1 / 1 Relevant items tagged with #ChineseDigitalCurrency

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US Lawmaker: Americans Don’t Need CBDC That Can Track Purchases Like China’s Digital Yuan

[Aug 31, 2023 9:30 PM] Several lawmakers have expressed concerns about the privacy risks of the Federal Reserve issuing a central bank digital currency (CBDC). “Americans have a right to financial privacy,” one congressman said, emphasizing: “We do not need a…

China’s Central Bank: Digital Yuan Transactions Reach $250 Billion

[Jul 22, 2023 9:30 PM] China’s central bank governor has revealed that transactions using the country’s central bank digital currency (CBDC) reached 1.8 trillion yuan ($250 billion) at the end of June. In addition, the People’s Bank of China (PBOC) official…

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