CME's bitcoin futures goes into "backwardation" and BTC inflows to exchanges rise as China "FUD" continues.
The Colonial Pipeline saga illustrates what may be a vulnerability with digital currency issued by central banks.
In order to support the retail payment system, the central bank has to step up its own digital yuan.
The central bank needs to balance privacy for users with "international consensus" on risk control, the director of the PBoC's Digital Currency Research Institute said
A former deputy governor of the People’s Bank of China compared notes with the chairman of the Monetary Authority of Singapore.
A local report suggests the pilot is an indication the digital yuan is close to being launched.
The Chinese e-commerce giant has reportedly agreed to help the nation's central bank develop infrastructure including a wallet for its cash-equivalent digital currency.
The People's Bank of China has apparently played down rumors of a house sale settled with its in-the-works digital currency.
China is said to be planning additional testing of its digital yuan across a number of developed regions including Hong Kong.
The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said.
The People’s Bank of China has sent one of its strongest signals yet of a commitment to creating a digital national currency.
Get your Fourth Industrial Revolution hardhats on. CoinDesk is at Davos to help you ponder the slew of problems ailing today’s global economy.
PBOC wants to distinguish its own digital currency from rival private initiatives.
China's proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said.
Binance claims the PBOC’s system will allow fund transfers without the need for a bank account using what it terms ‘decoupled’ banking.