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China’s central bank lays regulatory foundation for CBDC

October 24, 2020 by DIGIT
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The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties

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Categories CBDC, China, Stablecoins
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  • bitcoinBitcoin(BTC)$69,468.000.50%
  • ethereumEthereum(ETH)$2,489.34-0.70%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$568.94-0.37%
  • solanaSolana(SOL)$164.11-1.23%
  • usd-coinUSDC(USDC)$1.00-0.11%
  • rippleXRP(XRP)$0.51-1.05%
  • staked-etherLido Staked Ether(STETH)$2,487.62-0.78%
  • dogecoinDogecoin(DOGE)$0.159313-0.80%
  • tronTRON(TRX)$0.166083-0.67%
© 2024 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$69,468.000.50%
  • ethereumEthereum(ETH)$2,489.34-0.70%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$568.94-0.37%
  • solanaSolana(SOL)$164.11-1.23%
  • usd-coinUSDC(USDC)$1.00-0.11%
  • rippleXRP(XRP)$0.51-1.05%
  • staked-etherLido Staked Ether(STETH)$2,487.62-0.78%
  • dogecoinDogecoin(DOGE)$0.159313-0.80%
  • tronTRON(TRX)$0.166083-0.67%