China’s Zhejiang Launches Retail Digital Yuan Pilot—Nationwide Rollout Next?

Zhejiang province became the latest testing ground for China’s digital yuan as authorities rolled out a retail-focused pilot program. The central bank’s digital currency underwent real-world testing across various commercial settings, positioning China ahead in the global CBDC race while officials gathered critical data before deciding on nationwide implementation.
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VanEck’s NODE ETF Debuts May 14—30‑Stock Crypto Infrastructure Play With Cayman Tax Twist

VanEck’s NODE ETF received approval for a May 14 launch, featuring 30-60 carefully selected crypto infrastructure companies. The actively managed fund implemented a Cayman Islands structure to bypass SEC restrictions, allowing 25% exposure to digital assets. The strategy provided equity exposure without direct cryptocurrency ownership.
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