Digital Yuan


Markets

Chinese State-Owned Bank Offers Test Interface for PBoC Central Bank Digital Currency

The Agricultural Bank of China has rolled out an internal test interface for the nation's central bank digital currency, allowing whitelisted users to register and trialing certain functions.

Chinese Flags

Markets

China Is Winning the Coronavirus Information War

The coronavirus crisis creates a geopolitical opportunity for China, starting with digital currencies, says Teddy Fusaro of Bitwise.

china-tech-flag

Markets

China's DCEP Unlikely to Impact Crypto Markets in the Long Term, eToro Analyst Says

China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week.

People’s Bank of China

Tech

What Are China’s Goals Behind Its Digital Yuan?

The story of the digital yuan is more complex than we knew and Professor Michael Sung explains why.

Michael Sung image via CoinDesk video

Policy

Ex-PBoC Governor Urges China to Join Global Conversation on Libra

A former senior official with the People’s Bank of China (PBoC) believes the nation should join a global conversation about regulating stablecoins, with a particular focus on the Libra stablecoin.

Image via Shutterstock

Markets

Davos, CBDCs, and the Rise of Bitcoin Art

The word from Davos is blockchain not crypto, cashless futures, and CBDCs, while Brekkie von Bitcoin gives us his take on the emergent field of bitcoin art.

Breakdown1-24v2

Policy

Davos Needs to Wake Up to the Ills of Centralization

The lens of decentralization reveals a number of elephants in the room that world leaders at the WEF are missing.

Davos 2019 image via Aaron Stanley for CoinDesk

Markets

China’s Central Bank: Here’s the Latest on the Digital Yuan

The People's Bank of China said several important processes in the development of the digital yuan were "almost complete."

china flag

Markets

Unlike Libra, Digital Yuan Will Not Need Currency Reserves to Support Value: PBOC Official

PBOC wants to distinguish its own digital currency from rival private initiatives.

pboc

Markets

China's Digital Yuan Will Target Retail Payments First, Ex-Central Banker Says

Former PBoC head Xiaochuan Zhou says the digital yuan will enable retail payments first, but might need a different technical design for cross-border payments.

Shutterstock