Chinese Yuan

central bank of china

“Digital Yuan Will be Different from Bitcoin” Says Central Bank of China

Central Bank of China deputy director Mr. Mu Changchun announces in his recent media interaction that Digital Yuan will be different from Bitcoin and Stablecoins. According to the South China Morning Post, China’s national digital currency would be a digital form of the Yuan. The head of the digital currency research institute at the People’s […]

Blockchain-Empowered Yuan

Blockchain-Empowered Yuan Can Rise Governmental Supervision

On May 17, Dovey Wan, a founding partner at Primitive Ventures, an investment firm notes on a blog post that the Blockchain-empowered Yuan may permit the supervision of China. It may enable the government to have a great administration over both home and overseas economies. Albeit, the Chinese government has put restrictions over the cryptocurrencies […]