An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned
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China’s Hainan to boost NFT oversight as digital yuan trial ramps
Hainan’s market regulator wants to promote NFTs as part of the digital economy, but will actively work to weed out bad actors and speculative behavior.
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China’s digital yuan gets smart contract functionality alongside new use cases
China’s central bank digital currency (CBDC) has seen new use cases in recent days, including buying securities and making offline payments.
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Shanghai Metaverse Pilot Introduces Digital Services in 20 Urban Locations
The city of Shanghai is bringing metaverse activities to 20 urban locations, that will allow citizens to use digital tools in different ways according to
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Evolution of Digital Yuan
The digital version of China’s national currency, the Digital Yuan (e-CNY), can now be gifted through the central bank’s digital app… Continue reading on Medium
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China’s Digital Yuan Little Used, Former Central Bank Official Says
Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The
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