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#digitalyuan — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #digitalyuan, aggregated by home.social.

  1. By 2026, over 130 countries representing 98 percent of global GDP are developing or implementing Central Bank Digital Currencies. This is not just digital cash. It is a fundamental restructuring of the relationship between state and citizen.

    Unlike physical cash, which remains anonymous and decentralized, CBDCs are the opposite. Fully transparent. Fully controlled. Fully dependent on whether your actions are approved by authorities.

    The most dangerous feature is programmable money. Specific mechanisms already being tested or discussed include expiration dates for currency, spending restrictions on specific categories of goods, geographic limitations on where funds can be used, and instantaneous disconnection from the financial system without court proceedings or appeal.

    China's digital yuan serves as the pilot project for global control. Operating across 25 cities. Seven trillion yuan in transactions. Tied to identity through passport, phone number, and facial recognition. Already used to block accounts of protesters. Already linked to social credit scores.

    The European Central Bank is piloting the digital euro with a 3,000 euro holding limit. Offline functionality means delayed synchronization, not true anonymity. Denmark has already removed mandatory cash acceptance. Sweden is moving in the same direction.

    Canada's 2022 Freedom Convoy showed what is possible: bank accounts frozen by government order. With CBDCs, that operation takes milliseconds and requires no judicial approval.

    Cash is being systematically phased out. CBDCs are being systematically phased in. The window for maintaining financial privacy is closing.

    #CBDC #Privacy #DigitalTyranny #Surveillance #Cash #DigitalEuro #DigitalYuan #FinancialFreedom

    newsgroup.site/cbdc-digital-ty

  2. Exclusive | Why Kenneth Rogoff thinks China’s yuan will be a reserve currency ‘in the next 5 years’

    Professor Kenneth Rogoff of Harvard University has repeatedly warned that the US dollar is approaching a crisis of…
    #NewsBeep #News #Economy #Business #China #CIPS #CryptoCurrencies #digitalyuan #euro #Europe #Fed #GENIUSAct #Greenland #HongKong #KennethRogoff #mBridgeproject #powell #stablecoins #Swift #UK #UnitedKingdom
    newsbeep.com/uk/502604/

  3. Exclusive | Why Kenneth Rogoff thinks China’s yuan will be a reserve currency ‘in the next 5 years’

    Professor Kenneth Rogoff of Harvard University has repeatedly warned that the US dollar is approaching a crisis of…
    #NewsBeep #News #Economy #Business #China #CIPS #CryptoCurrencies #digitalyuan #euro #Europe #Fed #GENIUSAct #Greenland #HongKong #KennethRogoff #mBridgeproject #powell #stablecoins #Swift #UK #UnitedKingdom
    newsbeep.com/uk/502604/

  4. While the US wants to be the #crypto capital of the world and the EU sees a #digitaleuro maybe after 2029 (!) in China the #digitalyuan is already an evolving reality.

    When it comes to online digital payments there are many frictions and tradeoffs in monetary system design (who knows what, who earns what etc) but there is no doubt that the digital economy will be deeply shaped by these choices. Digital sovereign money becomes a catalyst for reshaping digital society.

    scmp.com/economy/china-economy

  5. Scott Bessent ‘Would Not Be Surprised’ If China Was Building Digital Assets Backed By Gold

    Treasury Secretary Scott Bessent told the Senate Banking Committee he “would not be surprised” if China was building…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Business #China #CynthiaLummis #digitalassets #digitalyuan #financialinnovations #HKMA #hongkong #realestate #scottbessent #SenateBankingCommittee
    newsbeep.com/us/456337/

  6. Scott Bessent ‘Would Not Be Surprised’ If China Was Building Digital Assets Backed By Gold

    Treasury Secretary Scott Bessent told the Senate Banking Committee he “would not be surprised” if China was building…
    #Economy #business #China #CynthiaLummis #digitalassets #digitalyuan #financialinnovations #HKMA #HongKong #realestate #ScottBessent #SenateBankingCommittee
    europesays.com/2763839/

  7. Scott Bessent ‘Would Not Be Surprised’ If China Was Building Digital Assets Backed By Gold

    Treasury Secretary Scott Bessent told the Senate Banking Committee he “would not be surprised” if China was building…
    #NewsBeep #News #Economy #Business #China #CynthiaLummis #digitalassets #digitalyuan #financialinnovations #HKMA #HongKong #realestate #ScottBessent #SenateBankingCommittee #UK #UnitedKingdom
    newsbeep.com/uk/414559/

  8. 🌍 China Enters the Stablecoin Race

    AxCNH, pegged to the offshore yuan and powered by Conflux blockchain, has launched in Kazakhstan to boost cross-border trade and challenge the dollar’s dominance in crypto.

