A state-backed digital asset exchange might soon crop up in China. However, cryptocurrencies might not be able to find a spot there. In a bid to...
Two CBDCs have been formally introduced and are recognized by international regulators. However, more are unfolding by the day or functioning on an unofficial basis. Naturally,...
Why does China hate crypto mining? It’s a question many have asked, but the answer isn’t what one would expect. Turns out, as some analysts suspected,...
Businesses in China have been losing revenue since the country’s policy decision to ban Bitcoin and other related operations. According to the latest reports, Huobi Global,...
While the Cambridge Bitcoin Electricity Index indicated that China held 0% of the average monthly hashrate share in August 2021, this may not be strictly accurate....
CBDC fever has spurred many financial institutions across the world into action. Along with the BIS Innovation Hub, the Bank of Thailand, the Central Bank of...
The Chinese government may want to reconsider the security of its central bank digital currency [CBDC] in the backdrop of Xinmi police’s crackdown on the first-ever...
Many of 2021’s most exciting developments in the crypto-sector were overshadowed by regulatory pressure and even outright bans by China and other countries. Apart from traders,...
The Cambridge Bitcoin Electricity Consumption Index showed that China held 0% of the average monthly hashrate share in August. After this, many concluded the country had...
Su Zhu, CEO, and co-founder of Three Arrows Capital, recently speculated about China ‘un-banning’ crypto mining. He cited China’s decision to seek public comments on the...