Wang Xin, director of the People’s Bank of China research bureau, said that the Hong Kong Monetary Authority and the PBoC have conducted technical tests on China’s central bank digital currency’s cross-border use. According to the local news agency Sina Finance report, the official announced the news at a Thursday press conference hosted by the State […]
On Wednesday, the Eastern Carribean Central Bank (ECCB) officially launched DCash, its central bank digital currency (CBDC). DCash is a digital version of the Eastern Carribean dollar — which is the official currency for eight Carribean nations. The ECCB has partnered with fintech provider Bitt to oversee infrastructure and operation of the brand new digital currency. Today, #DCash, designed and developed by international fintech company Bitt in partnership with Eastern Caribbean Central Bank (ECCB), became […]
Welcome to China × Cleantech — February 2021 edition. Our China x Cleantech series covers top cleantech stories in China each month.
EV Sales
8.4% Of Chinese...
As digital payment tools become increasingly widespread, traditional finance is also seeking to create a worthy alternative to the existing means. That is why numerous countries are exploring the potential of Central Bank Digital Currency (CBDC).
Motivated by our growing problem with plastics, which are environmentally damaging both to produce and after they're disposed of, scientists are tinkering away...