In its latest China financial stability report, the People’s Bank of China highlighted the strides Hong Kong has made in implementing crypto …
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Chinas
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Regulation
China’s Supreme People’s Procuratorate Issues Important Call for Cryptocurrencies
by shayaanby shayaanChina’s Supreme People’s Procuratorate has called for increased efforts to combat money laundering crimes involving cryptocurrencies. The announcement was made during a …
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Finance
China’s Digital Yuan Faces Uphill Battle With Corruption Scandals and Sluggish Adoption
by shayaanby shayaanChina’s digital yuan (e-CNY), once a frontrunner in central bank digital currencies (CBDCs), faces challenges including corruption scandals and slow adoption due …
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The People’s Bank of China has developed a digital yuan visual hard wallet, showcasing dynamic QR codes and offline payments. China is …
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