Programmable CBDCs Gain Favor in China, but Face Resistance from Privacy...
A whitepaper published by two prominent financial giants has expressed support for the implementation of programmable CBDCs in one of the world's largest economic...
China’s Cosmos and ChainLink Plan
China has asked for guidance from the teams behind Cosmos and ChainLink for their Blockchain Service Network (BSN), it was revealed last month. Researchers...
Chinese State Media Removes Crypto Video Following Binance CEO’s ‘Big Deal’...
On May 24, China's state-affiliated media company CCTV broadcasted a video on cryptocurrency, which generated significant attention on Crypto Twitter. Binance CEO CZ considered...
Metalpha Launches $100M Fund for Grayscale Crypto Assets
Cryptocurrency and digital asset products are quickly becoming the preferred option for many investors as Grayscale’s disruptive innovation continues to redefine the landscape. Hong...
How Hebei Residents Can Save Up To $73 With Digital Yuan...
Hebei province in China is encouraging its citizens to adopt digital yuan by issuing them central bank digital currency (CBDC) discount coupons. According to...
China escalates challenge to US Dollar with East Asian Digital Currency
China is proposing a plan to create a digital currency for the East Asian region in an attempt to carve out a world away...
China’s Blockchain Research Center Trains 500K Skilled Professionals for Web 3.0...
China has taken a major step towards becoming a leader in the cryptocurrency and blockchain technology space. This is by launching a national blockchain...
Digital Yuan Loans for Small and Micro Businesses in Hunan Province:...
The Bank of Communications in Hunan Province, China, has debuted new digital yuan loans for tech startups. This is with Beijing keen to explore...
China’s Credit Expansion Boosts Risk Assets Like Bitcoin
The U.S. Federal Reserve is maintaining an anti-liquidity stance, while China is taking the opposite approach. According to MacroMicro, the credit impulse index in...
Hong Kong Receives China’s Blessings to Set Up Asia’s Biggest Crypto...
In what might be considered a contrast to mainland China's strict anti-crypto stance, Hong Kong's goal of becoming a cryptocurrency hub is reportedly seeing...