Bitcoin News / Bitcoinist - 2 years ago
China has shut down many underground cryptocurrency apps. A total of 13 underground trading applications have shut down after putting a ban on them for almost one year.
As suggested by reports, China, which happens to be the world’s second-larg...
Bitcoin News / Bitcoin.com - 2 years ago
The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were made as part of...
Bitcoin News / Bitcoinist - 2 years ago
China has become a hotbed of illicit crypto trade lately. The country has earned quite a reputation in the international community when it comes to scams and illegal activities involving cryptocurrencies.
Recently, there have been a number of nefario...
Bitcoin News / Bitcoinist - 2 years ago
Since the growing crypto issues, high inflation, and happenings like the Terra collapse have shocked the world, law enforcement agencies, including China, have been working actively to protect users and capture criminals. China has busted a new group...
Bitcoin News / Bitcoin.com - 2 years ago
Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to adopt the Russian digital currency in trade, which will allow the country to...
Bitcoin News / Bitcoinist - 2 years ago
The Chinese government has never supported crypto activities since the emergence of the industry. The People’s Bank of China took further actions against the digital industry and banned all local digital assets operations.
Since the crypto ban...
Cryptocoins News / The Cointelegraph - 2 years ago
Russia is currently in the pilot phase of its CBDC development and is expected to complete the development by early next year. Russia is in the pilot phase of its cen...
Bitcoin News / Bitcoin.com - 2 years ago
Nanjing University in China has reportedly launched one of the first majors in the country dedicated to the study of metaverse-related knowledge. The university, located in eastern China, stated that this new push is directed to impart new metaverse-...
by COINS NEWS - 2 years ago
Russia used to resist legalizing crypto. However, it is now willing to embrace the use of cryptocurrency for cross-border payments due to geopolitical tensions. (Read More)
Cryptocoins News / NewsBTC - 2 years ago
The successful Ethereum upgrade to proof-of-stake consensus is receiving more backlashes from the market. Therefore, the Ethereum upgrade should produce only positive feedback, but where there are merits, demerits must exist.
One of the aftermath cha...
Cryptocoins News / The Cointelegraph - 2 years ago
The Nvidia GeForce RTX 3080’s price dropped from $1118, or 8,000 yuan, to 5,000 yuan within three months, according to a Chinese merchant. As the Ethereum network’s...
Cryptocoins News / The Cointelegraph - 2 years ago
China’s push for blockchain technology gained steam after 2019 when President Xi Jinping called for corporations from tech giants to become industry leaders in the nascent tech....
Bitcoin News / Bitcoinist - 2 years ago
The United States is embarking on a campaign toward the introduction of a CBDC, or central bank digital currency. As part of the White House’s first-ever comprehensive framework, the Treasury Department is now suggesting the creation of a natio...
Bitcoin News / Bitcoin.com - 2 years ago
China’s central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of the country. A top representative of the monetary authority announced the move while highlighting that the People’s Bank...
Cryptocoins News / The Cointelegraph - 2 years ago
PBoC deputy governor Fan Yifei said expanding e-CNY trials to the provinces of Guangdong, Jiangsu, Hebei and Sichuan would happen "at a proper time." The People’s Bank...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
Senator Andrew Bragg proposed a crypto bill to facilitate tight disclosure requirements.The bill targets China’s Digital Yuan as Beijing tests cross-border utility for the central bank’s digital currency.Nine U.S. lawmakers a...
by COINS NEWS - 2 years ago
As we all know China is not soooo happy about crypto...well they have banned it for surely at least a hundred times and with each ban getting harder and harder with even punishments. Despite all of that China is still amongst the top 10 countries usi...