Tag: Yuan

Chris Giancarlo: U.S. risks becoming ‘backwater’ without central bank digital currency

The former CFTC chairman weighs in on what a U.S. CBDC might look like, as well as the benefits it could bring to American citizens.

Shanghai Man: Economist says El Salvador ‘on road to death’, salaries paid in e-CNY …

Former banking heads question foreign financial policies, workers paid with digital yuan in milestone pilot and a large Series A is closed by DeFi platform SynFutures.

China Ban Triggers Crypto Sell-off – Time To Invest in Bitcoin?

China’s relationship with the cryptocurrency industry has always been quite complicated. After a few years of keeping an eye on crypto, the country tried to [...]

China’s Central Bank Addresses Digital Yuan Privacy Concerns

The People’s Bank of China (PBoC) deputy director Mu Changchun has addressed privacy and anonymity concerns over its upcoming central bank digital currency (CBDC) project. [...]

China’s digital yuan will offer best privacy protection, says official

The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs.

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