Huang Yiping, a former monetary policy member of the People’s Bank Of China (PBoC), has expressed concerns about China missing out on financial development opportunities following the nation’s ban on cryptocurrencies. Cryptocurrency adoption linked to development opportunities, says ex-PBoC member While the PBoC...
Upgrades have been made to China’s Central Bank Digital Currency (CBDC), also known as the digital yuan or eCNY, including smart contract functionality and some recently disclosed use cases. Meituan food service platform deploys e-CNY smart contracts According to a Jan. 17 report by...