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China to launch 30 million digital yuan airdrop

Shenzhen Municipal People's Government and Chinese banks are ready to distribute 4.5 million "red envelopes" with different amounts of money to support the economy after the lockdown.
Kravox 01.06.2022

The U.S. keeps digital yuan out of the App Store and Google Play

U.S. Republican senators call for a ban on digital yuan support by technology platforms.
Kravox 01.06.2022

Digital Yuan: China expands implementation of state cryptocurrency

Following the successful testing of the state cryptocurrency DCEP during the Olympic Games in 2022, the People's Bank of China has decided to expand the areas for using the digital yuan.
Kravox 06.04.2022

Chinese CryptoYuan origins

Less than a decade ago, China actively opposed all types of cryptocurrencies and their mining. Even today, Chinese President Xi Jinping mentioned blockchain technology in his speech and called for accelerating the development of other core technologies in this area. Somewhat later, the Chinese media reported testing a new Chinese cryptocurrency that could challenge the global dominance of the U.S. dollar. 
Kravox 28.03.2022
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