China’s cabinet will review a roadmap that includes yuan-pegged stablecoins to bolster yuan internationalization, sources told Reuters.
Peoples Bank of China News
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- Market Analysis
Central bank stimulus in China and global investors’ response to recession fears will determine if altseason continues.
4637 - News
Chinese regulators ordered local firms to halt seminars and research on stablecoins, citing concerns over potential fraud and herd-driven speculation.
6856 - News
JD.com plans to apply for stablecoin licenses in major countries, aiming to slash cross-border payment costs by 90% and settle in 10 seconds.
14545 - News
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now.
7684 - Market Analysis
The Bitcoin bull market is in full swing, as proved by the BTC futures premium reaching a five-week high.
23591 - Newsletter
Grayscale victory doesn't help Bitocoin spot ETF approval on first deadline as SEC postpones decison to next deadline.
10601 - News
China was one of the first nations to start working on its CBDC. However, despite the completion of its development, the government has yet to officially launch the CBDC.
6134 - News
The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong.
5920 - Analysis
Bitcoin and nonfungible tokens are all over the Olympics this year while China’s CBDC is there too amid a controversial rollout.
4791 - News
Making the e-CNY more privacy-orientated aside, the PBoC already has ambitions to bring the CBDC onto the world stage.
2437 - News
Since 2009, China and Hong Kong have "banned" or otherwise caused FUD in the crypto space on 19 separate occasions and counting.
27612 - News
Conflux will provide the technology to launch an offshore RMB stablecoin pegged to China’s CBDC, the digital yuan.
11887 - Market Analysis
Analyst Willy Woo highlights three on-chain indicators that track the flow of Bitcoin tokens across wallets, each of which illustrates why the benchmark cryptocurrency could explode higher.
27164 - News
A working paper released in English by the People’s Bank of China cites cryptocurrencies as an important context for the digital yuan’s development and reveals that the digital currency will use smart contracts to allow for programmability.
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