Digital Yuan Used in $5B of Transactions, Says China's Central Bank
The PBOC also said the central bank digital currency will be compatible with smart contracts.
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Jul 16, 2021 at 8:59 a.m. UTC
Jul 16, 2021
Digital Yuan
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Penalties for Kimchi Premium Abusers, Digital Yuan on Trial Again
Kimchi premium becomes kimchi penalty. Chengdu holds China’s latest digital yuan trial. Taiwan’s Lootex uses NFTs to preserve cultural history. More on these stories and other...
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Jul 8, 2021 at 3:44 p.m. UTC
Jul 8, 2021
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WazirX, Binance Boost Compliance Procedures, Forkast Speaks to FTX CEO
Crypto exchanges WazirX and Binance look to implement stronger compliance measures. Forkast.News speaks with FTX founder and CEO Sam Bankman-Fried about crypto regulatory meas...
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Jul 2, 2021 at 3:06 p.m. UTC
Jul 2, 2021
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Russia and China Moving Their CBDC Projects Forward
Central bank digital currency (CBDC) initiatives around the world are ramping up. The Bank of Russia has reportedly named 12 banks to develop a prototype of the digital ruble...
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Jun 30, 2021 at 6:45 p.m. UTC
Jun 30, 2021
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China's CBDC Trials Reach Beijing Subway
Passengers with Industrial and Commercial Bank of China's mobile app can use the digital yuan to pay their fares.
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Jun 30, 2021 at 11:35 a.m. UTC
Jun 30, 2021
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Chinese Commercial Bank Enables Digital Yuan-Cash Conversion at ATMs
The Industrial and Commerce Bank of China has become the first bank in the country to launch a feature converting cash to the digital yuan.
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Jun 18, 2021 at 7:30 a.m. UTC
Jun 18, 2021
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China Starts Testing Digital Yuan for Salary Payments
China’s Xiong’an New Area, a district located approximately 60 miles southwest of Beijing and a testing ground for new economic ideas, will start allowing digital yuan for wag...
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Jun 15, 2021 at 6:35 p.m. UTC
Jun 15, 2021
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China’s Xiong’an New Area Begins Using Digital Yuan for Salary Payments
The country is testing the currency in different pilots.
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Jun 14, 2021 at 2:03 p.m. UTC
Jun 14, 2021
China to Hold Beijing Lottery for CBDC Trial
The lottery will award 200,000 winners about $31 in digital yuan.
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Jun 2, 2021 at 8:10 a.m. UTC
Jun 2, 2021
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Ex-Head of China's Digital Yuan Effort Says CBDCs Could Operate on Ethereum
Central bank digital currencies will one day be more "smart," and not merely digital versions of cash, Yao Qian said.
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May 31, 2021 at 10:00 a.m. UTC
May 31, 2021