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Tag Archives: CBDC

China Crypto Roundup (Oct 12- Oct 19): Chinese Police Cracking Down on Illegal Bank Cards, 2022 Asian Games Tickets Will be Issued on A Blockchain Network, 2 Million People Applied for Shenzhen’s Digital Yuan “Red Packets”

Oct 19, 2020

Vincent He

The top stories from the Chinese cryptocurrency sphere this past week include: Chinese police cracking down on new types of illegal crimes in telecommunication networks, Alibaba’s blockchain subsidiary to issue tickets for the 2022 Asian games in Hangzhou, almost 2 million people applied for ...

Chinese Digital Yuan is Testing Limited Anonymous Transaction

Oct 16, 2020

Vincent He

According to the latest report, DCEP, China’s digital yuan are testing the limited anonymous transaction as the pilot project initiated by Shenzhen’s municipal government has got off to a great start. “Limited anonymous transaction”, that is, the transaction record won’t display the me...

China’s Digital Yuan to Test in Petty Payment First

Aug 19, 2020

Vincent He

A director of the technical department of a bank in China’s Suzhou revealed that the current digital currency application in Shenzhen and Suzhou is mainly concentrated in small-scale scenarios such as retailing, public transportation card recharge, catering. The application scenarios for C...

Ways Firms Can Seize Opportunities With China’s DC/EP Rollout

Aug 5, 2020

Olusegun Ogundeji

Firms that are timely prepared for the rollout of China’s digital currency electronic payment (DC/EP) project stand to benefit in about five ways from the effect it will have on the global economy, two authors have shared on the London School of Economic Business Review blog page. Jem...