Digital Yuan

Sen. Pat Toomey (R-Pa.)
Sen. Toomey Sounds Warning About China’s Digital Yuan as Olympics Start
The country is using the Winter Olympics in Beijing as an international test of its central bank digital currency (CBDC).
Sen. Pat Toomey (R-Pa.)

India's 30% Crypto Tax Proposal Explained
India’s 30% Crypto Tax Proposal Explained
Indian Finance Minister Nirmala Sitharaman announced the nation’s budget Tuesday, revealing it will tax digital assets at a 30% rate and launch a digital rupee by 2023.
India's 30% Crypto Tax Proposal Explained

Could Central Bank Digital Currencies Threaten Privacy?
Could Central Bank Digital Currencies Threaten Privacy?
The adoption of China’s digital yuan is expanding ahead of the Beijing Winter Olympics, despite some analysts warning central bank digital currencies (CBDCs) could threaten co...
Could Central Bank Digital Currencies Threaten Privacy?

China’s Digital Yuan to Face International Users at Beijing Winter Olympics
China’s Digital Yuan to Face International Users at Beijing Winter Olympics
China’s central bank digital currency (CBDC), the digital yuan, is expected to make its international debut next week at the Beijing Winter Olympics.
China’s Digital Yuan to Face International Users at Beijing Winter Olympics

The Hong Kong skyline. (Ruslan Bardash/Unsplash)
China, Hong Kong Enter Second Phase of Cross-Border Digital Yuan Trials: Report
Hong Kong banks and merchants have been testing the use of China’s CBDC.
The Hong Kong skyline. (Ruslan Bardash/Unsplash)

Another E-CNY Scam Busted, SCMP to Tokenize History
Another E-CNY Scam Busted, SCMP to Tokenize History
Inner Mongolia e-CNY scam busted. Hong Kong’s South China Morning Post to release news archives as NFTs. DeFi emerges as an enabler for pricing assets. We’ll have more on thos...
Another E-CNY Scam Busted, SCMP to Tokenize History

Shanghai (Freeman Zhou/Unsplash)
Bank of China Reveals Machine That Converts Foreign Currency to Digital Yuan: Report
The machine requires a passport, but not a bank account.
Shanghai (Freeman Zhou/Unsplash)

Bank of China Reportedly Reveals Machine That Converts Foreign Currency to Digital Yuan
Bank of China Reportedly Reveals Machine That Converts Foreign Currency to Digital Yuan
The Bank of China has revealed a machine that converts foreign currencies into digital yuan. The machine is likely to be rolled out for the 2022 Beijing Winter Olympics when t...
Bank of China Reportedly Reveals Machine That Converts Foreign Currency to Digital Yuan

E-CNY Scam Investigated, South Korea Gets Metaverse Bug
E-CNY Scam Investigated, South Korea Gets Metaverse Bug
e-CNY hits 140 million users in the pilot phase. First digital renminbi money laundering case investigated. South Korea gets the metaverse bug. We’ll have more on those storie...
E-CNY Scam Investigated, South Korea Gets Metaverse Bug