Bitcoin makes a slight recovery above $36,000 in a positive market trend
The cryptocurrency market has been through a rollercoaster in the last couple of months. The market has seen several phases of high volatility, urging investors and traders to…
China
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…
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…
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…
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…
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…
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…
Beijing Releases Blueprint, set to become a Blockchain Hub
Beijing has released a blueprint that aims to position it as a hub for Blockchain technology and innovations. The report is a 145-page blueprint…
Chinese Energy Company Joins State-Run Blockchain Grid.
Gansu Electric Power Company in China has completed the deployment of the state grid Blockchain node. This company has been successfully added to the…
China to Test Digital Yuan on Food Delivery Platform With 435 Million Users
The People’s Bank of China (PBoC) is intending to include the Tencent-sponsored food conveyance goliath Meituan Dianping to its rundown of stages that will…
$15M in Crypto And Exotic Cars Seized as Chinese Police Bust Arbitrage Scam
In an article released on Thursday, China’s Ministry of Public Security, which supervises the nation’s police powers, said police in the city of Wenzhou…