstly, the launch for the…
An official from the People’s Bank of China (PBOC) has stepped forth amidst the confusion and lack of available public information to provide greater clarification on what the DC/EP will…