Digital Yuan Airdropped to Nearly 2 Million Citizens Lottery-Style
Compared to other CBDC projects, China's Digital Currency Electronic Payment (DCEP) initiative is arguably the most advanced out there, boasting over 6 years of...
Maker Dethrones Compound As DeFi Hits Near $3 Billion
Maker has recently outdone Compound in terms of total locked-up assets as the DeFi market primes to hit another new milestone. Meanwhile, the excitement...
CBDC Arms Race Escalates as DCEP Gets Tested by Two More Giant Companies
China's DCEP appears to be on fire as two multi-billion dollar companies have planned to test out the digital yuan as a payment method...
Ride-Hailing Giant Didi to Test Out DCEP to its 550 MIllion Users
China's ride-hailing giant Didi Chuxing will soon pilot the country's national digital currency (DCEP) as one of its supported payment methods. When rolled out,...
China Trust Blockchain Committee Establishes CCAL Super Ledger
The China Trust Union Alliance Blockchain Committee has recently disclosed the launch of a blockchain project called CCAL Super Ledger.
Also known as Credit...
Crypto Analyst Says Asian Markets Will Make DeFi Blow Up
DeFi projects have been flying high since the start of the year, from Kyber Network to Aave, to Compound and Balancer, among many other...
China’s BSN VS RippleNet Cloud: Blockchain Cloud Wars
Ripple has announced that a Brazillian bank became the first financial institution to join in its blockchain cloud service, RippleNet Cloud. Meanwhile, the State...
PBOC Talks Blockchain and Digital Transformation of Finance
The People's Bank of China (PBOC) held a video conference about the technological progress of digital currencies on May 18. They talked about the...
China’s DCEP Has Made Huge Leaps Forward
China's DCEP project has been accelerating its development lately, according to PBOC governor Yi Gang.
Before its official launch, the central bank digital currency...
China’s FinTech Supervision Sandbox Launches in Beijing
The People's Bank of China's (PBoC) governor wants to improve the risk management of the DCEP. Meanwhile, Beijing pilots China's first "Supervision Sandbox" program.
According...
