Beijing to distribute over $ 6 million digital yuan as part of testing In June, Beijing authorities will distribute the central bank digital currency (CBDC) to the public. Lottery winners will receive “red envelopes” with ...
Chinese Authorities Recognise Bitcoin as an Investment Tool The deputy governor of the People’s Bank of China noted that stablecoins issued by private companies would require even stricter oversight than the main cryptocurrencies. Deputy Governor ...
Weibo Blocks Huobi, OKEx, and Binance Accounts The Chinese social network Weibo, similar to Twitter, has suspended the official accounts of the cryptocurrency exchanges Huobi, OKEx, Binance, and MXC. Reported by The Block. Weibo users ...
China proposes to ban cryptocurrency mining In the Inner Mongolia region, an initiative is being considered to restrict activities in industries with high energy consumption, including the mining of cryptocurrencies. Authorities in the Inner Mongolia ...
Miners from China assembled a Laptop Farm The farm is capable of bringing in $ 77,000 in Ethereum in a year Gaming laptops based on GeForce RTX 30 graphics cards have become popular among Ethereum ...
90% of large bitcoin transactions take place in China Despite the fact that Bitcoin trading is still officially banned in China, according to new research, this country provides the most significant share of cryptocurrency trading ...
The Digital Yuan Test Program Participants Make 140,000 Purchases China’s ambition to become the global leader in central bank digital currencies (CBDCs) is being firmly implemented. The national digital yuan, named DC/EP, is rapidly gaining ...
The supply of electricity for miners was banned in the Chinese province The Baoshan city authorities have decided to turn off the electricity supply to companies involved in the extraction of cryptocurrency, said local journalist ...
Indian Traders still difficult to Gain Access Cryptocurrency According to a survey conducted by the Indian cryptocurrency exchange CoinDCX, most local traders and investors are still not easy to get access to cryptocurrency. Recall that ...
Beijing launched a pilot project to test the Digital Yuan Financial Industry Development Policy in Beijing Residents of Beijing will participate in a major digital yuan test being developed by the People’s Bank of China. ...
