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China Aiming for International Digital Yuan Expansion – e-CNY Going Global?

China is evidently keen on expanding its digital yuan (CBDC) on an international scale, hinting at future integrations with CIPS and BRI. According to a report by Alpha Factory (sourced...
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Central Banks of China and UAE Sign MoU to Strengthen Digital Currency Cooperation

During the recent third “Belt and Road” International Cooperation Summit Forum in Beijing, the Central Banks of China and the United Arab Emirates (UAE) have formalized memoranda of understanding (MoUs)...
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Hong Kong Emerging as Crypto Hub Amid East Asia’s Regulatory Challenges – Is China Reversing Course?

Despite Eastern Asia, previously a dominant player, experiencing a dip in cryptocurrency engagements in recent times, Chainalysis, a research company, believes Hong Kong might offer a rejuvenating momentum for the...
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Bitcoin Gains Recognition As A Unique, Non-Replicable Digital Asset Following Chinese Court Report

The Shanghai Second Intermediate People’s Court in China has clarified that Bitcoin (BTC) is distinctively recognized as a virtual asset due to several factors, including its limited availability. On September...
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Chinese Banks, Firms Make Digital Yuan Smart Contract Progress

Chinese banks and enterprises are keen to intensify their utilization of smart contracts powered by the digital yuan, reflecting the financial and business sectors’ attention to CBDC advancements. According to...
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More Chinese Firms Paying Workers in Digital Yuan

An increasing number of Chinese enterprises are adopting the digital yuan for salary payments, in line with Beijing’s efforts to boost the usage of its Central Bank Digital Currency (CBDC)....
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Hong Kong Widens Testing of China’s Digital Yuan to Additional Banks

Hong Kong is progressing into the next phase of technical testing for China’s digital currency, the digital yuan, broadening the trial to encompass additional Hong Kong-based banks. The collaboration between...
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Chinese Bank Uses Digital Yuan Giveaway to Promote Waste Recycling Drive

A commercial bank in China has rolled out a novel rewards program utilizing the digital yuan, where individuals earn CBDC tokens for recycling waste. As reported by Danzong through Xinhua,...
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China Minsheng Bank, JD.com Unveil Digital Yuan Collaboration

Minsheng Bank in China has revealed a partnership with the e-commerce behemoth JD.com, which is enthusiastic about the Central Bank Digital Currency (CBDC), to initiate a digital yuan-driven payment facility....
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Chinese Bank Launches CBDC Bulk Commodity Clearing Service – Digital Yuan Adoption Accelerates?

Chinese banks are exploring the expansion of digital yuan usage in their functions, initiating the country’s premiere settlement service for bulk commodity spot clearing driven by the central bank digital...
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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin30,725 0.01 % 1.07 % 0.13 %
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