Category: China
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‘No single digital currency will dominate the world’ Bank of Japan now says
Japan’s policymakers appear disconcerted by the advancement in China’s CBDC iniative.
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China’s Digital Yuan Blurs the Lines Between CBDCs and Crypto
An in-depth analysis of China’s digital yuan project reveals more similarities to crypto than you might think. Upshot: seismic disruption to the financial system.
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China’s Digital Yuan Blurs the Lines Between CBDCs and Crypto
An in-depth analysis of China’s digital yuan project reveals more similarities to crypto than you might think. Upshot: seismic disruption to the financial system.
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How the DeFi Craze Made Its Way to China
DeFi is booming in China, with startups adapting and building on popular western projects within the nation’s active crypto economy.
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How the DeFi Craze Made Its Way to China
DeFi is booming in China, with startups adapting and building on popular western projects within the nation’s active crypto economy.
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Starbucks and McDonald’s reportedly not testing China’s digital yuan
Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC.
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The IMF, G20 and BIS Gear Up for the Central Bank Digital Currency Era
New reports on digital currency design principles and regulatory standards show just how quickly the world’s bankers are moving.
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Nearly 2 Million Sign Up for China’s Digital Yuan ‘Lottery’
Around 50,000 digital “red envelopes,” reminiscent of the traditional gifts doled out in China for special occasions and each containing 200 digital yuan ($29.60), were handed out Monday.
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China Should Accelerate Rollout of Digital Yuan, Says Central Bank Official
Chen Yulu, deputy governor of the People’s Bank of China, said over the weekend the digital yuan project should be accelerated as an important part of the nation’s financial infrastructure.
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Japan must amend central bank laws to issue digital yen, says official
Japan is getting more serious about the digital yen.