
China
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21 October, 2022
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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19 October, 2022
China’s Tianjin province hikes electricity rates to root out miners
Tianjin is now the eighth province to hike the rates specifically targeting the miners, but they all insist it’s a...
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18 October, 2022
China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally
Amid privacy concerns, there has been a strong adoption of China's digital yuan, with transactions using the virtual currency exceeding...
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15 October, 2022
Shenzhen leads China in terms of cross-border CBDC usage: report
Shenzhen-based companies single-handedly accounted for $7.3 million in transaction volumes out of the $22 million made by the four participating...
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4 October, 2022
Russia eyes use of digital ruble in transacting with China
As the U.S. fortifies its grip on the global financial system, Russia targets to give sanctions-hit countries an opportunity to...
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2 October, 2022
Bank for International Settlement wraps up mBridge cross-border CBDC pilot
A month-long CBDC pilot program involving Hong Kong, Thailand, China, and the United Arab Emirates ends with millions in cross-border...