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China Set for Digital Yuan Adoption Drive Ahead of Asian Games


China is readying a fresh digital yuan adoption push ahead of next month’s Asian Games, with the nation ready to show off its CBDC to a large international audience for the first time. Citizens in the pilot zones will be able to buy tickets for the event using the central bank’s official CBDC...

China’s JD, ICBC to Launch Digital Yuan Supply Chain Financing Solution


Chinese firms and commercial banks are working on new digital yuan supply chain financing solutions, with a new CBDC smart contract solution set to launch. Per CICC (via Cnfol), the latest innovation has been developed by JD Technology, in conjunction with the Industrial and Commercial Bank...

BRICS States Should Tackle AI Risks Together, Xi Jinping Says


BRICS nations should address the risks related to artificial intelligence (AI), Chinese President Xi Jinping said during the group’s summit in South Africa. China’s leader is also convinced that the members of the economic bloc must work to standardize the technology. BRICS Should Strive for...

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