Beware of Fake Digital Yuan Apps, Chinese Authorities Warn The Chinese Ministry of Industry and Information Technology (MIIT) has issued a warning about fraudulent schemes involving…
Chinese Car Buyers Can Now Pre-Pay with Digital Yuan Smart Contracts The city of Shenzhen in China has introduced digital yuan smart contracts for pre-payments on…
Chinese Company Raises $350 Million in Digital Yuan for Tech Innovation Bond A Chinese infrastructure company, Shandong Hi-Speed Group, has successfully raised $350 million in digital…
The People’s Bank of China Plans to Expand Digital Yuan Pilot in Hong Kong The central People’s Bank of China (PBoC) has announced its intention to…
China Proposes Accelerated Adoption of Digital Yuan in Beijing and Shanghai China authorities have put forward new policies aimed at speeding up the adoption of digital…
A Landmark Case: Money Laundering with Chinese Digital Yuan and Cryptocurrency A Shanghai court has set a significant legal precedent by issuing a verdict in the…
Chinese Law Enforcers Bust Gang Using Digital Yuan for Money Laundering Law enforcement authorities in China have announced the dismantling of a criminal gang that was…
Inadequate Regulatory Framework for Digital Yuan Raises Concerns China’s push for the adoption of the digital yuan has inadvertently led to an increase in illicit activities…
Chinese Banks Promote Cross-Border Digital Yuan Spending Chinese banks are encouraging cross-border spending with the digital yuan. Haikou, a popular tourist destination, has introduced tax-free coupons…