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China

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...
Beijing plans to train 10,000 engineers in blockchain and other emerging technologies every year
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23 July, 2023

Beijing plans to train 10,000 engineers in blockchain and other emerging technologies every year

Details from the Beijing Digital Technology Skills Talent Training Implementation Plan will be extended to other innovative technologies like artificial...
Chinese police expose $54M money laundering scheme involving USDT
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22 July, 2023

Chinese police expose $54M money laundering scheme involving USDT

A total of 21 suspects were arrested, with Chinese authorities seizing 40 mobile phones and nearly $30,000. All 21 individuals...
China updates draft rules governing generative AI platforms
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16 July, 2023

China updates draft rules governing generative AI platforms

The latest changes in the initial rules seek to control the use of AI platforms that are reportedly not in...
DBS Bank floats digital yuan offering for corporate clients in China
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11 July, 2023

DBS Bank floats digital yuan offering for corporate clients in China

DBS Bank backs the mass adoption of China's CBDC, laying plans to launch a new offering that would allow mainland...
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