Privacy and Protection of Personal Information for the use of the Digital Yuan, Says the Central Bank
The People’s Bank of China is a front-runner in creating and releasing central bank digital currency (CBDC), which in the case of the e-CNY will...
Tag : China
WeChat Will Block Crypto-Related Services and Content
WeChat, the most popular social media platform in China, has recently amended its policy to prohibit the creation of accounts that provide access to services...
China Eases Covid Restrictions and Crypto Market Rises
The worldwide cryptocurrency market has seen a modest boost in its price, making it an exciting start to the week for Bitcoin and other major...
U.S. Bill Would Ban Google, Apple From Hosting Apps That Accept China’s Digital Yuan
Republican senators want to prohibit US app shops such as Apple and Google from hosting applications that accept payments in China’s digital yuan, citing concerns...
Shanghai High Court Declares Bitcoin Legal and Considered a Virtual Asset
The entire world has witnessed China’s love-hate relationship with Bitcoin [BTC] and other aspects of the crypto industry. The Chinese government has demonstrated its stance...
According to the Chinese central bank, more than $300,000 of its digital yuan is used daily during the Olympics
The cryptocurrency market is expanding at a fast pace. This is why more and more new cryptocurrency protocols are being launched in the sector. Also,...
China announces that 16 departments work in blockchain innovation applications
The cryptocurrency and blockchain space has received attention and limelight from all over the world. Every country and state is having a love or hate...
The People’s Bank of China puts a ban on crypto trading
Even though crypto is experiencing a flurry of adoption all around the world, many countries and states are still adamant to put a halt on...
Binance bans Chinese users from its Launchpad Platform
The crypto market has had a strong worldwide impact in the last couple of years or more. The market has had a universal influence, and...
China tightens the grip around the use of cryptocurrencies
The concept of cryptocurrency is gaining more and more relevance in the mainstream global economic structure. Many countries are exploring new opportunities and options offered...