Hong Kong’s Secretary for Financial Services and the Treasury Christopher Hui said that over 80 virtual asset-related businesses had expressed interest in establishing their...
A recent study conducted by the analytics company Juniper Research estimated that payments via central bank digital currencies (CBDCs) could reach $213 billion...
The central banks of India and the United Arab Emirates (UAE) will jointly run pilot programs on their central bank digital currencies (CBDCs), according...
By Amaka Nwaokocha
Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity.
WeChat,...
Israel-based payroll and payments technology company Papaya Global unveiled its latest solution this week. The new offering, Papaya Global Payroll Payments, is a...
On March 7th, 2023, China’s State Council, the cabinet, unveiled plans for one of the biggest institutional overhauls in the country. The government aims...
China is abolishing the China Banking and Insurance Regulatory Commission (CBIRC). All its responsibilities will go to its replacement. A new watchdog will...
The Chinese government has plans for a governmental overhaul, according to a new announcement. This includes introducing a new national financial regulator.On Tuesday, March...
