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How Can China’s Digital Yuan Assist Russia in Avoiding SWIFT Sanctions?

Following Russia’s attack on Ukraine last week, NATO allies have voted to apply sanctions that will prevent Russia from participating.

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China is not threatened by the digital currency, according to the CEO of E-CNY

According to Mu Changchun, director-general of the People’s Bank of China Digital Currency Initiative, China does not expect the digital.

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Locals and foreigners alike are not drawn to China Winter Olympic Digital Yuan

On Friday of last week, China launched its domestic digital yuan at the 2022 Beijing Winter Olympics, in an effort.

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China’s central bank is ramping up its search for digital currency experts

The Shenzhen Institute of Financial Technology, a division of the People’s Bank of China’s Digital Currency Institute, has posted 132.

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In 2022, Guangzhou will progress digital yuan and blockchain experiments

Guangdong Province’s Government Report for 2022 predicts that Guangzhou. That’s, the province’s capital, will become a digital yuan testbed and.

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Last year, digital yuan transactions increased to $11.24 billion

The figures are in: historical digital yuan transactions totaled 87.565 billion yuan (US$11.238 billion) as of the end of 2021..

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Wuhan promises to create the metaverse in order to help the Covid economy recover

Wuhan, a significant city in central China where Covid-19 first appeared. Of course, it has announced plans to embrace the.

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China plans to launch its own NFT infrastructure by Jan end, BSN confirms

According to one of its creators, a China state-backed blockchain network wants to introduce non-fungible token (NFT) infrastructure. That is.

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0.042 Bitcoin is demanded by hackers from a Chinese store

According to a Chinese media story, cybercriminals are holding a computer database at a supermarket in eastern China hostage. Now,.

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China Unicom, China’s largest telecommunications company, now takes digital yuan for phone bills

China’s No. 3 telecoms company has begun taking digital yuan payment for phone bills on its app. Thereby, marking the.

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