GPUs Prices Fall to the Lowest Level Ever in China After the Ethereum Merge
The Ethereum Merge switches the network’s protocol consensus from PoW to a more environmentally friendly PoS, which eliminates the need for enormous computing power for...
China
China’s Central Bank Urges More Use of the Digital Yuan
The People’s Bank of China (PBOC) has called for more efforts to enable connectivity between the digital yuan (e-CNY) system and traditional e-payment systems in...
Binance is not a Chinese Company says CZ
Changpeng Zhao (CZ), CEO of Binance, has retaliated against sceptics and conspiracy theorists who contend that Binance is a “criminal business” with a Chinese base...
Beijing: “Metaverse Innovation and Development Action Plan (2022-2024)”
The Beijing Tongzhou District People’s Government, Beijing Municipal Science and Technology Commission, Zhongguancun Science and Technology Park Management Committee, and Beijing Municipal Bureau of Economy...
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...
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,...