Emerge is TechNode’s annual conference about emerging trends in China tech. It presents a strategic and forward-looking view of China’s tech sector in English with voices from experts and representatives of leading companies.
The digital yuan is trialed again in Shenzhen, at ATMs and via a smart card. Crypto mining rig prices soared as Bitcoin hit the $41,000 mark.
Crypto exchanges are shutting off Chinese users from derivatives trading. A government official said digital yuan could run on Ethereum.
Ant Group employees can use the Alipay app for digital yuan transactions in select locations, including the Lujiazui district in Shanghai.
The central bank’s DCEP project is about a lot more than a “mainstream” central bank digital currency, wrote one of China’s foremost financial figures.