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US intelligence is looking at Chinese CBDC as a national security threat

November 25, 2020

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The Director of National Intelligence wants to have the SEC’s leader briefed on the dangers of the U.S. falling behind in crypto. 5136 Total views 49 Total shares The United States national security apparatus is warning other agencies about China’s upcoming digital currency. On Wednesday, news outlet the Washington Examiner reported on a letter that […]

China’s digital yuan is ‘a long way’ from beating USD says financial firm exec

November 3, 2020

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Sounds like its CBDC is unlikely to dethrone the United States dollar as the world’s reserve currency anytime soon. 2984 Total views 24 Total shares David Roche, president and global strategist at Independent Strategy, believes that China’s digital yuan has “a long way” before it will become able to challenge the U.S. dollar as a […]

China’s digital yuan pilots have processed $300M so far, says PBoC head

November 2, 2020

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China’s digital yuan pilot program is picking up speed. 4455 Total views 56 Total shares The governor of China’s central bank has given more details about the country’s ongoing digital currency pilot. Yi Gang, governor of the People’s Bank of China, said that the digital yuan pilots have processed over four million transactions to date, […]

Digital yuan will work with WeChat and Alipay, says bank exec

October 26, 2020

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Details regarding the digital yuan’s characteristics are taking shape. 4213 Total views 42 Total shares The forthcoming digital yuan will reportedly be compatible with major payment networks within the country. Mu Changchun, the head of the People’s Bank of China’s digital currency research institute, said that the central bank-backed digital yuan will be compatible with […]

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Category: People’s Bank Of China

US intelligence is looking at Chinese CBDC as a national security threat

China’s digital yuan is ‘a long way’ from beating USD says financial firm exec

China’s digital yuan pilots have processed $300M so far, says PBoC head

Digital yuan will work with WeChat and Alipay, says bank exec