China
- Editor Choice
The Decline of the US Dollar? Global Economic Trends and the Rise of Cryptocurrencies
Although the US dollar has long been the dominant global currency, its share in global central bank reserves has been…
Read More » - Global News
Bankman-Fried Faces New Charges, Pleads Not Guilty in Superseding Indictment
Sam Bankman-Fried, the former CEO of FTX, has been charged with five additional counts, including bribery, since his arraignment in…
Read More » - Crypto Exchanges
Huobi HT Token Plummets, Prompting Justin Sun to Inject $100 Million to Reassure Traders
Justin Sun, a crypto tycoon from China, aimed to alleviate worries about the stability of Huobi, a major digital asset…
Read More » - Government
Former Bank of China Official Urges Beijing to Rethink Crypto Ban
There is growing talk in China about possibly lifting the ban on cryptocurrencies after a former central bank official called…
Read More » - Government
Turkey Advances Digital Currency Plans with Testing of Digital Lira
The Central Bank of Turkey announced that it has finished the initial round of testing for its digital currency and…
Read More » - Events
Recap of Global Metaverse Carnival 2022
The Global Metaverse Carnival 2022 was held successfully on 06-08 December 2022, with 2900+ overseas attendees,580+ Chinese participants, and 150+ global partners! The Carnival is…
Read More » - Tokenization
Russia Sees Drop in Cross-Border Payments Using Dollars, Euros… Will it Switch to Crypto?
Around half of Russian cross-border payments are now being made in currencies other than the dollar and euro, up from…
Read More » - Companies
China Central Bank Launches Digital CNY Smart Contract Prepaid Fund Management Product
Central Business District Xinlian Technology Co launched the product to the public across the country at the 2022 Second China…
Read More » - Global News
Chinese Municipal Bank Offers First Digital Yuan Loan
The Rural Commerce Bank of Zhangjiagang has issued its first digital yuan loan backed by intellectual property as collateral. The…
Read More » - CBDC
China, more eager to the use of Blockchain than Cryptocurrency
China’s cryptocurrency ban was part of a trend in Chinese economic policy toward greater state intervention. The People’s Bank of…
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