China plans to carry out the trial of its Digital Currency Electronic Payment [DCEP] or digital Yuan in 2022 during the Winter Olympics. In fact, according...
China will be taking another step forward in its mission to launch the country’s digital e-currency. As per a recent report which cites the PBoC, the...
The perception of cryptocurrencies is changing rapidly. Earlier, countries like Vietnam had warned its citizens, not to “gamble” in virtual money, however, as tides change, the...
In a bid to be more environmentally friendly, China has shut down over twenty cryptocurrency mining sites. This delivered a significant blow to the crypto-industry, an...
China‘s sweeping ban on cryptocurrency mining incapacitated an industry to a large extent, the impact of which was reflected in the drop in hashrate. According to an...
Alipay, one of the largest payment providers in China has announced the launch of a platform for the sale of non-fungible tokens [NFTs]. Matthew Graham, the...
It’s no secret that China is not a fan of cryptocurrencies. To reaffirm its objection towards the use of virtual currencies, China’s central bank interviewed 5...
Bitcoin’s price has been going through a volatile phase lately, making the crypto-asset extremely sensitive to all kinds of developments. Previously, the rehashing of China’s crypto-ban...
A host of nations have been testing their own native CBDCs in full swing over the past few months now. However, to date, no country has...
China’s state-owned CITIC Bank recently prohibited individuals and institutions from using their bank account to purchase and trade crypto assets including Bitcoin and Litecoin. Its official...