Category: China
Cryptocurrency China
China’s BSN Partners With Ernst and Young To Add Ethereum Compliance Tools
The Blockchain infrastructure provider BSN (Blockchain-Based Service Network), which is backed by the federal government of China, unveils plans to offer services around financial auditing…
More Than 4M Transactions Have Been Conducted in Digital Yuan So Far Says PBoC Governor
Transactions in Digital Yuan have grown significantly during its testing phase. According to the Governor of the People’s Bank of China (PBoC), the country’s central…
Shenzhen Pilot Program Further Highlights Digital Yuan’s Potential
Earlier this month, government officials in Shenzhen, China, had announced that they were introducing a pilot program for testing their digital yuan, in order to…
Key Members of $1B Crypto Ponzi Scheme Sentenced to Prison By a Chinese Court
The masterminds behind a $1 billion cryptocurrency Ponzi scheme have been sentenced to prison by a Court in the Chinese City of Yancheng. These convicts…
PBoC’s Digital Currency Research Head Says China’s Digital Yuan Will Not Compete with WeChat and Alipay
The People’s Bank of China’s Head of digital currency institute Mu Changchun has said that their central bank digital currency known as Digital Yuan is…
Central Bank of The Bahamas Launches its CBDC Called Sand Dollar
The central bank of The Bahamas has rolled out the world’s first central bank digital currency (CBDC) known as Sand Dollar. With the launch of…
Visa’s Head of Crypto Says CBDC is the Most Important Trends for Payments in the Next Decade
Central banks are entirely focused on the development of the Central Bank Digital Currency (CBDC) as they believe it could provide a safe means of…
Former Bank of China Chief Says the CBDC Backend Architecture Development is Complete
An ex-official of the People’s Bank of China has mentioned that the Asian country has already wrapped up the backend architecture development of its new…
Images Of Chinese Digital Yuan Emerges Online
Chinese Digital Yuan According to reports making the rounds, social media users have believed that they have captured little shots of what is understood to…
A Chinese Bitcoin Mine Has Been Closed Due to Coronavirus Epidemic
Coronavirus outbreak is now affecting crypto mining in China as the Chinese authorities have started shutting down various bitcoin mining farms in the country in…
China’s Central Bank Wants to Speed Up the Development of its ‘Legal Digital Currency’
China’s central bank said that it will accelerate the research and development of its “legal digital currency”, according to a statement issued by the People’s…
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