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China"s long-term plans for its currency

The role of yuan internationalisation in reshaping the global order.....»»

Category: topSource: business-standardApr 10th, 2018

Bitcoin not for us, HSBC CEO says

Europe's largest bank's stance on cryptocurrencies comes as the world's biggest and best-known, Bitcoin, has tumbled nearly 50% from the year's high, after China cracked down on mining the currency and prominent advocate Elon Musk tempered his support......»»

Category: topSource: foxnewsMay 24th, 2021

Border Officials Seize $685,000 In Counterfeit Currency From China

Border Officials Seize $685,000 In Counterfeit Currency From China.....»»

Category: smallbizSource: nytMay 19th, 2021

What’s up with Bitcoin’s plunge? Here are 8 essential answers.

Lately the Bitcoin roller-coaster ride has been more "whoa" than "wheee," but volatility is nothing new for the digital currency. China and Elon Musk have played roles in its recent pl.....»»

Category: topSource: chicagotribuneMay 19th, 2021

US Launching Five Digital Dollar Pilot Programs

US Launching Five Digital Dollar Pilot Programs By now it's common knowledge that China is leaps and bounds ahead of all other central banks in launching a CBDC, or Central Bank Digital Currency (which Beijing vows is not a challeng.....»»

Category: blogSource: zerohedgeMay 3rd, 2021

China"s new digital currency will be another tool for its police state

Chinese authorities want to have a digital currency in widespread use, but privacy advocates worry.....»»

Category: personnelSource: nytMay 2nd, 2021

How China Is Closing In on Its Own Digital Currency: QuickTake

While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»

Category: topSource: washpostApr 29th, 2021

How China Is Closing In on Its Own Digital Currency

While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»

Category: topSource: washpostApr 29th, 2021

China Says It Has No Desire To Replace Dollar As Global Reserve Currency With Digital Yuan

China Says It Has No Desire To Replace Dollar As Global Reserve Currency With Digital Yuan Apparently all it takes to replace a global reserve currency is a digital currency alternative just waiting to be released .....»»

Category: blogSource: zerohedgeApr 19th, 2021

China"s digital currency will be distributed using a two-tiered system to help get it into consumers" hands

The People's Republic of China has become the first major economy to create a digital currency. Real-world trials are already underway. Chinese digital.....»»

Category: topSource: businessinsiderApr 11th, 2021

China"s Digital Currency Has Nothing To Do With Bitcoin

China's Digital Currency Has Nothing To Do With Bitcoin .....»»

Category: worldSource: nytApr 7th, 2021

: Will China’s new digital yuan threaten King Dollar’s reign?

China is the first major economy to issue a blockchain-enabled, digital version of its currency, the yuan, and this development has some in Washington worried that the U.S. dollar's status as the global reserve currency is under threat......»»

Category: topSource: marketwatchApr 6th, 2021

"Wonder Woman 1984" stalled at the China box office with a 92% decline from last week

"Wonder Woman 1984" earned just $1.5 million in China in its second weekend, but fared better in its US de.....»»

Category: topSource: businessinsiderDec 28th, 2020

U.S. Treasury labels Vietnam, Switzerland as currency manipulators

The designation requires the Treasury Department to begin discussions with Switzerland and Vietnam. The White House did not accuse China of manipulation this time......»»

Category: smallbizSource: nytDec 16th, 2020

Trump"s blame game with China on the origins of COVID-19 could spark a major "currency war," analysts warn

Andy Wong/AP Images The .....»»

Category: topSource: businessinsiderMay 13th, 2020

McDonald"s, Starbucks, Subway Part Of China"s Central Digital Currency Pilot: Report

Three United States-based fast food and beverage chains are participating in a new pilot of China's centralized cryptocurrency, CNBC reported Friday. read more.....»»

Category: blogSource: benzingaApr 24th, 2020

Starbucks, McDonald’s Among 19 Firms to Test China’s Digital Yuan: Report

The food and beverage giants are among the restaurants and retail shops reportedly on a local government list for testing of China's central bank digital currency......»»

Category: forexSource: coindeskApr 23rd, 2020

Chinese State-Owned Bank Offers Test Interface for PBoC Central Bank Digital Currency

The Agricultural Bank of China has rolled out an internal test interface for the nation's central bank digital currency, allowing whitelisted users to register and trialing certain functions......»»

Category: forexSource: coindeskApr 14th, 2020

China Will ‘Undoubtedly’ Pursue Digital Yuan, Central Bank Says

The People’s Bank of China has sent one of its strongest signals yet of a commitment to creating a digital national currency......»»

Category: forexSource: coindeskApr 6th, 2020

Global chip sales hampered as coronavirus spread in China

Global chip sales momentum stalled in February due a falloff in demand from China as the COVID-19 pandemic spread, according to the Semiconductor Industry Association late Friday. While worldwide February sales rose 5% to .....»»

Category: topSource: marketwatchApr 3rd, 2020