peoples bank-of-china

The Hong Kong skyline (Ruslan Bardash/Unsplash)
Hang Seng, China Stocks Soar as Beijing Pledges Support Amid Equity Rout
Crypto remains stable, though liquidity thin, as markets in Hong Kong climb out from the worst slump since the 2008 recession.
The Hong Kong skyline (Ruslan Bardash/Unsplash)

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)

GettyImages-1232866297
What If Somebody Hacks the Money Pipeline Next?
The Colonial Pipeline saga illustrates what may be a vulnerability with digital currency issued by central banks.
GettyImages-1232866297

PBoC
China’s Digital Yuan Will Be ‘Backup’ to Alipay, WeChat, Says PBOC
In order to support the retail payment system, the central bank has to step up its own digital yuan.
PBoC

PBoC
People's Bank of China Official Says Fully Anonymous Digital Yuan ‘Not Feasible’
The central bank needs to balance privacy for users with "international consensus" on risk control, the director of the PBoC's Digital Currency Research Institute said
PBoC

WEF
China, Singapore Look Ahead to CBDC Future at World Economic Forum
A former deputy governor of the People’s Bank of China compared notes with the chairman of the Monetary Authority of Singapore.
WEF

Laisee Wikim commons
China's Central Bank, Major City to Hand Out $1.5M in Digital Yuan
A local report suggests the pilot is an indication the digital yuan is close to being launched.
Laisee Wikim commons

yuan bundles
JD.com to Build Apps for China's Digital Yuan Project: Report
The Chinese e-commerce giant has reportedly agreed to help the nation's central bank develop infrastructure including a wallet for its cash-equivalent digital currency.
yuan bundles

PBoC
PBoC Says Digital Yuan Tests Focus on Small Transactions After Rumored Property Sale
The People's Bank of China has apparently played down rumors of a house sale settled with its in-the-works digital currency.
PBoC