For the first time, the digital yuan (e-CNY), a token issued by the Bank of China, has been used to purchase securities. The country put the...
CFIUS will review transactions made by bankrupt crypto lender Voyager Digital Holdings Binance.com recently agreed to buy Voyager’s assets for $1.022 billion The Committee on Foreign...
China is launching its first national non-fungible token (NFT) marketplace this New Year. The platform will enable the trading of copyrights for digital assets and other...
Researchers from the Institute of World Economics and Politics under the Chinese Academy of Social Sciences have proposed a bold plan to combat the U.S. Dollar’s...
As the nation increases measures to curb illegal financial flows, Chinese police have dismantled a huge criminal organization reportedly responsible for a 40 billion yuan (US$5.6...
Since graphics cards can no longer be used to mine a cryptocurrency, Ethereum’s long-awaited switch to proof-of-stake has had an even greater impact on the industry....
The highly anticipated Beijing Winter Olympics have come and gone, and the soft launch of China’s CBDC, the e-CNY, had a very frosty reception at the...
You may know the ‘Society for Worldwide Interbank Financial Telecommunication’ as SWIFT – a cross-border payment system that makes it possible for users worldwide to shop,...
Chinese search provider Baidu had announced a self-developed metaverse last year in December. The year when China took a policy decision to curb all private crypto...
After eight years of guesses, discourse, and conflicting reports, China’s digital yuan CBDC made a rather low-key debut at the 2022 Beijing Winter Olympics on 4...