Generative Data Intelligence

Tag: china’s central bank digital currency

China warns of counterfeit digital yuan app scam

The Chinese Ministry of Industry and Information Technology has issued a warning about a counterfeit digital yuan application that is deceiving users by mimicking...

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Singapore and China to Begin e-CNY Pilot, Explore Cross-Border Payment Linkage – Fintech Singapore

by Fintech News Singapore December 7, 2023 Singapore and China have agreed to collaborate on a pilot...

Singapore’s DBS launches e-CNY solution for China

Singapore-based DBS bank will allow corporate clients in China to collect payments from their customers in e-CNY – China’s central bank digital currency –...

Coinbase sues SEC in bid for clarity on crypto rules

In this issueCoinbase: Demanding directionPEPE: Leapfrog effecte-CNY: Digital paydayFrom the Editor’s DeskDear Reader,Hello from Austin this week, at Consensus 2023, where significant conversations are...

China’s Wechat Adds Support for Digital Yuan Payments

Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will...

China’s digital yuan initiative gets cold reception from Hong Kong visitors

Shenzhen city, China’s southeastern metropolis that connects the mainland to Hong Kong, has started to issue digital yuan hard wallets to Hong Kong tourists...

Efficient uses of digital yuan in the insurance industry of china

Recently few reports published China’s Central Bank has been experimenting with the idea of a digital currency for the past decade, and it...

China doles out millions in digital yuan in bid to boost adoption: Report

Millions of dollars worth of China’s central bank digital currency (CBDC) has been handed out across the country over the Lunar New Year period...

China should reconsider its ban on cryptocurrencies, says former central bank official

China might need to modify its regulations on cryptocurrencies to ensure it doesn’t miss out on technology developments in digital assets, said Huang Yi-ping,...

🔴Another Big Win for Ripple! | This Week in Crypto – Sep 26, 2022

JP Morgan CEO is again against crypto, Ripple moves closer to a dismissal in its SEC lawsuit and Binance could buy Voyager’s assets. These...

Biden pushes the U.S. on CBDCs in sweeping crypto executive order

President Joe Biden on Wednesday urged the federal government to research and develop a digital dollar in an executive order describing broader directives for a coordinated and comprehensive U.S. approach to digital assets. See related article: CBDC tracker shows U.S. falling further behind Fast facts “My Administration places the highest urgency on research and development […]

PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per Day

PBOC Reveals Central Bank Digital Currency Usage at Beijing Winter Olympics — 2 Million Digital Yuan per DayThe People’s Bank of China (PBOC), the Chinese central bank, has revealed how its central bank digital currency (CBDC) is being used at the Beijing Winter Olympics. A top PBOC official says, “It seems all the foreign users are using hardware wallets.” Digital Yuan’s Latest Trial A top official from the Chinese central bank, the […]

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