Chinese social media giant Tencent Holdings has closed its non-fungible tokens (NFT) platform Huanhe after just one year of operation. The move comes as regulatory scrutiny...
China is undoubtedly one of the leading counties in developing a national digital currency, a project it has been developing since the year 2014.
Diverse organizations in China are putting the digital renminbi to test through different uses to enable more findings of the digital renminbi application model and to...
China’s digital yuan has been designed for retail transactions rather than to replace the US dollar system, revealed Zhou Xiaochuan, President of the China Society for...
China’s central bank, The People’s Bank of China (PBOC), disclosed that it will be amplifying its trial for digital yuan (CBDC) to more areas, including cities...
The apex financial institution in the Kremlin, The Bank of Russia is on track to begin testing its Central Bank Digital Currency (CBDC), locally known as...
