chinese

PolkaWorld, Polkadot’s Chinese Branch, Temporarily Halts Activities Due to Funding Disputes

Blount CharlestonSep 19, 20233 min read

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.…

Increasing Number of Chinese Companies Adopt Digital Yuan for Employee Payments

Wyatt NewsonSep 13, 20232 min read

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…

Ant Group, the Chinese fintech powerhouse, introduces its international blockchain brand, ZAN.

Theon BarrettSep 8, 20233 min read

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…

The Pioneering Impact of CBDC on Chinese Retail Payments

Wyatt NewsonSep 5, 20233 min read

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 Faces Scrutiny as It Shuts Down Chinese Investment Fund

Bernard NicolaiSep 5, 20232 min read

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…

JPMorgan Analyzes De-Dollarization Risk, Chinese Yuan as Reserve Currency

Benito CormiSep 5, 20232 min read

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…

Digital Yuan Retail Expansion: Chinese Central Bank Execs Objective

Noah RyptonSep 4, 20232 min read

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…

Chinese Yuan Unlikely to Replace US Dollar as World Reserve Currency, Says Strategist

Benito CormiSep 1, 20232 min read

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…

Chinese Government and Courts Clash Over Virtual Assets

Cino GaperiSep 1, 20232 min read

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…

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