Beijing Residents Set For $6.2 Million Worth Of Digital Yuan Windfall
Shelly Melancon (Switzerland)China is continuing a test run of its digital currency by allowing Beijing residents to own $6.2 million worth of…
China: Traders Turn to OTC as Crackdown Intensifies
Threats from Chinese authorities seem to have little or no effect on their citizen's demand for digital assets. Despite Beijing's…
FSS to Supervise Digital Assets; Crypto in a Negative Space?
The FSS will control the tower supervising the nation's mushrooming digital asset space, ending the discussion on who to take…
China Mining Ban makes MicroStrategy CEO Feel Lucky
Hassan Mehmood (Saudi Arabia)While Bitcoin and Ethereum holders are not happy with the China crypto mining crackdown, Michael Saylor, the biggest Bitcoin proponent,…
Crypto Market Slides Further As Miners In China Down Tools
Following the news of the massive crackdown on China crypto miners last Friday, there has been about a 20% decline…
MicroStrategy CEO Believes China’s Ban On Bitcoin Mining Could Be A Positive Sign
In recent news, China’s government had made its goals and intentions abundantly clear when it decided to initiate crackdowns on…
Crypto Activities in China to Face More Scrutiny
On Sunday, China's state media warned that crypto dealings would face more supervision and inspection. Keep in mind that Bitcoin…
China Bans Institutions From Dealing in Cryptocurrencies
The Chinese government has banned financial institutions in the country from the use of cryptocurrencies in their transactions. Reports From…
China’s Digital Yuan Can Be the Future of Currency – But will it Affect Global Stability?
China's crypto, digital yuan, is having hopeful progress so far. You may have noticed how multiple administrations joined the crypto…
China Fights Financial Scams with Updated Fraud Rules
As the latest anti-fraud regulations start to operate on Saturday, China has toughened its war against financial scams. The crackdown…
Bitcoin Mining: China To Implement ‘Stricter Supervision’ Due To Carbon Concerns
The cryptocurrency mining activities in Beijing will be subjected to tight regulation in the years ahead. Credible reports indicate that…
China Plans To Allow Athletes Use Digital Yuan At The 2022 Olympics
China announced plans to permit foreigners and athletes to use the recently created digital yuan in the 2022 Beijing Olympics.…
Debates Arise Over The Design Of The Digital Yuan
Before now, China has been working on its digital currency for a long while, with the research into its feasibility…
PBoC Takes Digital Yuan Testing To Hainan Province
Digital currencies have continued to see positives reviews and feedbacks from countries across the world. This is evident because even…
Rising Cryptocurrency Crimes In China May Evoke Strict Crypto Regulations In Country
There has been a recent spike in Bitcoin prices, as we have witnessed an increase of over eight-fold since the…
China Includes Blockchain Technology In 5-Year Policy Plan
China has formulated a blockchain plan in its 5-year policy plan draft for the first time while also embracing advanced…