Bitcoin News / Bitcoinist - 1 year ago
Recent events in China indicate the country’s paradigm shift concerning digital currency. The digital yuan (e-CNY) is gradually forming a significant part of the Chinese currency through its rapid development. Furthermore, the government is put...
Cryptocoins News / The Cointelegraph - 1 year ago
Multiple Chinese city governments have given away millions worth of e-CNY to try to promote consumption around the holiday season. Millions of dollars worth of China’s...
Bitcoin News / Bitcoin.com - 1 year ago
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has urged the U.S. government to ban cryptocurrencies like China has done. “A cryptocurrency is not a currency, not a commodity, and not a...
Cryptocoins News / The Cointelegraph - 1 year ago
The online community has expressed bewilderment over how China’s crypto ban aligns with the United States’ proclaimed principles of freedom. The cryptocurrency communi...
Cryptocoins News / The Cointelegraph - 1 year ago
Hainan’s market regulator wants to promote nonfungible tokens as part of the digital economy, but will actively work to weed out bad actors and speculative behavior. A...
Bitcoin News / Bitcoinist - 1 year 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 - 1 year 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 - 1 year 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 - 1 year 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 - 1 year 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 - 1 year 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 - 1 year 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...