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China
China’s foreign exchange agency seeks tighter control over the digital asset industry
China's foreign exchange bureau says there is a need to regulate and classify the digital asset sector to improve the...
China’s State Council warns against metaverse fever
The State Council issued a warning via the state-backed Economic Day that the metaverse might not be fit for some...
Wuhan removes NFTs from metaverse plans amid regulatory trouble in China
The revised document revealed that Wuhan harbors ambitious plans to build at least two metaverse industrial estates before 2025.
China’s digital yuan wins big in cross-border pilot but potential pitfalls threaten efforts
China's adoption rates of its digital yuan have soared since its introduction, but privacy concerns and a gloomy economic outlook...
Hong Kong moving in different direction toward digital assets from mainland China
Hong Kong is moving closer to its goal of becoming an international virtual assets center as it opens its gates...
Macau advances digital currency acceptance, but will casinos accept?
Macau is eyeing 'currency in digital format' as legal tender as digital payment adoption rises, and while merchants are expected...
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