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DIGITAL YUAN EXPERIMENTS
China signs up 26 financial institutions to digital yuan cross-border payment platformThe agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border settlement pla...- India's digital currency push targets its leaky welfare systemWhile India's early efforts are modest compared with those of China, where more than 200 million people use the e-yuan, the world's most po...
- India's digital currency push targets its leaky welfare systemIndia is piloting its digital rupee, the e-rupee, for welfare payments. This initiative aims to improve efficiency and reduce corruption in...
- CEOs clone themselves with AI while workers fear losing jobsCorporate executives are using AI tools, such as Delphi and Tavus, to do a variety of tasks, such as uploading their written content, keyno...
- AI to replace CEOs? Tech bosses test the waters with digital twinsWith AI becoming more integrated across industries, some tech CEOs are now using digital avatars for earnings calls. Klarna’s Sebastian Sie...
- AI boss: You could soon be reporting to an artificial CEOGoogle's CEO reveals AI generates over 25% of new code at the company. Panasonic creates an AI clone of its founder for strategic guidance....
- Listen up, gamers! PlayStation 5 to get more expensive, grab the console before it's lateThe PS5 will get up to 10% costlier in the next few days.
- Chinese tech giants Tencent Holdings, Ant Group, others vow to stop NFT secondary tradingDigital collectibles in the form of non-fungible tokens (NFT) have become widely popular across the globe in recent years, in large part th...
- After Mastercard, Visa offers central banks a way to test digital currenciesVisa will begin piloting a programme with blockchain software firm ConsenSys after discussions with 30 central banks about goals related to...
- A cross-border digital currency can speed up transfer, shows pilotThe multiple central bank digital currency bridge project (mBridge), joined by the monetary authorities in Hong Kong, Thailand, China and t...
- CBDC: Who’s ahead, who’s laggingAs the Indian government has already embraced the blockchain technology in some other areas, it is very much possible that RBI, too, will u...
- Japan's digital yen plan to become clearer late 2022, says ruling party officialThe Bank of Japan in April launched the first phase of its central bank digital currency (CBDC) experiment, joining counterparts aiming to ...
- Hong Kong to test linking China's digital yuan with domestic paymentsChina's e-CNY is one of the most advanced central bank digital currency (CBDC) projects among major economies.
- Digital yuan gives China a new tool to strike back at criticsSo far China has mostly resisted hitting foreign firms in response to U.S. actions on companies like Huawei, holding off on releasing an “u...
- China to expand digital yuan experiments: Central bank vice governorChina is one of the frontrunners in the global race to launch central bank digital currencies to modernise financial systems, ward off the ...
- Alibaba records billions in sales as China's first post-virus Singles' Day kicks offThis year's shopping extravaganza comes a week after Alibaba lost almost $76 billion of its market value following China's suspension of th...
- Crypto Yuan will meet the Dollar — in Hong KongMajor battle in the U.S.-China financial cold war could be fought over a decades-old currency peg.
- View: China's crypto is all about tracing — and powerDigital yuan trials are taking place just as Covid deepens mistrust with the US.
- China flirts with digital currency in four urban centres amid CovidChina has launched a trial of digital yuan in four urban centres of the country for specific services.
- Is China readying its own Bitcoin? It's far bigger than thatLittle is known about the digital yuan except that it’s been in the works for five years.
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