Satoshi Nakamoto Blog

Category : PBoC

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Digital Yuan to Fuel China’s Economic Reign – McDonald’s, Starbucks, Subway Test PBoC’s Cryptocurrency

satoshi
China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s...
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Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments

satoshi
Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies....
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10 Countries Actively Regulating Cryptocurrency Despite Global Crisis

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Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They...
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China Is Drafting Laws for the Circulation of National Digital Currency

satoshi
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now...
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China Adopts Security Standards for Blockchain Applications in the Financial Sector

satoshi
Keeping the focus on blockchain development, banking authorities in China have issued a set of rules pertaining to the secure application of crypto-related technologies in...
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Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates

satoshi
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections...
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Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan

satoshi
With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example,...