Digital Yuan


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PayPal Exec: Most Central Banks Don't Have Appetite to Own Technology

During a 1:1 session at Consensus 2021, PayPal's VP & GM, Blockchain, Crypto and Digital Currencies, Jose Fernandez da Ponte, believes central banks know what they are doing on the technology side but doesn't think they have an appetite to own the technology stack and handle millions of consumer accounts.

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Mercati

La CBDC cinese potrebbe dare a Pechino "margine di manovra per ritorsioni economiche", afferma un esperto di sicurezza nazionale

Yaya Fanusie ritiene inoltre che i timori che la CBDC cinese possa indebolire o sostituire il dollaro statunitense come valuta di riserva mondiale siano "esagerati".

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Card-Based Digital Yuan Wallet Manufacturer to Use Fingerprint ID Tech

China’s Chutian Dragon, a smarts cards manufacturer, is reportedly making a card-based wallet for the digital yuan with fingerprint identification technology. “The Hash” panel weighs in on the global direction of central bank digital currencies (CBDCs), surveillance, and tracking.

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Finanza

Il produttore di portafogli digitali Yuan basati su carta utilizzerà la tecnologia ID tramite impronte digitali

Il nuovo portafoglio digitale in yuan richiederà le informazioni biometriche degli utenti per abilitare i pagamenti.

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BCH Gets the Nod from Japan; Digital Yuan Travels to the Countryside

While Bitcoin Cash surges, we talked to a Japanese coffee shop owner who just started accepting BCH as payment yesterday. Buying bubble tea with a digital yuan China’s DCEP pilot program continues to expand. Police in Korea are told no to crypto, but who will police the police?

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Ant Group Confirms It Is Helping China With the Digital Yuan

Jack Ma's Ant Group confirmed that it has been working on the digital yuan project with China's central bank since at least last year, providing the People's Bank of China access to its database technology and payment tools. Nik De breaks it down. Plus, the House passes the first major crypto-specific legislation aimed at breaking down barriers to innovation.

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Ant Group Shares Exclusive Database Tech to Grow China’s E-Yuan

Internet giant Ant Group, which owns mobile payment leader Alipay, says it will offer technical support to help China roll out its digital currency. JD.com, a leader in China’s e-commerce space, reveals that it’s started paying some employees with the DCEP.

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Mercati

La PBoC ammorbidisce i toni verso Bitcoin e Stablecoin, definendoli "investimenti alternativi"

Durante il Boao Forum di domenica, il vicegovernatore ha affermato che Bitcoin e stablecoin erano opzioni di investimento e non valute.

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Dogecoin Swells Over 80% in Asia Hours; China’s CBDC Pilots Turn One

Dogecoin prices surged during Asia trading hours, thanks to celebrity hype from Tesla CEO Elon Musk and fellow billionaire Mark Cuban.

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China Cracks Down on Jack Ma's Fintech Giant Ant Group: Why It Matters

Chinese billionaire Jack Ma's Ant Group will become a financial holding company subject to China's central bank's oversight following a recent antitrust case in China. "The Hash" panel discusses the global significance of these developments and reads between the lines about China's crackdown on fintech firms, Alipay and the digital yuan.

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