Chinese Central Bank: In Pilote Stage, Digital Yuan Has 261M Active Users
China’s central People’s Bank of China (PBoC) has claimed over 261m users in the nation activated digital yuan wallets by the end of last year – in addition to the 20 million-plus who have downloaded its official pilot a...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
China’s central People’s Bank of China (PBoC) has claimed over 261m users in the nation activated digital yuan wallets by the end of last year – in addition to the 20 million-plus who have downloaded its official pilot app, which was released to marketplaces in some cities earlier this month....
Read More: Chinese Central Bank: In Pilote Stage, Digital Yuan Has 261M Active Users
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Irish Central Bank Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguards
TL;DR: Ireland’s central bank imposed a €3.25 million penalty on Coinbase Ireland over electronic-money safeguarding and outsourci...
Chainlink And LG CNS Target South Korean Banks With Digital Asset Infrastructure Deal
TL;DR: Chainlink and LG CNS are partnering on oracle and cross-chain infrastructure aimed at South Korea’s financial institutions;...
Bank of Korea Wants Stablecoins Written Into Forex Law as Crypto Bill and Tax Fight Come to a Head
Bitcoin Magazine Bank of Korea Wants Stablecoins Written Into Forex Law as Crypto Bill and Tax Fight Come to a Head The Bank of Ko...
Bloomberg Adds Basel Crypto Exposure Classification For Banks And Asset Managers
TL;DR: Bloomberg has expanded its crypto analytics to classify bank exposure under Basel standards, including indirect holdings hi...
Phantom Starts a Staged US Launch of In-Wallet Prediction Markets
US users of Phantom can now trade prediction markets in the wallet, under a staged launch that began Friday and runs through Kalsh...
Singapore, Malaysia and Thailand central banks expand cross-border stablecoin initiative involving Ripple, Visa and Mastercard
Malaysia and Thailand have joined Singapore's BLOOM initiative for cross-border stablecoin and tokenized deposit settlement.