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Category China digital yuan

MainNewsChina digital yuan
China Takes Down $295M Crypto Underground Bank: Beginning Of A Bigger Crackdown?

China Takes Down $295M Crypto Underground Bank: Beginning Of A Bigger Crackdown?

Chinese law enforcement has disrupted a covert banking network that leveraged cryptocurrencies to execute unauthorized foreign exchange transaction...
May, 14, 2024
2 min read
by Bitcoinist
China’s CBDC Development is “Already On Track” and Nearing Completion: Ex-PBOC Governor

China’s CBDC Development is “Already On Track” and Nearing Completion: Ex-PBOC Governor

Source: Pixabay Former Governor of China’s central bank PBOC is all optimistic about the country’s central bank digital currency (CBDC) nearing com...
Nov, 28, 2023
2 min read
by Cryptonews
Standard Chartered to Participate in Trials of China’s Digital Yuan CBDC – Here’s What You Need to Know

Standard Chartered to Participate in Trials of China’s Digital Yuan CBDC – Here’s What You Need to Know

Source: Adobe/amixstudio Standard Chartered, a British multinational bank, will initiate exchange services for China’s central bank digital currenc...
Nov, 27, 2023
3 min read
by Cryptonews
CBDC: Shanghai Financial Service Launches Digital Yuan Services

CBDC: Shanghai Financial Service Launches Digital Yuan Services

The Chinese central bank’s financial services clearing counterparty, the Shanghai Clearing House, launched digital yuan (a CBDC) clearing and settl...
Jun, 26, 2023
2 min read
by Bitcoinist