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Asia focus, Suwatchai Songwanich, Published on 19/04/2021
» India's government made global headlines last month with news of its proposed ban on the possession, issuance, mining, trading and transferring of cryptocurrencies and crypto-assets. If passed, the law would make India the first country to make cryptocurrencies illegal.
Asia focus, Suwatchai Songwanich, Published on 15/03/2021
» China recently joined the United Arab Emirates, Hong Kong and the Bank of Thailand in a joint project that aims to get more Asian central banks to explore the potential of distributed ledger technology, also known as blockchain, to enhance the digital financial infrastructure for cross-border payments.
Asia focus, Suwatchai Songwanich, Published on 14/09/2020
» The People's Bank of China is blazing a new virtual trail with pilot tests of its national digital currency around the country. Digital Currency Electronic Payment (DCEP), the digital version of the renminbi, will be tested in Shenzhen, Suzhou, Xiongan and Chengdu and at venues of the 2022 Winter Olympics scheduled for Beijing and vicinity.
Asia focus, Suwatchai Songwanich, Published on 20/04/2020
» After 76 days in lockdown, the central Chinese city of Wuhan -- where the Covid-19 pandemic began -- is no longer sealed off from the world. This month authorities allowed residents to leave the city for the first time since Jan 23 when its 11 million residents were confined to contain the quickly spreading virus.
Asia focus, Suwatchai Songwanich, Published on 06/04/2020
» Economic forecasts for this year were gloomy enough before Covid-19 started to spread around the world. The outbreak has only increased global turbulence as countries impose lockdowns in an attempt to combat the spread of the disease.