The Celestial Empire has been steadily reducing its dependence on the US dollar. Beijing may reduce its participation in US government bonds, dropping this figure from the current level of $1 trillion to $800 billion, […]
China Construction Bank (CCB), the largest commercial bank in China, will present a hardware device that will allow storing large amounts in digital yuan. According to CoinDesk, the hardware wallet will allow you to store […]
This is evidenced by the data of the user agreement of one of the banks. Users of China’s national cryptocurrency will be able to store assets and conduct transactions with them using hardware wallets. CoinDesk […]
Some customers of the bank managed to sign in. One of the largest banks in China – China Construction Bank (CCB) – has begun registering users of a wallet designed to conduct transactions with the […]
The Ministry of Commerce of the People’s Republic of China announced the expansion of testing of the national central bank digital payment system (DCEP) for large commercial transactions. Testing will cover all levels of industries, […]
Despite the fact of absence of exact date the Chinese legislation requirements suppose that all legislation base should be completed till the end of 2020. China’s Commerce Ministry on the enlargement of the China’s central […]
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