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HSBC China Pioneers Digital Yuan Services For Corporates
HSBC China has become the first foreign bank to offer e-CNY services to its corporate clients. This groundbreaking move highlights the bank's commitment to...
China’s Blockchain Breakthrough With Conflux For Global Trade
China is venturing into the future with an innovative blockchain infrastructure platform, thanks to the strategic direction of the Conflux Network. This initiative is...
China’s Digital Leap With First Digital Yuan Tech Bond
In an unprecedented move within the fintech world, a major Chinese infrastructure company has boldly stepped into the future by raising an impressive $350...
China’s Crypo Crackdown Puts Emphasis On Decentralized Exchanges
Will decentralized exchanges prove themselves worthy of providing trading services under a governmental crypto ban?
https://twitter.com/RonMart98722173/status/1442267220243988480
DEX tokens with tremendous gains
The governance tokens of decentralized exchanges...
China Conducts Pilot Test For Blockchain-based CBDC Payment System
The People's Bank of China reports that they have successfully carried out the first salary payments using a blockchain-based version of the Digital Yuan.
https://twitter.com/DeFiTeller/status/1404422989786062855
China...
European Union To Fall Behind Of China And The US, Says European Investment Bank
The European Investment Bank (EIB) predicts a shortfall of up to 10 million EUR (~12 million USD) in annual investments for blockchain- and Artificial...
Spree Of Regulatory Action Against Crypto In China, Iran, UK, Canada
Several countries around the world have started imposing some form of regulatory action concerning crypto assets, with varying degrees of severity.
Mining in China can...
Potential Ban Drives Miners Out Of China
Bitcoin miners are apparently ready to pack their bags after the Chinese government announced regulatory action against crypto mining.
https://twitter.com/MustafaYilham/status/1396574196394651649
Miners fear regulatory action amidst unclear...
China’s Bank Comes Out With A Unique Crypto Wallet For Digital Yuan
China’s digital yuan is approaching, and in the meantime, the country’s banks are developing wallets.
The postal Savings Bank of China recently revealed...
Ethereum Just Passed CitiGroup, Wells Fargo, And Bank Of China In Market Cap
A new crypto price surge took Ethereum's price past $1200, and its market cap above $139 billion.
The move allowed the second-largest coin...