
Digital Yuan
China bares CBDC upgrade; Australia’s Project Acacia underway
In a bid to boost CBDC adoption, China steps up its game by upgrading its digital yuan hardware wallet, while...
China strikes deal with Kazakhstan on cross-border CBDC
With an ambition to transform the cross-border payments ecosystem, China partners with Kazakhstan in exploring CBDCs, which comes at the...
Huawei records huge leaps in AI, rivaling US and European counterparts
Huawei's artificial intelligence infrastructure, Ascend, has moved to second place in the Chinese market and has a reputation for being...
Tencent to participate in mBridge MVP
Through its domestic payments platform, Tenpay Global, Tencent has been testing mBridge payments for e-commerce exports and will participate in...
HSBC extends digital yuan services for corporate clients, eyes new use cases
With talks of the commercial rollout of the digital yuan just around the corner, HSBC has started offering corporate clients...
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...
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