China's Cryptocurrency

CBIRC Instructs Regulatory Authorities to rack Blockchain and Distributed Ledger

China Banking and Insurance Regulatory Commission (CBIRC) recently shared plans for global regulations on crypto assetsAll financial businesses should be licensed and...

Chinese Bank Disables Digital Yuan Wallet After Brief Activation Draws Public Attention

China Construction Bank (CCB) opened up a wallet service for China’s central bank digital currency to public users, but disabled it soon...

China’s Digital Yuan in the 2022 Winter Olympic Games

China has been conducting extensive tests on digital currency and it plans to use it during the 2022 Beijing Winter Olympics scheduled.The...

Crypto Assets Worth $50 Billion Transferred from China in the Past Year

As per a Chainalysis report, over $50 billion worth of cryptocurrency has moved from China-based digital wallets to...

Federal Board Accepts of Working on Digital Dollar

Lael Brainard, Governor of Federal Board in a webcast commended that US is under the process of building the digital currencyThe United...

China Ups the Ante in Testing of Cryptocurrency Wallets

China plans to launch a Digital Yuan, to become the first country in the world to offer a digital sovereign currency. The testing...

The Chinese National Defense and Security to Deploy Blockchain Solutions

The Chinese defense Army will be using Blockchain technology for the National Defense of the country. China has been one of the early...

China’s Former Securities Regulator Speaks About Importance of Digital Currency

Xiao-Gang has released a book that briefly spoke about the challenges and their respective countermeasures that were required to establish a full proof...

Weiss Crypto Ratings Confirms China’s Digital Yuan Won’t Be A Threat To US Dollar

Weiss Crypto Ratings is a US-based agency that provides unbiased ratings over the Stock market, Financial Institutions, Cryptocurrencies, and Mutual Funds. Bank of...

Chinese Central Bank Partnering Up With Top Companies To Test CBDC

Didi Chuxing Technology Co. will test a pilot version of China's digital currency. Didi signed a concession with the Digital Currency Research Institute...