Although crypto trading has been outlawed on the mainland for years, Chinese banks have reached out directly to crypto firms in recent months, adding to evidence that Hong Kong’s desire…
A shift in the digital currency environment may occur due to Russia’s latest decision to utilize the Chinese yuan instead of the U.S. dollar in trade settlements with nations in…
China will establish a new federal financial regulatory body to replace its current banking and insurance watchdog, following plans for developing a national data bureau unveiled recently.
The legislature may vote…
WeChat has joined the growing list of Chinese platforms supporting the country’s central bank digital currency (CBDC), the digital yuan (e-CNY). The move is expected to boost digital yan adoption…