China
Shenzhen to Double Digital Yuan Giveaway in China's Latest Lottery Test
The latest digital currency giveaway is aimed to gauge user experience ahead of an expected launch.
OKCoin to Suspend XRP Trading and Deposits on Jan. 4
OKCoin became the latest exchange to suspend XRP trading and deposits as of early next year.
The Rise of the Bitcoin Class
How a VC working in China finally convinced her Dad to buy into Bitcoin. The winning argument: Protection against government seizure.
Bridging Cultural Gaps in 2021: Crypto in China and the US
Culture nuance defines a business climate. Multicoin investment principal Mable Jiang breaks down the divisions between East and West.
Ex-People's Bank Chief Says Digital Yuan Not Planned to Replace Global Currencies
"We are not like libra and we don’t have an ambition to replace existing currencies,” said a former governor of the People's Bank of China.
3 Chinese E-Commerce Giants Join Latest Digital Yuan Lottery Trial: Report
Didi, Meituan and Bilibili are reportedly taking part in the latest test of the digital yuan, allowing lottery winners to spend the digital currency online.
Mass Adoption of a Digital Euro Could Be a ‘Clear Negative’ for Europe’s Banks: BofA
A Bank of America report on a possible mass-adopted digital euro noted that such movement could spell difficulty for commercial banks that could see some of their deposits migrate to the European Central Bank.
Huobi's HUSD Stablecoin to Run on Nervos Blockchain
China's Nervos picks Huobi's HUSD as the first available stablecoin on its blockchain amid a DeFi boom in China.
China's Latest Digital Currency Trial Is Its Most Important Yet
More money, more participants, more participating banks and merchants – a look inside the latest DC/EP trial in Suzhou.
Hong Kong in Talks With PBOC on Digital Yuan Trial for Cross-Border Payments
PBOC’s Digital Currency Institute and the HKMA are discussing the technical pilot testing of using e-CNY form making cross-border payments.
