Yuan | ForkLog

ForkLog 8 14.06.2021

China tests digital yuan for payroll payments in Xiongan

The People's Bank of China tested the central bank digital currency (CBDC) for payroll payments in the Xiongan district of Hebei province.

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ForkLog 11 07.06.2021

Shanghai authorities hand out $3 million in digital yuan testing

Shanghai authorities distributed central bank digital currency (CBDC) among the population. Lottery winners received "red envelopes" with 55 digital yuan each (about $8.6).

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ForkLog 12 02.06.2021

Beijing to distribute over $6m in CBDC testing

In June, Beijing authorities will distribute central bank digital currency to the population. Lottery winners will receive 'red envelopes' containing 200 digital yuan.

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ForkLog 3 31.05.2021

Creator of the digital yuan envisions CBDC operating on networks like Ethereum

CBDCs could operate on networks such as Ethereum and Diem, complementing two-tier models in which central banks distribute tokens through intermediaries. The view was expressed by former head of the National Digital Currency Department at the People's Bank of China (PBoC), Yao Can, according to CryptoNews, citing local media.

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ForkLog 8 13.05.2021

Hong Kong and China to expand testing of the digital yuan in cross-border payments

Hong Kong authorities are in talks with China to expand testing of the digital yuan (e-CNY) in cross-border transactions.

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ForkLog 8 10.05.2021

AliPay users to test the digital yuan

The MyBank online bank will allow some clients to conduct operations with the digital yuan (DCEP) in the Alipay app, according to the China Securities Journal.

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ForkLog 8 29.04.2021

Media: Ant Group to Help PBoC Build Platform for Digital Yuan

The Digital Currency Research Institute of the People's Bank of China signed a strategic cooperation agreement with Ant Group to promote a technology platform for the digital yuan (DCEP), according to 21st Century Business Herald.

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ForkLog 6 29.04.2021

Fed chair signals possibility of issuing a digital dollar

The chair of the Federal Reserve (Fed), Jerome Powell, said there is a possibility of issuing a CBDC and reminded that it is more important to get it right than to compete with others.

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ForkLog 22 26.04.2021

JD.com adopts the digital yuan for payroll

Chinese online retailer JD.com announced that since January it has been paying some employees their salaries in the digital yuan (DCEP) and using it in interbank and commercial settlements.

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ForkLog 8 19.04.2021

China proposes treating Bitcoin as an investment instrument

Cryptocurrencies, such as Bitcoin, should be viewed as alternative investments. This was stated by Li Bo, deputy governor of the People's Bank of China (PBoC), during the Boao Forum for Asia, according to journalist Colin Wu.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 4 16.04.2021

Spring Airlines begins accepting payments in digital yuan, reports say

Spring Airlines has sold the first airline ticket paid in digital yuan (DCEP). Local media report this.

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ForkLog 22 12.04.2021

Shenzhen to conduct another test of the digital yuan

From 10 to 23 April 2021, Shenzhen authorities will conduct an expanded test of the digital yuan (DCEP).

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