Bitcoin News / Bitcoinist - 2 years ago
The rising adoption of digital assets has resulted in multiple countries adding support for digital currencies. Earlier today, China’s central bank, the People’s Bank of China (PBOC), announced the continued expansion of the country’s central bank di...
Bitcoin News / Bitcoinist - 2 years ago
China is one of the most crypto and Bitcoin-hostile countries on earth. Back in 2017, the People’s Bank of China (PBOC) banned the operation of exchanges in China. In May 2021, Chinese authorities ordered a ban on Bitcoin mining. At the end of...
Cryptocoins News / CoinJournal - 2 years ago
Toronto, Canada, 24th January, 2023, Chainwire
Little Red Book, (XiaohongShu), the Chinese version of Instagram integrates Conflux Network as permissionless blockchain allowing users to showcase NFTs minted on Conflux on their profile page in the dig...
Bitcoin News / Bitcoin.com - 2 years ago
The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based digi...
Bitcoin News / Bitcoin.com - 2 years ago
Morgan Stanley CEO James Gorman says two changes have happened recently that “really matter” to the economy. The executive explained that inflation has clearly peaked and China has made a “major, major pivot” economically.
Mor...
Cryptocoins News / Blockchain - 2 years ago
China's Central Bank Digital Currency (CBDC) now supports smart contracts. Soochow Securities' mobile app allows e-CNY purchases. Android phones may now perform contactless digital yuan wallet payments. (Read More)
Cryptocoins News / The Cointelegraph - 2 years ago
China’s central bank digital currency (CBDC) has seen new use cases in recent days, including buying securities and making offline payments. China’s central bank digit...
Cryptocoins News / The Cointelegraph - 2 years ago
The 13.61 billion e-CNY represented roughly 0.13% of the 10.47 trillion yuan in circulation at the end of 2022. The People’s Bank of China, or PBoC, has begun includin...
Bitcoin News / Bitcoin.com - 2 years ago
A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is strongly associated...
Cryptocoins News / The Cointelegraph - 3 years ago
In a joint effort between the state-owned Chinese Technology Exchange, the state-owned Art Exhibitions China and the corporation Huban Digital Copyrights Ltd, Chinas...
Bitcoin News / Bitcoin.com - 3 years ago
The International Monetary Fund (IMF) has warned that 2023 will be a tougher year for most of the world economy because the U.S., EU, and Chinese economies are all slowing down simultaneously. “We expect one-third of the world economy to be in...