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Nalezeno "Chinese": 1491

Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain


A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand for yuan payments is growing. MKB Employs Bank of Russia’s...

Tencent to Offer Metaverse-Building Services for Asian Markets


Tencent, the Chinese software and tech company, has announced its metaverse suite of services designed to target Asian markets. The company revealed that it will revamp its media offering with its new “metaverse-in-a-box” proposal, which aims to facilitate the task of building virtual...

Chinese Prosecutors Close Net on 40 Suspected Crypto Scammers


Up to 40 suspected crypto scammers are facing prosecution in China – with 10 already standing trial. Per Jimu News, 10 of the alleged scammers are being tried at the Enshi (Hubei Province) branch of the People’s Court on fraud charges. The public prosecution agency claims that the “gang”...

Chinese Government Launching National Blockchain Innovation Center


The Chinese government is setting up a national blockchain innovation center in Beijing to focus on industrial applications and major use cases of blockchain technology, particularly those related to the Chinese economy. China Establishing New Blockchain Center China’s Ministry of Science...

Bobby Kotick Is Stoking Chinese Fear To Champion The Microsoft Acquisition


In order to ease UK regulators’ reluctance to approve the Microsoft acquisition, Activision Blizzard CEO Bobby Kotick went on CNBC to make a case for the merger. His comments about the UK becoming “Death Valley” if the merger was not approved have earned him well-deserved ridicule. But maybe...

Floki launches a campaign to attract additional Chinese users


Predictions suggest that China will play a significant role in the cryptocurrency industry’s future expansion. Taking this as a cue and desiring to capitalize on the situation, Floki has launched a campaign in an effort to attract a vast number of Chinese users. There are plans for the future...

Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US Dollar


Nouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a “bipolar” world. Roubini believes that the Chinese renminbi might be a substitute for the dollar, as new technologies like central bank digital currencies...

Chinese City of Suzhou Aims to Transact $297bn Worth of Digital Yuan in 2023


The city of Suzhou, in China, hopes its residents and local firms will transact a cumulative total of around $297 billion worth of the central bank’s digital yuan token this year. Per Shanghai Securities News, the city – one of the most populous and wealthiest in China – has unveiled a new plan...

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