Posted in Cryptocurrency

Hong Kong Residents Rushing to US Dollars as the US-China Cold War Intensifies

China is moving closer to impose a new national security law in Hong Kong following months of violent pro-democracy protests…

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Posted in Cryptocurrency

CBDCs May Be A Tailwind for Bitcoin and Further ‘Accentuate’ its Role in the Global Digital Economy

People’s Bank of China is gearing up for the launch of their Central Bank Digital Currency (CBDC) in 2020 and…

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Posted in Cryptocurrency

China’s Digital Yuan Sets the Country on Track for Tokenomics Dominance

As the world emerges from lockdown, China is already several steps ahead in the roll-out of a Central Bank Digital…

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Posted in Cryptocurrency

China’s National People’s Congress (NPC) Suggests a Government-Backed Blockchain Fund

The National People’s Congress (NPC) in China has proposed the creation of a government-backed blockchain fund in its ongoing annual…

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Posted in Cryptocurrency

China’s PboC Financial Committee Aims For ‘Accelerated Blockchain, Fintech Development’

The People’s Bank of China Financial Committee, responsible for the fintech industry in the country held its first meeting this…

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Posted in Cryptocurrency

China Leads the Way in CBDC Development; US Missed an Opportunity with Stimulus Checks

China is currently the leading country in terms of a Central Bank Digital Currency (CDBC) development despite being hit hard…

Continue Reading... China Leads the Way in CBDC Development; US Missed an Opportunity with Stimulus Checks
Posted in Cryptocurrency

Digital Yuan’s (DCEP) Ability to Dominate Cash Depends on 4 Keys: Former Bank of China Pres.

China is on the brink of launching its digital yuan for commercial use as the government has already started the…

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Posted in Cryptocurrency

PBoC’s Fintech Innovation Regulations Pilot Program Extends to Six More Districts

The new Fintech Innovation Regulations implemented last year by the Bank of China (BoC) in a Beijing Pilot program will…

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Posted in Altcoin News Crypto News

China’s Hunan Province Plans to Generate $423M Through Blockchain Adoption

Central China Hunan Province is planning to lead the nation’s adoption of blockchain technology, which would see it become the…

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Posted in Cryptocurrency

The Monsoons Are Just Round The Corner But Bitcoin Miners in China Aren’t Gearing Up

China is the Bitcoin mining capital of the world primarily because of the availability of clean hydroelectricity in abundance at…

Continue Reading... The Monsoons Are Just Round The Corner But Bitcoin Miners in China Aren’t Gearing Up