Chinese Companies Embrace CBDC for Supply Chain Financing

Chinese Companies Embrace CBDC for Supply Chain Financing

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  Source: SeanPavonePhoto/Adobe 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 of China (ICBC). JD Technology is…

China Emerges as Binance’s Key Market Despite Cryptocurrency Trading Ban

China Emerges as Binance’s Key Market Despite Cryptocurrency Trading Ban

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  Supply: Pexels China has emerged as the most important marketplace for main crypto change Binance, regardless of a ban on crypto buying and selling within the nation. In keeping with a Wall Road Journal report from Wednesday, Binance customers positioned in China traded crypto price as a lot as $90 billion in a single…