First Set of Shanghai Retailers Accept Digital Yuan

Mar 9, 2021

Two Chinese top banks have made it possible for two local department stores and one food caterer to become Shanghai’s first retailers to accept China’s digital yuan on a limited scale over the weekend. According to Li Wei, the Brand Director of Shanghai New World, one of the three r...

Shanghai Stock Exchange Gets Greenlight from the CSRC to Carry Out Blockchain Pilots

Jul 23, 2020

China has been pushing hard to bring blockchain technology into as many industries as it can. Both state and local governments have been introducing long-term plans to further develop blockchain technology and facilitate the creation of new businesses in the industry.  One of the largest fina...