Using the Digital Dirham, the United Arab Emirates (UAE) has effectively completed its first cross-border transaction to China in the amount of $13.6M.
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UAE makes first $13.6M Digital Dirham CDBC Payment to China
Big tech killed the internet — blockchain can help revive it
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The author is general partner at Andreessen Horowitz and author of ‘Read Write Own’ The early internet …
Landmark Digital Dirham payment to China marks CBUAE’s 50th anniversary
Facilitated through the multi-CBDC platform ‘mBridge’, the transaction utilised central bank-mandated digital currencies for international fund transfers …
Redefining enterprise blockchain: Coreum adopts the ISO20022 standard on-chain
Modern financial systems grapple with the need for real-time processing and scalability while struggling with inconsistent data standards across institutions …
VeChain’s China Connection: A Game-Changer for Crypto and Blockchain
Evidence of the prominence of VeChain in China can also be seen in its partnership with China Animal Health and Food Safety Alliance (CAFA).
Philippines to exclude blockchain from its CBDC plan
The Philippines plans to issue a central bank digital currency (CBDC) in the next two years; however, the country chooses alternative paths over blockchain for its strategy, Eli Remolona, the Governor …
Everything Blockchain, Inc.: Everything Blockchain Inc. Poised for Growth in 2024
Feb. 12, 2024 (GLOBE NEWSWIRE) — Everything Blockchain Inc., (OTCMKTS … one by the United States Patent and Trademark Office (USPTO), and one from China’s National Intellectual Property …
Outrage Over China’s 100% Lethal Mutant Corona: ‘Madness Must Stop’
A report has circulated that China has released a coronavirus with a 100% fatality rate, causing shockwaves. / Getty Image Bank Netizens are in shock as news has spread that a Chinese research …
Why the Year of the Dragon doesn’t bode well for China’s declining population
The Year of the Dragon is known to be an auspicious year to have a baby, but experts believe that China’s birth rates are unlikely to see a big rise in 2024.
LAURA INGRAHAM: Biden using TikTok shows the world that he tacitly condones China’s propaganda presence here
Fox News host Laura Ingraham says President Biden is ‘cool’ with using China’s propaganda platform on ‘The Ingraham Angle.’ …
CEO of a $19 billion UK bank with business in Hong Kong since the Victorian age sees a ‘lack of confidence’ unraveling China’s economy
China’s struggling economy is down to a crisis of confidence. Take it from the head of Standard Chartered, the $19 billion London bank that’s plugged into the Chinese market (by way of Hong Kong). The…
Does Evergrande’s Collapse Threaten China’s Economy?
A court in Hong Kong has ordered the liquidation of Chinese property developer Evergrande Group, once the world’s largest real estate company. The failure could pose obstacles to China’s economic …
Fund managers want Beijing to do more to keep the US$380 billion rally in Chinese and Hong Kong stocks going
China will have to do more to convince stock investors about the sustainability of the market rally spurred by recent rescue measures, fund managers Pictet and Saxo say.
