Recently, the exchange rate of the RMB has become a hot topic of concern due to a round of large fluctuations in price. On August 29, the onshore RMB closed at 6.9210 Chinese Yuan against the USD, down more than 500 basis points during the day; the offshore RMB exchange rate closed at 6.9298 Chinese …
No Fear of Volatility ACU Continues to Improve RMB’s Toughness Read More »
ACU contributes to the rising position of RMB The Russian Gazette (Vedomosti) recently published news that the Russian Ministry of Finance is studying plans to issue RMB bonds, setting benchmarks for corporate issuers. The news gained widespread attention. It is not unusual for Russia to issue RMB bonds. Just earlier this month, Russia’s Alcoa United …
Scan and pay with e-CNY is now available in multiple Chinese cities for citizens looking to ride their local buses and subways. According to multiple sources, on Tuesday, China officially began rolling out the next round of its central bank digital currency (CBDC) pilot test program. In the city of Guanzhou, it is now possible to pay …
China begins next phase of CBDC testing with e-CNY payment for public transport Read More »
The overseas registration of the trademark “ACU” has been successfully registered in Pakistan. According to the latest official news, the trademark “ACU” has been successfully registered in Pakistan and has received a legal recognition of trademark certification. Up to now, the trademark “ACU” has been registered in 57 countries and regions globally. The “ACU” trademark …
The IoTeX Foundation will examine all DApp developers thoroughly to ensure that they effectively enable machine financialization. IoTeX, a blockchain platform focused on the Internet of Things (IoT), has announced the launch of a $100 million sustainable ecosystem fund. The new fund will back over 1,000 decentralized machine economy startups developing use cases for connecting …
$100M fund aims to support the growth of decentralized machine economy Read More »
Jose Fernandez da Ponte said it’s crucial to engage with world leaders to understand industry’s opportunities and challenges. Major U.S.-based payment processor PayPal has assembled a team of industry experts to act as advisors on crypto, blockchain and digital currencies. In a Tuesday announcement, PayPal said the addition of six members to its Blockchain, Crypto and …
PayPal establishes advisory council for crypto and blockchain Read More »
BSTX‘s SEC approval does not involve crypto trading or any other form of use of blockchain technology. The Boston Security Token Exchange (BSTX), a new facility of the Boston-based BOX exchange, received regulatory approval from the United States Securities and Exchange Commission (SEC) to operate as a blockchain-based securities exchange. BSTX was launched jointly by …
SEC approves BSTX for blockchain settlements on traditional markets Read More »
Medical professionals have developed ways to track and store personal health data securely within the blockchain. Blockchain use cases continue to grow as the world learns about the benefits that it brings. Apart from bringing financial innovations like the ability to do peer-to-peer transactions, blockchain now makes its way to the health industry. Health specialists …
Blockchain meets activity tracking: Project rewards healthy habits with tokens Read More »
Malaysia’s central bank recently completed a proof-of-concept for a CBDC with three other nations and may consider developing its own cross-border payment system using the blockchain. Malaysia has joined the growing cadre of nations that are exploring the value of researching and developing a central bank digital currency (CBDC). Malaysia’s central bank, Bank Negara Malaysia, stated to …
Malaysia’s central bank actively assessing CBDC options Read More »
Samsung will feature its developments in metaverse technology, with several other companies showcasing blockchain, NFT and crypto integrations with the metaverse.Blockchain, metaverse and nonfungible token (NFT) technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week. The CES is an annual event that features exhibitions of …
Blockchain and the metaverse make inroads at Consumer Electronics Show Read More »
