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“Digital Yuan Will be Different from Bitcoin” Says Central Bank of China

Central Bank of China deputy director Mr. Mu Changchun announces in his recent media interaction that Digital Yuan will be different from Bitcoin and Stablecoins. According to the South China Morning Post, China’s national digital currency would be a digital form of the Yuan. The head of the digital currency research institute at the People’s […]

China Looks Forward to Implement Blockchain in Agricultural Finance Sector

China Looks Forward to Implementing Blockchain in Agricultural Finance Sector

The Government of China has released ‘Guiding Opinions on Rural Service Revitalization of Financial Services’, to encourage mass adoption of blockchain in the agricultural financial sector. The new framework has been formulated to streamline financial services in rural areas with blockchain;¬†for improving identification, monitoring, and early warning; and reducing the farmer-specific agricultural credit risks.