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China

Shanghai to launch blockchain hub connecting Hong Kong and Singapore by 2025
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8 August, 2023

Shanghai to launch blockchain hub connecting Hong Kong and Singapore by 2025

The government of Shanghai plans to launch a blockchain hub with Hong Kong and Singapore to improve city governance, public...
India, China show high levels of CBDC support: CFA Institute survey
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3 August, 2023

India, China show high levels of CBDC support: CFA Institute survey

CFA Institute reports that countries in the Asia-Pacific region showed the greatest support for launching CBDCs, while advanced economies eyes...
Chinese tourists visiting Hong Kong can now use digital yuan to pay in select stores
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28 July, 2023

Chinese tourists visiting Hong Kong can now use digital yuan to pay in select stores

The move, which began on July 18, follows the launch of a digital yuan shopping festival organized by the Bank...
China: Shanghai unveils plan to improve economy using blockchain, metaverse, CBDCs
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27 July, 2023

China: Shanghai unveils plan to improve economy using blockchain, metaverse, CBDCs

Shanghai’s plans target the development of key sectors, the protection of the environment, and improving the management of operations using...
China eyes cross-border trade with Singapore as CBDC nears $250B transactions
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26 July, 2023

China eyes cross-border trade with Singapore as CBDC nears $250B transactions

Apart from integrating a new wave of cross-border functionalities in its digital yuan, China is looking to drive adoption rates...
Metaverse association tasked to promote industry growth in China’s Zhejiang
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25 July, 2023

Metaverse association tasked to promote industry growth in China’s Zhejiang

The metaverse association kicked off operations with 91 local metaverse companies with plans to increase the size of its members...
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