Yi Gang News

21.07 / 12:39

PBoC reports transaction volume China's Digital Yuan Hits $250 Billion Transaction Volume, Central Bank Governor Reports

The People’s Bank of China (PBoC) revealed that $250 billion worth of transactions have taken place using the country’s central bank-backed digital currency (CBDC) digital yuan in 18 months since the start of its pilot.

09.09 / 10:04

Reuters Food wellness Cycling country information reports China's CPI climbs by a less-than-expected 0.6% as transport and home goods prices fall

BEIJING — China on Monday reported its consumer price index rose by 0.6% year on year in August, missing expectations as transportation and home goods prices, as well as rents declined.

06.09 / 08:48

markets UPS Fighting wellness reports rights China should focus on fighting deflationary pressure, former central bank governor says

SHANGHAI — China's policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People's Bank of China, said Friday at the Bund Summit in Shanghai.

20.07 / 23:51

Reuters Digital Progressive country China's digital yuan hits $250 billion milestone

Yi Gang, the governor of the People’s Bank of China, revealed the milestone at a conference hosted by the Moneyary Authority of Singapore.As reported by Reuters, Yi Gang said the digital yuan has recorded over 950 million transactions, from 120 million wallets.Yi Gang told the conference: “You can see that right now, the balance of e-CNY is only counting two-tenths of 1% of M0, so that the balance is very small, but with this kind of balance (we) support a big number of transactions, which means that the velocity is high and more efficient.”The Chinese Government has made steady progress in seeding the digital currency across the country, with all banks and digital wallets from Alipay and WeChat onboard.

20.07 / 06:47

business CBDC Adoption regulation Bank of China transaction volume China’s digital yuan nears $250B transaction volume: Central bank governor

Nearly $250 billion worth of transactions have taken place using China’s digital yuan in the one-and-a-half years since the start of its pilot, the country’s central bank governor has claimed.

03.07 / 02:43

NVIDIA Micron China's central bank gets a new party secretary

BEIJING — The People's Bank of China announced Saturday that Pan Gongsheng, head of the country's foreign exchange regulator, would become the central bank's party secretary.

16.11 / 15:19

MET Yellen Meets China’s Central Bank Governor as U.S. Seeks to Repair Ties With Beijing

NUSA DUA, Indonesia—Treasury Secretary Janet Yellen held her first meeting with a top Chinese economic official since House Speaker Nancy Pelosi‘s visit to Taiwan, as the Biden administration works to restore communication lines and prevent a spiraling economic conflict with the world’s second-largest economy.

07.11 / 23:21

Ripple SEC Court Here’s what you should know about the upcoming US midterms: Law Decoded, Oct. 31–Nov. 7

The United States will go to the voting booths on Nov. 8 to decide the fate of all 435 members of the House of Representatives and 34 out of the 100 Senate seats. The outcome will decide the prevailing power balance in Washington and has the potential to affect the crypto industry. Perhaps that’s why 38% of eligible voters will consider candidates’ positions on crypto, according to a recent survey. Another survey suggests that crypto regulation is a bipartisan issue, with 87% of Democratic and 76% of Republican respondents saying they want clarity from the U.S. government on digital assets.

01.11 / 17:09

Digital Валюта CNY Beijing: Digital CNY Will Tread Line Between Ensuring Privacy and Fighting Crime

China’s central bank digital currency, the digital yuan, continues to break new ground. And while it is already in use at over 5.6 million stores in the nation, its architects say they will build privacy-protecting functions into the coin.

01.11 / 13:19

Blockchain Stablecoin regulation Chinese central bank exec says digital yuan will offer ‘controllable anonymity’

Chinese central bank governor Yi Gang, in a recent speech at Hong Kong Fintech Week, talked about the progress of their national digital currency called the digital yuan. He outlined the progress and the adoption of the national digital currency.

05.02 / 02:19

Blockchain Lowe's Digital Winter Olympics Low China: CBDC makes a low key debut at Winter Olympics, two banks phase out cash

After eight years of guesses, discourse, and conflicting reports, China’s digital yuan CBDC made a rather low-key debut at the 2022 Beijing Winter Olympics on 4 February.

10.11 / 16:17

Digital Progressive e-CNY China e-CNY follows this principle, work on multi-CBDC bridge in progress

The world has been watching the rapid rollout of China’s digital yuan, across the country. However, this was also reportedly followed by the country’s first crime involving the CBDC. According to reports, Xinmi Public Security working with the Anti-fraud Center of the Zhenzhou Public Security Bureau arrested 11 people in early November for laundering the CBDC.

facts about Yi Gang

Who is Yi Gang?

Yi Gang is a public personality featured in various informative articles related to trending topics.

Why is Yi Gang attracting attention?

Yi Gang frequently draws public interest due to noteworthy actions, which sparks conversations.

Where can I find the latest news about Yi Gang?

Our website has a dedicated section featuring all coverage related to Yi Gang. We continuously monitor developments and update the information promptly.