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