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China’s former CBDC chief is under government investigation

China investigating Yao Qian, the former head of the Digital Yuan project. Local media reports say Yao is under probe for “violations of discipline and law.” Yao Qian, a leading…

HSBC and Hang Seng join Standard Chartered and Fubon Bank in China’s Digital Yuan Pilot

HSBC and Hang Seng Bank have officially joined China’s digital Yuan pilot. HSBC China customers can now utilize their debit cards to access personal digital Yuan wallet services. There have…

Capital city of China’s Jiangsu province launches state-backed metaverse platform

Nanjing has launched the China Metaverse Technology and Application Innovation Platform. The platform will be managed by the Nanjing University of Information Science and Technology (NUIST). The platform is aimed…

Conflux to Bring Uniswap v3 and Curve to China’s Public Blockchain

Toronto, Canada, April 14th, 2023, Chainwire Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining…

China’s national cryptocurrency is getting more ominous

China’s central bank governor gave an update on the national currency being developed this week Anonymity and privacy will be protected, he argues Our Analyst Dan Ashmore is not so…