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china banks – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 01 Jan 2025 08:59:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png china banks – DIGIT INFO https://www.digit.info 32 32 China tightens crypto trade oversight with new Forex rules https://www.digit.info/china-tightens-crypto-trade-oversight-with-new-forex-rules/ Wed, 01 Jan 2025 08:59:35 +0000 https://www.digit.info/china-tightens-crypto-trade-oversight-with-new-forex-rules/

China’s new forex rules require Chinese banks to track identity, fund sources, and trading frequencies to curb cross-border crypto activities.

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]]> Chinese workers paid in CBDC are cashing it out for real money: Report https://www.digit.info/chinese-workers-paid-in-cbdc-are-cashing-it-out-for-real-money-report/ Mon, 13 May 2024 05:47:14 +0000 https://www.digit.info/2024/05/13/chinese-workers-paid-in-cbdc-are-cashing-it-out-for-real-money-report/

Some participants of China’s CBDC pilot program are reportedly hesitant to hold onto the digital yuan, citing a range of concerns with using the state-backed digital currency.

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