Tag: Eyuan
Can the e-yuan still be stopped?
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Can the e-yuan still be stopped?
The digital renminbi, also known as the e-yuan, is now circulating in China and beyond. The digital central bank money from the Middle Kingdom will be pushed through at any…
Citizens don’t want the e-yuan?
To celebrate the start of spring, several cities in China gave away the national central bank digital currency (CBDC) e-yuan. In total, the municipalities distributed over 180 million of the…
China: Authorities Arrest E-Yuan Money Launderers
A group of suspected money launderers has been arrested in the Chinese province of Fujian, local media report. They are suspected of offering illegal payment services for overseas gambling, internet…
What does the e-yuan mean to the Chinese?
There are currently 1.4 billion people in China who pay for their daily bread either with cash, by bank card or with their smartphone. About half of the Chinese use…
Crypto: The e-yuan arrives on WeChat, one more step towards generalization
© Reuters. Investing.com – WeChat, China’s most popular messaging app will start supporting the country’s sovereign digital currency. This development could create a huge leap in adoption thanks to the…
China wants to force McDonald’s to advertise the e-yuan
According to the Financial Times, the Chinese government is putting pressure on retailers to expand their e-yuan pilots. It has long been known that Beijing will host the Winter Olympics…
E-yuan instead of Bitcoin: China’s prosperity in danger?
China is about to introduce its digital renminbi (also called e-yuan) and at the same time prohibits Bitcoin and Co. Why the current crypto ban is full of contradictions, there…
E-yuan and e-euro: central banks sound out digital money
Sunday, May 02, 2021 E-yuan and E-euro Central banks sound out digital money The island state of Bahamas already has them, the major central banks are preparing: Their currencies will…