Category: Peoples Bank of China

Here’s how much digital yuan used at Olympics, according to PBoC

The 2022 Winter Olympics participants, visitors and organizers could be spending more than $300,000 in...

McDonald’s China to give away 188 NFTs on 31st anniversary

Fast-food giant McDonald’s China released a set of 188 nonfungible tokens (NFT) on Oct. 8...

Crypto has recovered from China’s FUD over a dozen times in the last 12 years

The price of Bitcoin fell 5% today following “breaking” (read: weeks old) news that the...

Chinese regulators unite forces to crack down on crypto

The Chinese government is getting more serious about cracking down on the cryptocurrency industry as...

Crypto adoption is a ‘huge challenge,’ says Chinese central bank exec

The rapid adoption of cryptocurrencies like Bitcoin (BTC) poses a major challenge for the traditional...

Countries representing over 90% of global GDP are exploring CBDCs

The quest to understand the opportunities and challenges of a central bank digital currency, or...

Beijing subway now accepts digital yuan

China continues expanding the scope of its central bank digital currency (CBDC) by debuting digital...

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