Shanghai ranked as the world’s third-most competitive fintech center for the second straight year thanks to its fintech strength and development resilience, according to the latest list compiled by...
China’s rapidly expanding artificial intelligence (AI) sector has nudged aside finance to top the country’s salary rankings for the second quarter of 2024, as Beijing’s push for self-sufficiency in...
The White House reportedly wants U.S. artificial intelligence (AI) companies to form partnerships in the United Arab Emirates (UAE). By launching operations in the UAE, the U.S. could build...
U.S. Pentagon officials are keeping close tabs on a Wyoming-based Bitcoin (CRYPTO: BTC) operation owned by Chinese interests amid fears of potential national security risks.The Bitcoin mine, located opposite...
China is to start paying the salaries of some civil servants and public officials using its central bank digital currency (CBDC), it was reported today. The current take up...
Officials and experts have discussed the development and trends of China’s intelligent finance. A report on the topic was released on Sunday, during an online conference hosted by a...
China’s central bank digital currency (CBDC) reached the milestone of 100 billion yuan (US$13.9 billion) worth of transactions amid a slowdown in uptake, South China Morning Post (SCMP) reported...
Alipay, WeChatPay mobile payments dull appeal of central bank’s efforts Eight years after China first embarked on the path toward a digital yuan, the central bank’s pilot program for...
A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and better security in financial tech, state media reported, with the sector hit hard...
The President of the United States has the power to block certain investments in U.S. companies from foreign companies if they are seen as a threat to the national...