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China’s digital yuan speeds up: expanding pilot areas and exploring cross-border payments

After several years of research and design, China’s digital yuan (also known as digital RMB or digital Renminbi) officially moved from concept to pilot in 2020. From Shenzhen, Suzhou, Xiong’an New District, and Chengdu to take the lead in internal

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Payoneer cooperates with eBay for Chinese market with doubtful compliance

International cross-border payment giant Payoneer has announced a partnership with eBay to become eBay’s exclusive payment and receipt service in Greater China. However, Payoneer’s official website does not indicate that it holds a cross-border payment license in China, and it

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