China

Second iteration of cross-border CBDC pilot between China, Hong Kong falters
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24 June, 2023

Second iteration of cross-border CBDC pilot between China, Hong Kong falters

The CBDC pilot initiative hit a road bump following several user complaints, including the limited number of merchants accepting the...
China’s Nanjing City district unveils new metaverse ambitions
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18 June, 2023

China’s Nanjing City district unveils new metaverse ambitions

Nanjing City's metaverse roadmap will follow a three-year plan and leverage other innovative technology, including AI, NFTs, and cloud computing.
Standard Chartered, PwC see potential for programmable CBDCs in China’s Greater Bay Area
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10 June, 2023

Standard Chartered, PwC see potential for programmable CBDCs in China’s Greater Bay Area

The "Co-creating the future ecosystem with Central Bank Digital Currencies" white paper notes that China's Greater Bay Area is prime...
Expert views Hong Kong as China’s digital asset regulatory sandbox
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9 June, 2023

Expert views Hong Kong as China’s digital asset regulatory sandbox

Angelina Kwan, CEO of Stratford Finance and former Hong Kong SFC regulator, hinted that the new rules for digital exchanges...
Paper critique: ‘The Birth of Crypto Place on the Blockchain’
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6 June, 2023

Paper critique: ‘The Birth of Crypto Place on the Blockchain’

An aspect of the paper that fails to analyze the technology correctly is a false determination that Bitcoin and related...
Beijing’s new Web3 white paper seeks to foster industry innovation
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1 June, 2023

Beijing’s new Web3 white paper seeks to foster industry innovation

Beijing’s white paper divides Web3 into four distinct areas: the infrastructure, interactive terminal, platform tool, and application layers.
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