Tag: China

Cryptocurrency

Chinese authorities distribute digital Yuan worth $ 3 million to residents

By Betty Gill Jun 08, 2021

The draws of the national digital currency have already been held in six cities of China: Shanghai, Beijing, Shenzhen, Suzhou, …

Cryptocurrency

After launching CBDC, China can disable Tether

By Amanda Thomas Mar 14, 2021

Experts believe that in the next year, when the Premier Bank of China PBoC will turn the digital yuan ahead …

Ethereum

Public company bought Ethereum for the first time

By Alvin Weston Mar 08, 2021

A public company confirms the purchase of Ethereum for the first time. The total holdings of altcoin managed by Meitu …

Bitcoin

Ebang starts mining bitcoin for itself

By Alvin Weston Feb 21, 2021

Mining machine manufacturer Ebang has announced plans to start mining bitcoins using its own machines. Ebang expects mining to “increase …

Other

New smartphone Redmi K40 will receive two stereo speakers

By Kay Robie Feb 10, 2021

The lineup is expected to include three devices. The Chinese company Xiaomi intends to present a new smartphone Redmi K40 …

Articles

Large Chinese transport network will participate in the testing of the Digital Renminbi

By Billie Heaton Jul 08, 2020

Large Chinese transport company DiDi Chuxing has joined the development of the digital renminbi of the People’s Bank of China …

Cryptocurrency

Chinese taxi service Didi will start using the Digital Yuan

By Kevin Upton Jul 03, 2020

Didi could be the first private company to accept the national cryptocurrency of the People’s Bank of China. The second …

Cryptocurrency

China starts paying salary in digital currency

By Amanda Thomas May 07, 2020

The proliferation of coronavirus has spurred the demand for digital payments. China launched the digital yuan. Chinese cryptocurrency is called …

Cryptocurrency

China suggests Starbucks and McDonald’s to test their cryptocurrency

By Evelyn Bailey Apr 23, 2020

A meeting was held in Hebei Province, during which it was decided to attract 19 companies to participate in the …

Cryptocurrency

China continues to work on digital yuan despite crisis

By Amanda Thomas Apr 06, 2020

The COVID-19 pandemic did not affect the process of creating the Chinese digital renminbi. On April 3, employees of the …

Cryptocurrency

The development of the Chinese national cryptocurrency is almost complete

By Luciana Paolucci Jan 14, 2020

The People’s Bank of China (NBK) representatives officially confirmed the end of the main phase of developing their own cryptocurrency. …

Articles

Blockchain and super cities breathe life into China’s economy

By Leslie Smallwood Jan 01, 2020

Not everything is lost yet – something like this can characterize the current state of the Chinese economy health against …

Articles

Penghua Fund has applied for the opening first blockchain exchange-traded fund

By Alvin Weston Dec 31, 2019

The Shenzhen asset management company Penghua Fund has filed an application with the China Securities Regulatory Commission (CSRC) for the …

Cryptocurrency

The People’s Bank of China announced its readiness to test the digital renminbi

By James Grissett Dec 23, 2019

The department noted that the state virtual currency will not be as speculative as Bitcoin and the Facebook Libra payment …

Cryptocurrency

China will test state cryptocurrency in two megacities

By Kevin Upton Dec 10, 2019

The Central Bank of China will test the national digital currency for electronic payments before the end of this year. …

Articles

EU and China spend millions on blockchain and AI

By Mellisa Moore Nov 29, 2019

In recent years, the largest world economies have shown a special interest in blockchain and artificial intelligence. In particular, the …

Cryptocurrency

China will fight with cryptocurrencies

By Walter Mitchell Nov 23, 2019

In China, they will begin to identify and stop the activities of organizations that work with digital cryptocurrencies. The The …

Cryptocurrency

Digital yuan will not be used to control users

By Doris Stephens Nov 12, 2019

The Chinese digital currency will not be used to strengthen control over the personal data of citizens, but will only …

Articles

VeChain aims at EU export logistics

By Anthony Roper Nov 10, 2019

VeChain presented a platform for tracking export products in Europe at an exhibition in Shanghai. Next year, China plans to …

Articles

Digital Yuan Will Affects Dollar Status

By Corinne Smallwood Nov 10, 2019

It was a surprise for the crypto community when Chinese President Xi Jinping publicly stated that blockchain technology would play …

Cryptocurrency

Hong Kong will get its own digital currency

By Harold Kennedy Nov 08, 2019

The Hong Kong Monetary Authority is conducting a detailed study of the state cryptocurrency, as well as the prospects for …