Tag: Chinas

China’s digital currency passes 100 billion yuan in spending

© Reuters. FILE PHOTO: A sign indicating digital yuan, also referred to as e-CNY, is pictured at a shopping mall in Shanghai, China May 5, 2021. REUTERS/Aly Song SHANGHAI (Reuters) - Transactions using China's...

October 13, 2022

China’s digital yuan foray sees transactions surpass ¥100 billion

The number is put out by the PBOC, with the spending covering 360 million transactions in plot areas involving 15 provinces and municipalities. According to the central bank, there are more than 5.6...

October 13, 2022

China’s yuan snaps eight-day losing streak after strong PBOC warning By Reuters

© Reuters. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/ SHANGHAI (Reuters) -China's yuan bounced on Thursday from a 14-year low against the dollar hit...

September 29, 2022

China’s yuan unlikely to continue rapid depreciation -state media By Reuters

© Reuters. FILE PHOTO: Chinese yuan banknotes are seen in this illustration picture taken April 25, 2022. REUTERS/Florence Lo/Illustration/ SHANGHAI (Reuters) - is unlikely to continue depreciating rapidly, the state-owned Securities Times said...

September 29, 2022

China’s State-Backed Open-Source Blockchain Enlists Hong Kong’s HSBC, Emperor Group

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of...

September 6, 2022