China Central TV Calls Cryptocurrency the Best Performing Asset Around the Year 2020
Cryptocurrency is being praised in the country of China by several major Chinese media outlets. According to a tweet from…
China Needs to Shatter the Hegemony of the US Dollar, suggests PBOC
Hassan Mehmood (Saudi Arabia)China’s yuan may challenge the dollar dominance as the central bank of China is determined to issue state digital currency…
Chinese Bank CCB Opened DCEP Wallet Registration but it is being shut down
China’s one of the major banks China Construction Bank (CCB) started wallet registration for DCEP (digital currency electronic payment) according…
Ripple’s Former CEO Says China Can Effectively Block or Reverse BTC Transactions
The former CEO of Ripple Chris Larsen has said in a recent op-ed article released by The Hill that China…
Chinese Investors Moved $50 Billion in Tether out of China but it did not affect Bitcoin’s Price
In the past twelve months, Chinese investors have moved nearly $50 billion in cryptocurrency outside of China. But such a…
China Sees More Than 10,000 Newly-Established Blockchain Companies in 2020 So Far
Where China is far ahead from other countries in the development of its Central Bank Digital Currency (CBDC) known as…
China Does not Prohibit Bitcoin But Takes it as Virtual Commodity, claims the Beijing Arbitration Commission
China takes cryptocurrency as a virtual commodity but not as money, and so activities related to Bitcoin are permitted in…
Fisco Executive – Digital Yuan May Not Prevail Due to “the China Dream”
China’s Central Bank Digital Currency (CBDC) also known as Digital Yuan is undergoing its testing phase. Among other countries who…
China Decides to test Digital Yuan on Giant Tencent-backed Food Delivery Platform
To test the Chinese digital currency, digital yuan, the central bank of China will employ the food delivery platform, Meituan…
Chinese Ride-Hailing Giant DiDi Becomes a Part of Digital Yuan Project
The People’s Bank of China (PBoC), the central bank of china has found a new partner who has desired to…
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COVID-19 Exemplifies the Need for Central Banks to Accelerate CBDCs Development, Says BIS
Leah Hutton (Luxembourg)The Bank of International Settlements (BIS) has illustrated its narrative on CBDCs and says in its latest report that the…
Chinese Official – China Completes CBDC’s Background Architecture Development
The Central Bank Digital Currency (CBDC) of China also known as the Digital Yuan has just undergone another development phase…
Chinese Officials Propose East Asia Digital Currency to Rival Dollar and Libra
Ifaenyi Egede (Nigeria)East Asia Digital Currency Reports making the rounds and coming out of China is that the officials in the region…
Brazil, China Deny Crypto Siege as South Korea Set to Launch CBDC
An impending digital asset siege is set to happen in both China and Brazil. This development is coming on the…
Bitmain Launches Sale of New Antminer T19
Ido FishmanReports making the rounds have stated that Chinese mining outfit, Bitmain has released a statement that it is intending to…
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China Speeds up CBDC Development to Evade US Threats on Yuan
China could be the first country to officially launch a central bank-backed digital currency after it is aiming to develop…