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. ...
Investors are massively withdrawing Ethereum from exchanges in China, deleting accounts, and encouraging other users to do the same. Exchanges have already begun to resist Users from China are massively withdrawing cryptocurrency from exchanges, local ...
The upcoming introduction of the Digital yuan in China will not pose a threat to the dominance of the US dollar. Although the Asian country has already overtaken other countries in building digital payments and ...
$ 50 billion withdrew from China through cryptocurrencies in a year With the help of digital money, citizens violate restrictions on the withdrawal of capital from the country. For these purposes, stablecoins are actively used, ...
Digital Yuan will be launched in the Greater Bay Area of Hong Kong. According to news.southcn.com, Bai Hexiang, President of the Guangzhou Branch of the Central Bank of China, spoke about the initiative: We are ...
Opinion: China may lose dominance in bitcoin mining Casa CTO Jameson Lopp argued for China’s loss of leadership in cryptocurrency mining. These include cheaper electricity and the organization of chip production outside of Asia. Lopp ...
27 PlusToken pyramid managers arrested in China. Damage exceeded $ 5.8 billion. Chinese police have arrested 27 top suspects in the PlusToken cryptocurrency pyramid. Also arrested 82 key members of the group hiding in the ...
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