Last Updated on September 2, 2023 by Paganoto
China Creates Its Own Digital Currency, a First for Major …
China Creates Its Own Digital Currency, a First for Major …
A cyber yuan stands to give Beijing power to track spending in real time, plus money that isn’t linked to the dollar-dominated global financial …
What does China's Digital Yuan mean for Bitcoin?
What does China's Digital Yuan mean for Bitcoin?
The reason is simple. China has no control over Bitcoin as its decentralized nature provides the currency bearer with anonymity. This has raised …
China Has Created Its Own Digital Currency – Sanction Scanner
China Has Created Its Own Digital Currency – Sanction Scanner
The blockchain-backed digital currency project, which the People’s Republic of China has been working on for seven years, has finally been completed.
What's behind China's cryptocurrency ban?
What's behind China's cryptocurrency ban?
The People’s Bank of China argues that its ban on cryptocurrencies is to curtail financial crime and prevent economic instability. · However, …
Currency and control: why China wants to undermine bitcoin
Currency and control: why China wants to undermine bitcoin
In May, the PBOC banned banks from doing business or providing accounts for anyone trading in cryptocurrencies.
How China's Digital Currency Could Challenge the Dollar – TIME
How China's Digital Currency Could Challenge the Dollar – TIME
(To be clear, a digital currency is not the same as a cryptocurrency. While the likes of bitcoin, ripple and ether are largely unregulated—at …
China's digital yuan shows why we still need cryptocurrencies …
China's digital yuan shows why we still need cryptocurrencies …
The digital yuan has already been piloted in various Chinese cities and was used in more than $8 billion worth of transactions in the second …
China's digital currency takes shape | Lowy Institute
China's digital currency takes shape | Lowy Institute
China’s financial system is changing. The country’s new Digital Currency Electronic Payment (DCEP) – a digital payment and processing …
China digital currency: Beijing to hand out $6.2 million in trial
China digital currency: Beijing to hand out $6.2 million in trial
China will hand out 40 million renminbi ($6.2 million) of its digital currency to citizens in Beijing in a lottery. Residents of the Chinese …
How China's digital currency is leading the race to displace …
How China's digital currency is leading the race to displace …
China’s digital yuan is pushing the rest of the world to create their own digital currencies, putting cryptocurrencies under pressure.
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.