The first case of money laundering involving the use of digital yuan has been reported in China. According to Chinese authorities, in several scam cases, the group involved in the crime used the digital yuan to steal funds from their victims which were further transferred out of the country. ...
A subsidiary of Chinese state-owned multinational conglomerate, Sinochem, has gone into a joint venture agreement with nine other companies to establish a blockchain-based digital service global commodity trading platform called TradeGo. Sinochem Energy inked the deal with Chineses com...
A recently-completed trial of a blockchain-based central bank digital currency (CBDC) by the Banque de France could have a competitive edge over China’s digital yuan (e-CNY), a new Forbes Digital Asset research has shown. The study says the French CBDC could trump China’s...
The director of the Blockchain Research Office of the China Electronics Standardization Institute has disclosed that China is working on its first national blockchain standards. Li Ming says his institute is participating in the development of the blockchain standards which has reporte...
The city of Shanghai is seemingly reaching a new height in its effort to position itself as a major player in China’s race to gain greater influence in digital-age global governance particularly with the use of its digital yuan. As the Feb 2022 proposed launch date for China’s central b...
Two digital trade financing technical trials were recently completed between Singapore and China involving the use of the TradeTrust blockchain framework, Singapore’s communication ministry has confirmed. The two digital letter of credit (L/C) transactions, involving electronic bill of ...
The People’s Bank of China (PBoC) Governor Yi Gang has confirmed on Sunday Oct 17 that the digital yuan’s focus is on domestic and retail use for now. At an online meeting of the Group of 30 International Banking Seminar, Yi Gang reportedly said that cross-border and intern...
eGame unveiled its long-awaited first free trial version on August 9th.They realize their concept of E-sports 2.0 on their website “E-Sports.Games”. What is eGame? eGame realizes the evolution of gaming by using the power of blockchain technology. Their mission is creating a rea...
1. The South China Morning Post (SCMP) launches a NFT platform plan to make factual narratives or real historical assets as NFTs On July 19, SCMP, one of the most famous English newspapers in Hong Kong under Alibaba with a history of 118 years, announced that it would lau...
This is the script of Sam Bankman-Fried (SBF)’s speech on World Blockchain Conference 2021: Hey, my name is Sam Bankman-Fried. I'm the co-founder and CEO of FTX. Thanks for having me at the World Blockchain Conference 2021. Excited to talk to you guys today. I'm...
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