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DBS Bank China Launches Digital Yuan Merchant Collection Solution


Crypto-friendly bank DBS announced the launch of a digital yuan merchant collection solution for business clients.  The new payment solution will allow mainland Chinese businesses to receive payments in the central bank digital currency (CBDC). The DBS merchant collection platform allows...

Cryptocurrency in China: Central Bank Shake-Up Dims Hopes for Policy Reversal


Hopes that China’s anti-crypto stance could soon change have been crushed by the appointment of a known crypto-critic as the Communist Party’s top official at the People’s Bank of China (PBoC). According to a recent Wall Street Journal report, the Party’s new appointee to the Chinese central bank...

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