China Makes Asian Digital Currency Proposal to Fight Dollar Hegemony
Researchers from the Chinese State Institute have put forward the idea of a pan-Asian digital currency to reduce the dependence of the region’s economies on the US dollar.
“The US Needs to Launch a CBDC to Compete with China”
China’s efforts to work on a digital yuan could negatively impact the US economy.
Chinese Authorities: We Will Ensure Confidentiality of Transactions with Digital Yuan
Transactions with the yuan will be confidential except in certain cases.
China to Expand Digital Yuan Testing Program
The People’s Bank of China (PBOC) will expand the digital yuan (e-CNY) pilot test to even more cities.
Chinese Company UnionPay Releases Digital Yuan Payment Platform
UnionPay plans to launch a website for self-registration of digital yuan.
