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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 putting the DC/EP to test in an actual real-world experiment with Chinese ride app Didi Chuxing, according to Bloomberg.
The world’s second-highest-valued unicorn startup has partnered with the Chinese central bank to work on the forthcoming digital yuan.
An overview of the first two days of the Unitize virtual blockchain conference where top crypto and blockchain experts offered their views on topical issues in the industry.
Chinese ride-hailing firm partners with PBoC digital currency research arm to test digital yuan
China’s Central Bank Digital Currency Research Institute and Chinese transportation giant Didi Chuxing have reached an agreement to explore and develop the use of digital yuan in the transportation
A major Chinese e-commerce platform and a video sharing site have reportedly joined China’s CBDC project.
SFB Technologies' chief economist sees a future for central bank digital currencies, or CBDCs, but not for privately issued stablecoins.
Fabio Panetta, a member of the Executive Board of the ECB, stated in his address to the European Parliament that the ECB intends to remain at the forefront of discussions concerning the nature of m
CBDCs will have to be internationally interoperable to become globally adopted, says a Hong Kong University expert.
BoJ publishes report on feasibility of digital yen
So far, the story of blockchain has been one of new financial services built on decentralised technology. As the continuing prominence of Bitcoin demonstrates, these decentralised finance, or DeF
With its forthcoming digital yuan, China will aim to rival the U.S. dollar, not Bitcoin, say experts.
Central Bank Digital Currencies (CBDC) could be the most important payment trend in development with the most profound effects on our systems of payment and money issuance according to Cuy Sheffiel
China’s CBDC wants to displace the U.S. dollar, but Genesis Block’s Charles Yang believes it doesn’t offer a compelling alternative to USDT.
Visa’s head of crypto says CBDC is the most important payments trend in the next decade.