PolkaWorld Halts Operations Due to Proposal Rejection The Chinese community for Polkadot, PolkaWorld, has announced a temporary halt in its operations after its proposal was rejected.…
Chinese Companies Paying Workers in Digital Yuan Chinese companies are embracing the use of the digital yuan to pay their employees, as Beijing aims to promote…
The Launch of ZAN: Ant Group’s New Blockchain Service Ant Group, the fintech affiliate of Alibaba, has introduced ZAN, a blockchain service designed for Hong Kong…
China’s Digital Yuan: Will You Embrace It? The adoption of China’s Central Bank Digital Currency (CBDC) is being driven by various factors, including upgrades required by…
BlackRock Shuts Down China Flexible Equity Fund Due to Lack of Investor Interest BlackRock, the global investment management firm, has announced the closure of its China…
Is the US Dollar Losing Its Dominance? In a recent report titled “De-dollarization: Is the US dollar losing its dominance?”, JPMorgan’s Global Research explores the potential…
Changchun Mu: Digital Yuan Should be Available in Retail Scenarios Changchun Mu, an executive from the People’s Bank of China (PBOC), emphasized the need for the…
US Dollar v Chinese Yuan In a note, Skylar Montgomery, senior global macro strategist at Globaldata TS Lombard, explained that the Chinese yuan is unlikely to…
The Courts’ Recognition of Virtual Assets in China: What You Need to Know China’s relationship with cryptocurrencies has been complex, with the government imposing a ban…