China
- 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…
Read More » - Global News
China has been quietly building a blockchain platform
Chinese President Xi Jinping has declared that his country needs to “seize the opportunities” presented by blockchain technology. In a…
Read More » - Global News
300 million USD of payments on China Digital Yuan during Olympics
China’s digital yuan, is being to make payments valued at $300 million or more daily during Beijing Winter Olympics. This…
Read More » - Government
China’s CBDC grows to 261 million unique users
According to the People’s Bank of China, China’s CBDC now has 261 million unique users. In addition transactions worth 87.5…
Read More » - Government
China and HongKong gear up for phase two of CBDC testing
China and Hong Kong are in the second phase of testing cross-border transactions using central bank digital currencies (CBDCs). Mu…
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