China to Expand Digital Currency Pilot Programs, Questions Remain
China is set to expand its digital currency testing programs to more regions and cities, including some of the country’s most developed financial hubs.
Tag: #Digital Currency
Showing 10 of 22 posts with this tag
Digital Currency Debuts as Part of Salary in Suzhou, Local Report says
Some civil servants have already received part of their salary in the form of digital currency in Suzhou, according to Chinese state-owned media.
8/28/20204 min read
JD.com Becomes First Online E-commerce Platform to Accept Chinese Digital Currency
Chinese e-commerce giant JD.com will become the first online platform to accept China’s digital currency, according to announcement issued by the company’s fintech subsidiary JD Digits on Dec. 5.
12/8/20203 min read
China NFT Weekly: China's Crackdown on Crypto Continues
This week: Huobi plans for return to the U.S. months after shuttering its China business, China's Supreme Court adds digital currency to list of illegal fundraising methods, and more.
2/25/20227 min read
Digital Currency Research Institute of PBC and Ant Group Cooperate to Build Digital RMB Platform
Ant Group and the Digital Currency Research Institute at the People's Bank of China (PBC) signed a strategic cooperation agreement last year to jointly promote the construction of a digital RMB technology platform.
4/26/20213 min read
NIO Denies Plan to Issue Digital Currency
On July 21, Chinese automaker NIO issued a statement asserting that seemingly official reports that the firm will issue a digital currency are false.
7/21/20222 min read
China's State-owned Bank Launches Digital Currency Pilot Application
China's state-owned bank has carried out an internal and hypothetical-use pilot of China's central bank digital currency in four Chinese cities.
4/16/20202 min read
Crypto Miners Huobi Mall and BTC.TOP Halt China Business Amid Heightened Regulatory Clampdown
Chinese cryptocurrency miners Huobi Mall and BTC.TOP announced on Sunday that they have suspended their operations on mainland China after the country escalated its crackdown on bitcoin mining and trading activities, contributing to a slump in the cryptocurrency markets.
What You Need to Know About Chinese Central Government’s Digital Currency
China’s Ministry of Commerce released a statement, stating that the digital yuan pilot program would cover most Chinese cities and regions.
8/24/20207 min read
China’s Bitcoin Miners Stumble amid Crypto Crackdown
From Inner Mongolia to Xinjiang and Yunnan, Chinese domestic Bitcoin miners have been expelled by ever tightening financial and environmental policies. Now that Sichuan is no more a haven, where to go?
7/2/20217 min read