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China

Macau steps closer to digital yuan use in casinos
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16 April, 2021

Macau steps closer to digital yuan use in casinos

Macau’s Chief Executive Ho Iat Seng informed the Legislative Assembly of plans to “study the feasibility of issuing a digital...
Digital yuan pilot moves to southern Hainan province
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12 April, 2021

Digital yuan pilot moves to southern Hainan province

In its latest test, the PBoC has partnered with the Industrial and Commercial Bank of China’s Haikou branch and the...
‘Blockchain computing’ plan in the works in China’s Yunnan province
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9 April, 2021

‘Blockchain computing’ plan in the works in China’s Yunnan province

The plan, published by the General Office of the People's Government of Yunnan Province, outlines 10 areas that officials intend...
Chinese banks open for digital yuan wallet applications
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30 March, 2021

Chinese banks open for digital yuan wallet applications

The move is being seen as a widening of the scope of trials of the digital currency, following successful regional...
China’s digital yuan will be private but not anonymous: CBDC lead
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24 March, 2021

China’s digital yuan will be private but not anonymous: CBDC lead

The controllable anonymity will protect the central bank digital currency against criminal use and ensure the bank can track all...
Chinese ICT Firm splurges on blockchain mining hardware
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24 March, 2021

Chinese ICT Firm splurges on blockchain mining hardware

Zhongjia Bochuang announced plans to buy millions' worth of specialized ASIC mining machines from hardware manufacturer MicroBT.
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