Generative Data Intelligence

Tag: e-CNY

Terra’s LUNA moonshot can’t escape gravity of market misgivings

In this issue Terra’s new moon: Houston, we have a problemCrypto markets: Is the worst over?China’s CBDC giveaways: Two birds, one stone From the editor’s desk Dear...

Covid-19, postponed Asian Games to push digital yuan into the slow lane?

Just last month, officials in China’s Hangzhou city were gearing up for the September 2022 Asian Games to showcase the city, and by extension...

What US Fed’s interest rate hike means for China and its CBDC

Capital control limiting outflows may be less of an issue in the future with e-CNY being a ‘controllable currency,’ experts say.

The 59 Theses of Crypto Investing

Here are the 59 Theses of Crypto Investing, posted on the door of a local bank.

The post The 59 Theses of Crypto Investing appeared first on Bitcoin Market Journal.

US bill targets e-CNY; Russian sanctions hurting public

Blockchain data analysis platform Chainalysis has launched a set of free sanction screening tools. Meanwhile, lawmakers in the US take aim at China's digital yuan, or e-CNY, while Russian sanctions begin to highlight issues with financial sovereignty as hundreds of thousands of Russian and Ukrainian civilians are caught in the financial crossfire.

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 […]

Digital yuan is being used to make 2 million yuan worth of payments each day at the Beijing Olympics, a PBoC official revealed.

A top official from The People’s Bank of China (PBOC) has provided an update on the latest trial of the Chinese central bank digital currency (CBDC) during a webinar arranged by the Atlantic Council Tuesday. The digital yuan, or e-CNY, is currently being tested at the Beijing Winter Olympics, Reuters reported.   Two million yuan […]

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 […]

The Old Man’s Views The Winter Games and Games People Play

Reading Time: 4 minutes China has done exceptionally well hosting the Winter Olympics after Covid.    Considering China’s record of human rights abuse, the communists must be extremely happy that so many countries showed up to take part, that includes the Jamaican Bobsleigh team, which we should all be cheering!   For the billions […]

U.S. Should Examine Chinese Digital Yuan Rollout during Winter Olympics: Senator Toomey


Senator Pat Toomey, a senior member of the U.S. Senate Banking Committee, urges the Treasury and State Departments closely examine Beijing’s CBDC rollout during the Olympic Games. (Read More)

Bank of England is ‘highly unlikely’ to develop a retail wallet for CBDC, says official

It is more likely that wallets that could support a British digital currency will be produced by the private sector. 

The post Bank of England is ‘highly unlikely’ to develop a retail wallet for CBDC, says official appeared first on The Block.

China: CBDC makes a low key debut at Winter Olympics, two banks phase out cash

After eight years of guesses, discourse, and conflicting reports, China’s digital yuan CBDC made a rather low-key debut at the 2022 Beijing Winter Olympics on 4 February. Time to introduce “yuan” self Though China intended to make the introduction of the digital yuan a worldwide spectacle to showcase its fintech finesse, this wasn’t to be […]

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