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China

Digital yuan app removes ‘pilot’ from description, fueling speculation for production
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10 June, 2024

Digital yuan app removes ‘pilot’ from description, fueling speculation for production

The People’s Bank of China has yet to formally announce a mainstream rollout of the digital yuan, and local authorities...
mBridge members China, Thailand sign local currency agreement as they look to improve cross-border trade
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30 May, 2024

mBridge members China, Thailand sign local currency agreement as they look to improve cross-border trade

The framework is expected to allow China and Thailand to carry out international trade in the Chinese yuan or the...
Hong Kong enables digital yuan payments
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28 May, 2024

Hong Kong enables digital yuan payments

Hong Kong has become the first destination beyond mainland China to allow residents to open digital yuan wallets and make...
China’s AI models record sky-high utility in multiple industries
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28 May, 2024

China’s AI models record sky-high utility in multiple industries

Among emerging technologies in the market, AI is the most popular tool for many Chinese enterprises, integrating the tech into...
PwC China, Xalts to promote tokenization, programmable assets in finance
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18 May, 2024

PwC China, Xalts to promote tokenization, programmable assets in finance

Banking on Xalts' expertise in designing programmable assets, PwC China strikes a partnership with the firm to create a solution...
Tether still can’t dodge crime links while rival Circle builds US support
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17 May, 2024

Tether still can’t dodge crime links while rival Circle builds US support

The Public Security Bureau in Chengdu, China, recently announced the disruption of a “huge underground bank” that used Tether’s USDT...
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