Chinese-based cryptocurrency Vechain experiences a massive price surge
China has repeatedly shown its reservations and concern over the use of cryptocurrencies. It has argued the use and potential of the likes of Bitcoin...
Tag : China
China speeds up the crackdown against Bitcoin miners and traders
The Chinese government has announced that the government will crackdown on bitcoin mining. The announcement came three days after regulators announced their ban on the...
Bitcoin – Regulatory crackdown from China
The recent fluctuations in the crypto market created a chaos in the investing and trading sector. Bitcoin and other altcoins fell a great deal within...
China’s anticipated digital Yuan falls below expectations
China has severely advocated its digital Yuan project in recent times. However, projected as the world’s first major sovereign digital currency, the Chinese digital Yuan...
Pomp Says US Digital Dollar Needs to Happen Now
Ongoing remarks from Jerome Powell, the executive of the United States Federal Reserve, show the American government isn’t particularly worried about speed with regards to...
Court Denies Bitmain $30M in Damages From Rival Poolin
The Beijing No. 1 Intermediate People’s Court gave a decision on the case on Aug. 31 and disclosed it on Sept. 8. The court’s official...
China Moves Away From US Dollar, Ahead of Digital Yuan
China is probably going to decrease its possessions of US Treasury bonds to just shy of $800 billion from the current degree of more than...
China Plans to Use Its Digital Yuan at the 2022 Winter Olympic Games
Sun Guofeng, top of the money related arrangement office at the People’s Bank of China, told a public interview the national bank would not alter...
China Testing Cryptocurrency in Major Cities, Including Beijing and Hong Kong
China’s Ministry of Commerce reported Friday that a pilot run of the nation’s national bank advanced money (CBDC) will start in “Guangdong-Hong Kong-Macao Greater Bay...
Chinese Supreme Court In Strong Support of Cryptocurrency Property Rights
The Chinese Supreme Court accepts that digital currency property rights ought to be reinforced. In an document released on July 22, China’s Supreme Court calls...