China
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CBDCs Will Transform Global Financial Systems – Bank of America
In a recent study, analysts from the Bank of America (BoA) discussed the dangers of stablecoins and the positive adoption…
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China Adds Smart Contract Feature And More To Digital Yuan
In recent months, new use cases have emerged for the Chinese CBDC, the digital Yuan. Some of these uses include…
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Miami Mayor Reveals Salary Increase Amidst Bear Market
In the past year, the price of BTC has seen extreme highs and lows, with the most recent bear market…
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FinCEN Indicts Binance As Counterparty In The Order Against Bitzlato
The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has named the world’s largest crypto exchange, Binance, as a counterparty in…
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Crypto Market Plummets: Government Regulations, Stock Market Boom and Investor Caution to Blame
The cryptocurrency market has seen a significant decline in recent weeks, with the overall market capitalization falling from an all-time…
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Popular Fast-Food Giant Plans Metaverse Move In Chinese Lunar New Year
In celebration of the Lunar New Year campaign, the US fast-food giant McDonald’s, in collaboration with the Chinese Mexican content…
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Nepal Enforces Crypto Crackdown By Ordering ISPs To Block Crypto Transactions
According to reports, Nepal has taken another major step toward blocking the use and transfer of cryptocurrency in the country.…
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A More Solid Footing Is Needed For Crypto, Says Hong Kong’s Financial Regulatory Authority
Christopher Hui – the secretary of Hong Kong’s Financial Services and the Treasury (FSTB) – is presently constructing a policy…
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U.S. CPI Report To Come in Later This Week, What’s in it For Crypto?
The government’s decision to increase interest rates to combat inflation will be determined by the release of the Consumer Price…
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Hong Kong Financial Secretary Stresses the City’s Pro-Crypto Credentials
Hong Kong’s financial secretary Paul Chan restated the city’s preparedness to shape the region’s crypto industry. In his January 9…
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BTC.com Stolen Funds Mixed In Tornado Cash; Others Found On Centralized Exchanges
Last month, BTC.com, a cryptocurrency mining pool, was the victim of a cyberattack on its network, which resulted in customer…
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Ukrainian Pharmacy Enables Crypto Payments Using Binance Pay
Since the start of the Russia-Ukraine crisis earlier in 2022, Ukraine has embraced the use of digital currencies in various…
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IMF’s Managing Director Predicts Intense Recession In 2023; How Badly Will Crypto Be Hit By This?
International Monetary Fund (IMF)’s chief Kristalina Georgieva foresees a global recession, which will worsen the current decline in the cryptocurrency…
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Former Chinese Central Banker Complains About Low Digital Yuan Adoption
According to reports, a former executive at China’s central bank, the People’s Bank of China (PBoC), unveiled a hidden truth…
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China To Launch First NFT Marketplace On January 1st, 2023
On December 28th, a local news media, Sina News, stated that China is close to launching its first regulated NFT…
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China Is Using Traditional Methods To Increase Its CBDC Wallet Adoption
The People’s Bank of China (PBoC) has launched a pilot program in Suzhou, allowing local businesses to use the CBDC…
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