Chinese Authorities Take Action Amid Bank Run and Financial Fears Chinese authorities are taking steps to prevent further financial contagion as a bank run unfolds in…
The Biden Administration Implements New Restrictions on Chinese Access to AI Chips The Biden administration has introduced a second round of restrictions aimed at preventing Chinese…
Zhou Xiaochuan Urges China to Prioritize Security and Prevent Abuse in CBDC Development Zhou Xiaochuan, the former governor of China’s central bank, has emphasized the importance…
China Considers Adding Programmable Features to Digital Currencies In the race to create digital currencies, central banks worldwide are making progress, including China. According to a…
A Chinese Regulator Official Supports CBDC Development A senior official from China’s State Administration of Foreign Exchange (SAFE) expressed support for the development of the country’s…
An Official Suggests Programmable Features for China’s CBDC An official from China’s foreign exchange regulatory body has proposed the use of “programmable features” in China’s Central…
Zhou Xiaochuan Highlights Key Considerations for China’s Central Bank Digital Currency Zhou Xiaochuan, the former governor of China’s central bank, emphasized the importance of security, cost-effectiveness,…
China Launches First Industrial Park for Digital Yuan Development China has opened its inaugural industrial park in Nanjing, Jiangsu province, dedicated to the advancement and implementation…
The 23rd China International Industry Fair (CIIF) Showcases Conflux Network’s Significance in Web3 Technology The recently concluded 23rd China International Industry Fair (CIIF) held in Shanghai…
