Digital Yuan

China has reportedly stepped in to halt stablecoin initiatives by Ant Group and JD.com in Hong Kong, reigniting the debate over who holds the “right of coinage” in the world’s second-largest economy.

China opened a digital yuan operations hub in Shanghai to oversee cross-border payments and blockchain platforms. The centre launched new systems for cross-border transactions, blockchain services, and digital assets.

China is actively seeking to challenge the dominance of the US dollar as the world’s primary reserve currency, with a strategic push to extend the digital yuan’s role in both domestic transactions and cross-border payments.

China has shaken the very foundation of global finance, by launching its full-scale digital RMB cross border settlement system that is now seamlessly connected to ten ASEAN nations and six Middle Eastern countries through blockchain.

In a surprising twist of events, China seems to be changing its tune on Bitcoin. While the country has been known for its restrictive stance on cryptocurrencies, recent legal developments suggest a potential shift in perspective.

兴业银行通过碳积分推动数字人民币的应用，与中国的绿色金融目标保持一致。

定义未来货币的全球竞赛愈演愈烈，130 多个国家和货币联盟（占全球 GDP 的 98%）都在积极探索 CBDC。

从功能限制到对隐私和安全的担忧，中国的数字人民币在试运行阶段面临着采用方面的挑战。这种电子货币注定要失败吗？

中国工人抵制数字人民币，因担心隐私和可用性有限而改用现金。对监控的担忧促使人们倾向于使用传统现金。有限的使用案例和缺乏利息累积阻碍了数字人民币的持有。政府数据显示了交易情况，但要更广泛地采用，还需改善隐私。平衡隐私和安全至关重要；激励和推广措施旨在提高接受度。

中国电子人民币研究院在苏州成立，旨在通过行业合作和专家引领的创新，推动数字人民币的可持续发展。