The central bank official said stablecoins issued by private companies may require "stronger regulatory rules" than Bitcoin.
Yuan News
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- News
Participants will receive a discount for every central bank digital currency expenditure worth 100 yuan.
7447 - News
The digital yuan continues to develop apace.
8654 - News
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China.
6300 - News
The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs.
12387 - News
China's latest five-year plan mentions blockchain technology specifically and signals an increasing focus on the research of emerging technologies.
18358 - News
Tencent-backed WeBank and Ant Financial-backed MYbank will reportedly be the first private banks to join China’s digital yuan pilot.
11070 - News
The city of Shenzhen has launched the third round of its central bank digital currency pilot in the form of a promotional lottery scheme offering residents handouts during local festivities.
7327 - News
The Bank of France processed $2.4 million worth of fund units using a CBDC in December as part of ongoing experiments into blockchain and stablecoin technology.
12397 - Analysis
The yuan is not seen as a major currency. Could digitizing it change that? China is breaking new ground in the Shenzhen region and beyond.
16934 - News
The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell.
14907 - New Year Special
2021 & 2022 touted to be the most important years for the development of CBDCs
12959 - News
The Agricultural Bank of China has launched an ATM pilot program that enables citizens to convert cash and savings to and from the digital yuan.
9112 - News
Winners of the city's lottery will have 10 days to spend their gifted digital currency at any of 10,000 supported merchants.
8679 - News
A former PBoC official says that his country has taken a cautious approach with the digital yuan.
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