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Tag: Digital Yuan

Shanghai sets plans to revamp industry, supply chains with blockchain, digital yuan

The government of Shanghai on Tuesday published a set of guidelines to promote blockchain technologies, the digital yuan, and the metaverse in the city’s...

Singapore’s DBS Bank Launches Digital Yuan Payment Solution in China

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc....

Crypto’s Hope for Chinese Embrace Fades Fast as Central Bank Holds Firm – Investor Bites

SNEAK PEEK Pan Gongsheng’s elevation hints at continued Chinese crypto prohibition. China views Hong Kong’s crypto moves as irrelevant. The government’s focus remains on...

Shanghai Clearing House launches digital yuan services for commodity trading

The Shanghai Clearing House, a financial services clearing counterparty under China’s central bank, started digital yuan clearing and settlement services for trading in commodities...

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

The Guangzhou Housing Provident Fund Management Center has successfully implemented the usage of the Chinese version of the Central Bank Digital Currency (CBDC), commonly...

Op-ed: Three regions poised to benefit from a U.S. crypto exodus

The US crypto space is in disarray. In March, its foreshadowing was already in full view when the prestigious law firm, Cooper &...

Central Banks Exploring the Potential of Issuing a Digital Currency

In this digital age, central banks are actively investigating the possibility of establishing their own digital currencies. Central banks acknowledge the need to adapt to the shifting...

SOL Price Indicating Bearish Signals Below $20 Resistance Level

The price of SOL, the native cryptocurrency of the Solana blockchain, has been displaying bearish tendencies as it struggles to break...

Massive Online Transition for Tax and Fee Business in China, Digital Yuan Payment in Pilot Use

Shen Xinguo, Director of the Taxpayer Services Division of the State Administration of Taxation, announced that 96% of tax matters and 99% of tax...

Coinbase CEO Warns of China’s Crypto Dominance Amid US Regulatory Challenges

The lack of regulatory clarity in the crypto space in the USA has been a problem for a while now. The US SEC’s regulatory...

China Will Dominate Global Digital Finance Warns Coinbase CEO

In an opinion piece on May 30, the Coinbase CEO wrote that recent crypto industry turbulence “might make it tempting for policymakers to...

Hong Kong, UAE Central Banks Coordinate on Crypto Regulations – Decrypt

The central banks of Hong Kong and the United Arab Emirates have announced plans to strengthen their financial cooperation—and work together on regulating virtual...

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