China's Cryptocurrency

$3 MILLION WORTH DIGITAL CURRENCY TO BE DISTRIBUTED TO THE PEOPLE OF SHENZEN

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                          The Langhous district of Shenzen City selected for the distribution of 20 million digital yuan.The money will be distributed among the various businesses or...
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Pharma And Tech companies show positive signs on Hong Kong and China exchanges

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Pharma companies showed positive signs on Hong Kong and China exchangesTech companies are following the suitBitcoin rose to record high third time in a...
China Cryptocurrency Wallet

Yuan Digital currency on the second litmus test

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1,00,000 lucky lottery winners were given 200 RMB eachDifferent e-Commerce platforms can be used for transactions Digital Yuan is on the second time test...
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Bitcoin speculation risk is surging and making a way towards blockchain

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Xinhuanet urges the Chinese citizen to ignore the Bitcoin rally as there is no reason for its surgeThe Chinese reporter referred to the price...
china bitcoin

China Published its 20th Blockchain Assessment Report

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It is observed in the report that 37 well known public chains were ranked in three different aspectsAs the previous report or the 19th...
China Cryptocurrency Wallet

Chinese Government Gave Digital Yuan to People in Lottery

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To promote and create awareness for the Digital Yuan, Chinese authorities are distributing $1.49 million as a lotteryAround 2 million people had applied for...
cryptocurrency china

CBIRC Instructs Regulatory Authorities to rack Blockchain and Distributed Ledger

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

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

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China Construction Bank (CCB) opened up a wallet service for China’s central bank digital currency to public users, but disabled it soon after as...
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China’s Digital Yuan in the 2022 Winter Olympic Games

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

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

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As per a Chainalysis report, over $50 billion worth of cryptocurrency has moved from China-based digital wallets to other parts of the world last...
Digital dollar

Federal Board Accepts of Working on Digital Dollar

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

China Ups the Ante in Testing of Cryptocurrency Wallets

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

The Chinese National Defense and Security to Deploy Blockchain Solutions

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The Chinese defense Army will be using Blockchain technology for the National Defense of the country. China has been one of the early adopters of...
China’s NIFA Blockchain Head is Confident Cryptocurrencies Will Survive And Thrive digital currency

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

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

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

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Weiss Crypto Ratings is a US-based agency that provides unbiased ratings over the Stock market, Financial Institutions, Cryptocurrencies, and Mutual Funds. Bank of America had...
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Chinese Central Bank Partnering Up With Top Companies To Test CBDC

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

Singapore In Discussion With People’s Bank of China On CBDC 

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The Monetary Authority of Singapore reported today that it is working with the People's Bank of China on CBDC application. In recent years,...
cryptocurrency china

China Anticipated to Launch Digital Yuan By Year End

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According to reports, China is likely to officially announce the sovereign digital currency to be available to the public of China by the...
cryptocurrency china

Could China’s Cryptocurrency Challenge Bitcoin and Replace U.S Dollar?

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More than five years in the making of the world's first sovereign digital currency - Yuan, slowly equips to replace physical legal tender. ...
Coronavirus Pandemic Unlocks New Opportunities For Cryptocurrency Worldwide

Coronavirus Pandemic Unlocks New Opportunities For Cryptocurrency Worldwide

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While the coronavirus outbreak has shaken the pillars of the strongest sectors, it seems to unlock new opportunities for the cryptocurrency. Amidst...
DCEP, Digital yuan China’s Bitcoin-Like Crypto Makes A Mark After Facebook Crypto Libra Drops

Facebook Libra Vs. Digital Yuan: Who Is The Winner?

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Facebook announced its crypto with the nonprofit Switzerland-based Libra Association. China proposed to use its digital currencies for major payment platforms including in Alipay and...
DCEP, Digital yuan China’s Bitcoin-Like Crypto Makes A Mark After Facebook Crypto Libra Drops

DCEP, China’s Bitcoin-Like Crypto Makes A Mark After Facebook’s Crypto Libra Drops

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China’s central bank after introducing pilot tests of its Bitcoin-like digital currency now plans to mount towards its further development. On one side...
Starbucks Is Not Participating In The Digital Currency Trial In China

Starbucks Is Not Participating In The Digital Currency Trial In China

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The Washington-based chain of coffeehouses Starbucks revealed that it has not involved in currency trials in China. The news has been started rumouring...
cryptocurrency china

Is China’s National Cryptocurrency The Beginning Of A New Financial Era?

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Short Insights China will establish a national blockchain platform called Blockchain Service Network on April 25, 2020, before the launch of its government-backed cryptocurrency. ...
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China Central Bank Digital Currency : Everything You Need To Know

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Short Insights The digital RMB system has completed its top-level design and standards under the grounds of certain factors. The relevant person in charge...
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China’s Digital Currency Yuan Launch is a “HOAX”- People’s Bank of China

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The People's Bank of China has not issued legal digital currency (DC/EP) and has not authorized any asset trading platform to conduct transactions. ...
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Peter Schiff Claims the Superiority of China’s Gold Backed Crypto over Bitcoin

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The launch of gold-backed crypto by the ‘red dragon’ is pulling Bitcoin down, as analyzed by Peter Schiff, a veteran gold bug. Schiff had...

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