China, News China’s Blockchain Services Network promises most of the thrills at a fraction of the cost May 24, 2022 China’s state-sponsored Blockchain Services Network is due for international roll out this summer. But some express concerns that it could… Read More
China, News Social Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate January 10, 2022 China’s social media giant, Wechat has said it will support the digital yuan in a move that is expected to… Read More
China, News China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets November 7, 2021 China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to… Read More
China, Mining, News Is China Considering Lifting The Bitcoin Mining Ban? The NDRC Runs Public Survey October 25, 2021 The National Development and Reform Commission is asking the Chinese public for their opinion on the Bitcoin mining ban. Is… Read More
CBDC, China, News Beijing Presses Fast-Food Chain McDonald’s to Support Digital Yuan — China’s CBDC Expected to Launch in February October 25, 2021 According to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to support the digital yuan before the… Read More
China, Mining, News World’s largest BTC mining pool is blocking users with Chinese IP addresses October 17, 2021 Bitcoin’s largest mining pool, Antpool, recently announced that it will not serve users from China anymore. The company explained that… Read More
China, News China’s Long History of Bitcoin FUD: Timeline September 28, 2021 Even after more than a decade of continuously banning cryptocurrencies, China has still not learned that bitcoin always triumphs. Right… Read More
China, News Major Crypto Exchanges Cut Ties With Chinese Users After China’s Latest Crackdown on Cryptocurrency September 27, 2021 Major cryptocurrency exchanges are cutting ties with users in China following the latest crypto crackdown announcement by the Chinese government…. Read More
China, News US Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity September 25, 2021 Several U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, as “a perfect opportunity for American leadership on cryptocurrency.”… Read More
China, News China’s Crypto Crackdown: Fundamentals Still Show Bull Market Continuation, Bobby Lee Says ‘Don’t Panic’ September 24, 2021 The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese… Read More