China comes up with yet another crypto-related plan to take on the hegemony of the U.S. dollar in international payments. Chinese officials are reportedly planning to create an East Asia…
The Advancing Blockchain Act could allow the United States to join other major players at the cutting edge of blockchain technology. Governments worldwide are reaping the benefits of blockchain integration…
A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain. China Zheshang Bank, a national commercial bank, used blockchain technology to issue an asset-backed…
Another Japanese lawmaker has publicly called for the swift development of the digital yen. The head of the banking and finance systems research commission at Japan's Liberal Democratic Party, Kozo…
Chinese entrepreneurs registered 714 blockchain firms in China this month, resulting in a total of 26,089 such companies operating in the country. According to cryptocurrency data firm LongHash on Jan.…
The development of a digital yuan, or DECP, has taken a great leap forward, according to the People’s Bank of China, the nation’s central bank. In a statement (in Chinese)…