As the holiday season unfolds, a new player is stepping into the festive financial scene – the crypto yuan. This article explores the intersection of digital currency and holiday celebrations, unveiling how the crypto yuan is becoming a notable participant in the season of giving and spending. 1. Gifts in…
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Shanghai New World City and Daimaru New World, as well as food provider Taikang Food Store, processed thousands of digital RMB transactions over the weekend, Shanghai Daily reported. As part of the trial, retailers introduced e-payments in RMB as part of a sales campaign to mark International Women’s Day. Shanghai…
China has launched a national blockchain platform that will allow the introduction of state cryptocurrency. The first payments in CryptoYuan will be made in July. While this will take place in test mode. Beijing has serious intentions. Although the Central Bank has not yet officially confirmed the Crypto-Yuan implementation schedule, it is expected…
As you know, the oldest bank of the UK Barclays is one of the world’s largest financial conglomerates with a wide representation in Europe, the United States and Asia. All financial operations of the conglomerate are carried out through a subsidiary bank of Barclays Bank PLC, which ranks second among…
The second largest transaction in the world, the crypto-exchange OKEx in Hong Kong, announced plans to open an office in Malta. “We are confident in the state support of Malta and therefore decided to make this region the basis for its further growth,” the OKEx official statement said. The company,…