Just now, Asia Digital Currency Co., Ltd. officially announced that the company’s “Asian Dollar ACU” trademark was successfully registered in the Macao Economic Bureau. Not long ago, “Asian Yuan ACU” just obtained the Philippine trademark.
Up to now, “Asian Dollar ACU” has been successfully registered in Singapore, South Korea, Brunei, Hong Kong Special Administrative Region, Japan, the Philippines, Macau and other Asian countries (regions) and the 27 EU countries.
As one of China’s two special administrative regions, Macau, like Hong Kong, has always paid close attention to blockchain and digital currency. Just over two months ago, the Macau Industry Blockchain Association (MOIBA) was formally established, with Zhu Jiaming, an economist and chairman of the Academic and Technical Committee of the Digital Asset Research Institute, serving as the chairman of the association.
Regarding the development of the blockchain in Macau, Zhu Jiaming said in an interview with the media: “Since 2019, or even earlier, Macau has begun to seek a path of industrial diversification. It is against this background that Macau chooses blockchain As the main technical means or important tool in the industrial transformation. Of course, the current industrialization and landing of blockchain in Macau is still at a fairly early stage, and the scope of application is basically in smaller industries, small and medium-sized enterprises, especially Traditional service industry. However, the development of blockchain in Macau has a great future. This is because the application of blockchain in Macau will focus on new industries. In particular, blockchain is the economy and finance of Macau and Hengqin. The cooperation provides unprecedented technological prerequisites and contributes to the integration of Macau and Hengqin.”
This time, the “Asian dollar ACU” trademark was successfully registered in Macau, which will, to a certain extent, help the development of Macau’s blockchain industry. For Yayuan, this is also an important step in Yayuan’s globalization strategy.
Asian Dollar ACU was issued and launched in Hong Kong in 2019 by Asia Digital Currency Co., Ltd. The Asian dollar is an Asian regional currency based on the framework of Asian financial integration, with a total issuance of 1 trillion. The Asian dollar can be settled in real time, and the transaction cost is greatly reduced. With the participation of the auditing agency, the Asian dollar implements the linked exchange rate system with reference to the Hong Kong dollar issuance system, and chooses the offshore RMB exchange rate as its exchange rate, according to offshore RMB 1: 1 Redemption. The Asian dollar is committed to becoming a bridge between Asian currency integration and the internationalization of the renminbi, and gradually builds it into a unified currency in Asia.