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China

Chinese state-owned entities settle $14M cross-border gold trade with digital yuan
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30 December, 2023

Chinese state-owned entities settle $14M cross-border gold trade with digital yuan

Other participants include the Shanghai Financial Exchange International Board and the Bank of China (Hong Kong), with participants pledging increased...
China blockchain-based ID experiment aims to stop data leaks
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29 December, 2023

China blockchain-based ID experiment aims to stop data leaks

BSN and Ministry of Public Security are pioneering RealDID, a blockchain-based ID system set to transform online verification for China’s...
China proclaims Web3 policy, hails new opportunities, downplays surveillance
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22 December, 2023

China proclaims Web3 policy, hails new opportunities, downplays surveillance

China's MIIT replied to a proposal submitted during the First Session of the 14th Chinese People's Political Consultative Conference in...
China to implement blockchain-based identity verification system
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20 December, 2023

China to implement blockchain-based identity verification system

China leverages blockchain technology for digital identity verification, introducing RealDID for citizen control and privacy, and advancing the national data...
Taiwan’s central bank completes CBDC feasibility study
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15 December, 2023

Taiwan’s central bank completes CBDC feasibility study

Taiwan is exploring a digital New Dollar with a completed central bank digital currency proof-of-concept, aiming to streamline payments, enhance...
China, Singapore launch digital yuan cross-border payments pilot for tourists
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14 December, 2023

China, Singapore launch digital yuan cross-border payments pilot for tourists

The Monetary Authority of Singapore and People's Bank of China have signed the MOU to allow Chinese and Singaporean tourists...
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