China Sets Up Global Operations Center to Expand Digital Yuan Use
TL;DR China inaugurated an international center for the digital yuan in Shanghai, aiming to integrate its CBDC into cross-border payments. The PBOC launched three platforms: one
china (Latest Publications)
China’s Securities Watchdog Advises Pause on RWA Tokenization
TL;DR China’s securities regulator has urged local brokerages to temporarily halt real-world asset tokenisation in Hong Kong, signaling caution toward offshore digital asset ventures. Hong Kong
First Public RWA Digital Bond Issued on Ethereum: Here the Details
TL;DR Futian Investment Holding issued the first public RWA-backed digital bond on Ethereum, raising around $70 million. The offshore RMB-denominated bond matures in two years with
Reuters: China Prepares Plan for Renminbi Expansion via Stablecoins
TL;DR Policy Shift: China plans yuan-pegged stablecoins to boost the renminbi’s global role, reversing its 2021 crypto ban. Key Hurdles: Capital controls and low global payment
0G Labs Rolls Out Six-Month Developer Initiative to Boost Decentralized AI
TL;DR 0g Labs Localized Training: Six-month program delivers Chinese-language bootcamps, courses, and competitions to onboard 3,000+ developers into the 0G ecosystem. Community Growth: Appointed leaders, offline
China Regulators Move to Suppress Stablecoin Promotion Amid Fraud Fears
TL;DR China instructed brokers and local entities to halt the promotion of stablecoins and cancel events or publications on the subject. Despite the cryptocurrency ban, over-the-counter
Aavegotchi DAO Poised to Reject $3.2M Buyout Proposal: Nearly 90% Say No!
TL;DR Aavegotchi DAO members are set to reject Rongming Investment’s $3.2M buyout; nearly 90% of votes oppose selling the treasury at a 60% discount. Backlash stems
Conflux Reveals Offshore Yuan Stablecoin and Major Network Upgrade: CFX Skyrockets 50%!
TL;DR Conflux teams up with AnchorX and Eastcompeace to roll out AxCNH, an offshore-yuan stablecoin aimed at powering Belt and Road cross-border settlements. The upcoming Conflux
China Explores Stablecoins to Advance Digital Infrastructure and Currency Reach
TL;DR China faces pressure to use stablecoins in international payments as the U.S. strengthens its lead with new regulations. JD.com and Ant Group are seeking licenses
Infini Shuts Down Crypto Cards—What’s Really Going On?
TL;DR Infini, a widely used crypto card provider among Chinese users, has announced the complete shutdown of its card services, citing high regulatory costs. Despite the
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
