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Archive: News

Digital
News

Over $300,000 Worth of Digital Yuan Spent Daily at Olympics Event, According to PBoC Official

According to reports, over $315,000 worth of the digital yuan e-CNY is transacted daily ...

Crypto
News

People Bank of China Conducts $4 Million Transactions Involving 2 Billion Yuan

China’s central bank digital currency, also known as Digital Currency Electronic Payments (DCEP), has ...

Huawei Mate40
News

Shenzhen City To Give $1.5 Million Away As Part Of Digital Yuan Promotion

Shenzhen, a major Chinese city, is set to kick off a program for the ...

Crypto
News

China Debunks CBDC Rumours: CBDC Is Currently Only For Small Transactions

According to the People’s Bank of China (PBoC), the country will only be testing ...

Standard Chartered
News

China will Launch its National Blockchain Platform Next Weekend

China is through with the development of its blockchain platform and plans to launch ...

bank
News

Blockchain Platform Facilitates Foreign Trade Worth Millions Among Chinese Banks

A recent report has revealed that some Chinese banks have successfully processed several million ...

WEF
News

Central Bank of China Receives $4.7 Million For Blockchain Trade Platform

China is moving forward with plans for blockchain development. China’s apex bank, the People’s ...

Digital
News

US Federal Reserve Board Member Hints At DLT Research With Focus On CBDC

Based on recent events, the idea of a digital dollar is no longer as ...

Pilot Test
News

China Set To Begin Pilot Test Of CBDC With Major Banks And Telecom Firms

Months ago, China announced that its central bank digital currency (CBDC) was ready even ...

Ethereum
General, News

25,000 Chinese Blockchain Companies Have Tried To Issue Tokens

According to Beijing Blockchain Application Association President Yedong Zhu, 89% of all blockchain firms ...

Federal Reserve
News

U.S Federal Reserve Is Considering Floating Its Own CBDC

As the drive for cryptocurrency adoption presses on, many countries are looking to join ...

PNC Bank
General, News

China and Hong Kong Sign MoU To Create Joint Blockchain Trade Finance Platform

The Chinese government isn’t simply making pro-blockchain statements but is also backing them up ...

Pilot Test
News

China’s Cryptocurrency Will Be Released In Two Layers And Will Not Use Blockchain

According to a report published by Binance, the launch and distribution of the PBoC’s ...

News

Rumour of November Launch for Chinese Digital Currency is “Inaccurate Speculation”

Contrary to several reports in the media recently, China will not be launching its ...

News

Chinese Central Bank Says Digital Currency is Ready

China’s apex bank, the People’s Bank of China, has said that its new digital ...

News

Central Bank of China to Accelerate Development of Virtual Currency

The People’s Bank of China has announced among other things, that it would be ...

Bitcoin mining in china | cryptocurrency mining in china | latest bitcoin news | latest cryptocurrecy news | china bitcoin mining
News

Electricity May Be Regulated For Bitcoin Mining in China

After Crypto Ban, The Chinese Central Bank Is Targeting Bitcoin Miners The Central Bank ...

china cryptocurrency | cryptocurrency in china | chinese bitcoin | chinese cryptocurrency
News

China Looks Forward To Its Own State-Backed Cryptocurrency

Back in September, the financial regulatory bodies in China had a major crackdown on ...

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