Chinese bank begins testing offline payments for the digital yuan
One of China's largest state-owned banks, Bank of China, is testing a new offline method for paying with the digital yuan (e-CNY) linked to SIM cards.
Chinese bank begins testing offline payments for the digital yuan
One of China's largest state-owned banks, Bank of China, is testing a new offline method for paying with the digital yuan (e-CNY) linked to SIM cards.
Circle CEO doubts China’s embrace of cryptocurrencies
Circle CEO Jeremy Allaire, who runs the USDC issuer, harbours no illusions about the emergence of a crypto market in China, but is optimistic about Hong Kong.
Senator urges DOJ and SEC to probe Prometheum, the crypto broker
American Republican Senator Tom Tuberville urged the Department of Justice and the SEC to study Prometheum’s activities — a broker in the digital-asset space.
Jinan Adopts Digital Yuan for Transit Fares
Authorities in the Chinese city of Jinan implemented digital yuan fare payments on all bus routes and launched a CBDC incentive program.
Bitcoin skeptic lands key post at the People’s Bank of China
Pan Gongsheng, deputy governor of the People's Bank of China, was named the CPC secretary at the institution.
Changpeng Zhao comments on CCTV portrayal of SEC lawsuit on Chinese television
China's state broadcaster CCTV included in its news programme a report on the SEC's lawsuit against the cryptocurrency exchange Binance and its chief executive Changpeng Zhao, according to The Block.
Beijing Publishes White Paper on Web3 Innovation and Development
Beijing's Municipal Science and Technology Commission published the 'White Paper on Web3 Innovation and Development' (2023). The local publication The Paper reports.
Zhengzhou to build hub for metaverse-focused startups
Authorities in Zhengzhou (Henan province, PRC) published a plan to launch a hub for metaverse-focused startups. As part of the initiative, a dedicated fund of 10 billion yuan ($1.42 billion) will be created to develop the industry.
Changpeng Zhao Sees Signs of a Bull Market Thanks to Chinese Television
A cryptocurrency-related report on China Central Television (CCTV) sparked chatter in local communities, noted Binance CEO Changpeng Zhao.
China launches a state platform to develop the metaverse
Nanjing, the capital of Jiangsu province, launched a platform for innovative blockchain technologies and applications aimed at promoting and developing metaverses.We use cookies to improve the quality of our service.
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