With proper regulation set in place, stablecoins can manage to fulfill their promise and ensure that more funds will reach all those in greatest need. Currently, institutional interest in the ...
The Shenzhen branch of the People’s Bank of China (PBoC) appears to be taking a hard-line approach to crypto-related activities that are perceived to be illegal. Based on a report ...
The Bank of Korea’s central bank digital currency (CBDC) project started at the end of July 2021 and has been gaining traction ever since. According to an official report by ...
China has accelerated its developments and advancements in the blockchain space and has been vocal about the technology. The country is gradually rolling out its central bank digital currency (CBDC), ...
On June 8, reports emerged that the Hong Kong Monetary Authority (HKMA) has unveiled its “Fintech 2025” strategy. Interestingly, retail and wholesale central bank digital currencies (CBDC) have been included ...
The mobile payment platform owned and operated by Ant Group, Alipay, is expected to let some of its users participate in the emerging digital yuan commerce ecosystem. Based on a ...
While many central bank executives in the West like Christine Lagarde and Jerome Powell seem to be postponing the subject of central bank digital currencies (CBDCs), China is making considerable ...
Ant Group, an affiliate of Alibaba, has launched its partnership with PBoC to develop the digital yuan. The firm has been involved in the development of China’s CBDC since 2017. ...
Some of China’s biggest state banks are now actively promoting the digital yuan as a superior means of payment to the country’s two leading payment providers WeChat Pay and Alipay. ...
South China's Hainan Province operates and administers the prefectural Sansha City on a disputed archipelago located in the South China Sea. The Province is scheduled to run a 2-week campaign later in ...
