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A local Chinese bank, the Bank of Huludao, has recently discovered an “intricate embezzlement” and money laundering scheme via crypto orchestrated ...

China’s cryptocurrency trading and mining ban hasn’t deterred local investors from flocking to the crypto market. In defiance of the ban, these inv...

The Shanghai branch of the Bank of China has completed the first settlement of precious metals using the digital yuan. The transaction, finalized o...

The Bank of China Hong Kong, the second largest bank in the region, has completed its first cross-border digital yuan-based trade. The transaction,...

China is poised to implement substantial reductions to its fundamental lending rates this year. This move comes in response to increasing demands o...