
China
Shanghai eyes nearly $7B from metaverse investment in culture, tourism sectors
Following initiatives from neighboring cities, Shanghai is building its metaverse ambitions under a recently published roadmap focusing on revitalizing its...
Shanghai Clearing House floats digital yuan services for commodity trading
One of the changes of the new regime is abolishing the 2022 “Guidelines for the Spot Clearing Business of Bulk...
Malaysia, China strike partnership to explore AI usage for cross-border blockchain-based applications
The research between China and Malaysia is part of China's government-to-government (G2G) initiative spearheaded by the Ministry of Science and...
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
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
The "Co-creating the future ecosystem with Central Bank Digital Currencies" white paper notes that China's Greater Bay Area is prime...
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