    👉 Could this be the start of a yuan-driven digital economy? Share your thoughts below!

    #ChinaStablecoin #AxCNH #DigitalYuan #ConfluxBlockchain #CrossBorderPayments #Neuronus

  9. 🌍 China Enters the Stablecoin Race

    AxCNH, pegged to the offshore yuan and powered by Conflux blockchain, has launched in Kazakhstan to boost cross-border trade and challenge the dollar’s dominance in crypto.

    👉 Could this be the start of a yuan-driven digital economy? Share your thoughts below!

    #ChinaStablecoin #AxCNH #DigitalYuan #ConfluxBlockchain #CrossBorderPayments #Neuronus

  10. Shanghai Digital Yuan Center Propels China’s Ambition in Global Payment Systems – Here’s How - The People’s Bank of China (PBOC) has established a new digital yuan operations center in... - cryptonews.com/news/shanghai-d #altcoinnews #digitalyuan #china #cbdc

  11. Hong Kong Sounds Alarm on Unapproved Digital Yuan Stablecoins Amid Market Surge - The Hong Kong Monetary Authority (HKMA) has firmly denied social media rumours tha... - cryptonews.com/news/hong-kong- #blockchainnews #digitalyuan #stablecoin #hongkong #news

  12. Bank of China Stock Surges 6.7% on Shock Stablecoin Issuer License News — Is a Digital Yuan Rival Coming? - Shares of Bank of China Hong Kong unit jumped 6.7% on Monday, closing at HKD 37.58... - cryptonews.com/news/bank-of-ch #blockchainnews #digitalyuan #stablecoin #china

  13. China is ramping up efforts to promote the yuan as an alternative to the US dollar, unveiling new digital currency and FX policies, but experts say the yuan still lacks the trust and global infrastructure to rival the dollar amid ongoing capital controls and transparency concerns.
    #YonhapInfomax
    #Yuan #USDollar #DigitalYuan #ExchangeRate #CapitalControls
    #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  14. Global markets react as China's PBOC highlights digital yuan and blockchain's role in reshaping currency order, while US rate cut expectations, Japanese trade data, and Middle East tensions drive key financial trends.
    #YonhapInfomax #PBOC #DigitalYuan #GoldmanSachs #USRateCut #MiddleEastTensions #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  15. China’s Zhejiang Launches Retail Digital Yuan Pilot—Nationwide Rollout Next? - Key Takeaways:

    The initiative will pilot the digital yuan in retail and event-ba... - cryptonews.com/news/chinas-zhe #blockchainnews #digitalyuan #china #cbdc

  16. PBOC Warns Public Against Fake Digital Yuan Investment Scams - Key Takeaways:

    Fraudsters have used false claims to lure victims into scams involving f... - cryptonews.com/news/pboc-warns #blockchainnews #digitalyuan #china #news #cbdc

  17. Guangzhou Expands Digital Yuan Pilot with New Action Plan for 2025 - Guangzhou’s Municipal Financial Work Committee issued an action plan on Friday, J... - cryptonews.com/news/guangzhou- #blockchainnews #financenews #digitalyuan #china #cbdc

  18. China’s Digital Yuan Still Encounters Challenges in Adoption: Report - China’s digital yuan, the country’s central bank digital currency (CBDC), is faci... - cryptonews.com/news/chinas-dig #blockchainnews #cbdcadoption #digitalyuan #china

  19. China’s Digital Yuan Still Encounters Challenges in Adoption: Report - China’s digital yuan, the country’s central bank digital currency (CBDC), is faci... - cryptonews.com/news/chinas-dig #blockchainnews #cbdcadoption #digitalyuan #china

  20. China’s Digital Yuan Still Encounters Challenges in Adoption: Report - China’s digital yuan, the country’s central bank digital currency (CBDC), is faci... - cryptonews.com/news/chinas-dig #blockchainnews #cbdcadoption #digitalyuan #china

  21. China’s Digital Yuan Still Encounters Challenges in Adoption: Report - China’s digital yuan, the country’s central bank digital currency (CBDC), is faci... - cryptonews.com/news/chinas-dig #blockchainnews #cbdcadoption #digitalyuan #china

  22. ‘China’s Digital Yuan Has Failed, and Has Weakened Xi’ – Report - A media outlet has claimed that China’s digital yuan project has “failed,” callin... - cryptonews.com/news/chinas-dig #altcoinnews #digitalyuan #news #cbdc

  23. China’s Digital Yuan Surpasses $1 Trillion In Transactions, Eclipses USDC & USDT - China’s Digital Yuan has shown remarkable growth, with transaction volumes surpassing $1 ... - coingape.com/chinas-digital-yu #24/7cryptocurrencynews #digitalyuan #stablecoin #usdc #usdt