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China Seeks To Reduce Dependence On Dollar, Proposes To Issue An Asian Yuan
Amid the ongoing global CBDCs adoption, China proposes an Asian-wide digital currency to reduce the continent’s economic reliance on the US dollar. USD is unquestionably the most widely used international currency. дальше »
2022-10-18 04:30 | |
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Australian Senator Proposes Crypto Bill Targeting China's Digital Yuan
The proposal lays out disclosure requirements for banks that could make China's central bank digital currency available for use in Australia, and seeks to set up licensing frameworks for stablecoin issuers. дальше »
2022-9-20 12:35 | |
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China’s Top Court Seeks To Leverage Blockchain Technology For Its Operations
The Supreme People’s Court of China has issued an opinion on strengthening the application of blockchain technology in court operations. According to a six-point document posted on the court’s website Wednesday, the court proposes to thoroughly implement president Xi Jinping’s thoughts on the rule of law and to “promote the innovation and development of blockchain […] дальше »
2022-6-2 21:10 | |
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Central Banks Should Develop Globally Interoperable CBDCs – China Proposes
Central Bank Digital Currencies (CBDCs) should have a set of rules applicable globally to deal with highly sensitive issues like information sharing and monitoring. This is according to a new proposal put forward by Mu Changchun, the director-general of China’s central bank, the People’s Bank of China (PBOC). дальше »
2021-3-26 23:07 | |
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China: Lawmaker Proposes Creation of a National Blockchain Fund
China’s blockchain adoption could go a step further with lawmakers looking at the creation of a national blockchain development fund. Authorities in Beijing continue to push for more involvement of the country’s government in leveraging the emerging technology across several economic sectors. дальше »
2020-5-26 00:07 | |
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Japan Lawmakers Proposes Close Coordination with the US over Digital Currency
Politicians in Japan are appealing to the G7 members to collaborate and perform research on digital currency as a response to China’s schedule to launch the digital Yuan. Some Japanese lawmakers believe China's Digital Currency Electronic Payment (DCEP) could spread widely among the emerging economies and threaten the dollar's dominance. дальше »
2020-2-8 00:02 | |
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India’s cryptocurrency ban? Experts weigh in on ‘draft bill’ that proposes 10-yr prison term for dealing in crypto
The regulatory clarity surrounding Bitcoin and other cryptocurrencies has been lacking in many countries. China and India have always shunned away from cryptocurrencies while encouraging blockchain. дальше »
2019-6-8 17:00 | |
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Agricultural Bank of China Uses Blockchain For $300,000 Farm Loan Mortgage Issuance
Agricultural Bank of China Proposes Blockchain Technology for Farming Mortgage Loans According to Chinese news platform, financialnews. com. cn, the country’s largest bank, Agricultural Bank of China (ABC) has invested nearly 2 million yuan into potentially using blockchain technology to better collect and store information. дальше »
2018-8-1 10:01 | |
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Bank Regulator Proposes Chinese Crypto License In Research Paper
A research paper from China's banking regulator suggests the country should let ICOs operate legally under a financial regulatory framework. дальше »
2018-6-28 09:17 | |
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