The Chinese government remains firm on its anti-crypto stance. In fact, at the time of writing, a Q&A on the central bank’s webpage revealed that all...
Four Chinese cities – Guangzhou, Tianjin, Yiwu, and Fuzhou, are set to become part of China’s digital currency trial. As per reports, China’s eCNY, or digital...
Even as developed nations around the world continue to advance to different stages of developing their CBDCs, China seems to be well ahead of the others....
The People’s Bank of China, in its Financial Stability Report 2021, had pointed out that its clampdown on virtual currencies was complete. Days after the release...
Prominent Bitcoin mining hardware manufacturer, Bitmain, is set to expand its mining capacity in North America with its latest deal. The company entered a deal with...
Countries around the world have stepped up their efforts to launch and promote their Central Bank Digital Currencies (CBDC). And, China seems to be winning that...
The last few years have seen many new blockchain-based startups emerge around the world. Some established ones like Coinbase have held fairly successful public offerings too....
Bitcoin and cryptocurrencies have been a major source of controversy in China for some years now. In fact, crypto-entities, both users and exchanges, have been at...
China’s war on crypto seems to be far from over after the People’s Bank of China decided to embark on a campaign to “promptly clean up...
Since China’s mining crackdown started earlier this year, Chinese Bitcoin miners have been scrambling to find a new place. While nearby Kazakhastan and Russia were initially...
