December 2, 2020 ‘If the water’s too clean there’ll be no fish’: China’s CBDC may hurt Macau’s casinos Macau’s gambling industry is reeling amid rumors that the city’s regulator is in talks with casino operators regarding the introduction of China’s digital yuan.…
December 2, 2020 Bitmain reportedly cuts off funding to Bitcoin Core developers Bitcoin Core touts itself as a direct descendant of Satoshi Nakamoto's original Bitcoin software client. Bitmain, one of the world’s largest Bitcoin (BTC) miner producers, has reportedly halted its funding for some primary developers maintaining Bitcoin-related software.Jonas…
December 2, 2020 Russian central bank opposes ruble-pegged stablecoins Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency.…
November 29, 2020 No need to fear the Bitcoin FUD, says Sino Global Capital After a week of gloomy headlines and a brutal price dip, traders would do well to think long term.…
November 28, 2020 Tracy Jiang Reveals Inside Look at State of Bitcoin and Crypto in China The customer ambassador to China for the mobile-powered Bitcoin refilling service Bitrefill is giving the inside scoop on China’s adoption of Bitcoin and cryptocurrency.…
November 26, 2020 China’s national blockchain project adds Polkadot support The Blockchain Service Network integrates three more major blockchains. Chinese government-backed blockchain initiative, the Blockchain Service Network, or BSN, is introducing support for another batch of major blockchain protocols. …
November 25, 2020 US intelligence is looking at Chinese CBDC as a national security threat The Director of National Intelligence wants to have the SEC’s leader briefed on the dangers of the U.S.…
November 23, 2020 US Fed researcher says CBDCs should beat Big Tech payments on privacy protection The paper also put forward CBDCs as solutions to high transaction fees and the energy use of mining cryptocurrencies like Bitcoin.…
November 23, 2020 Digital yuan: Suzhou sets to introduce Chinese CBDC The city of Suzhou is reportedly preparing to give away digital yuan to locals.Suzhou will become the second region to introduce the CBDC.…
November 23, 2020 Suzhou to launch digital yuan ‘red envelope’ trial for Double 12 event Tied in with a national shopping event, the trial will add "offline" and "touch" functionality. The Chinese city of Suzhou will be the second to roll out a “red envelope” trial for the forthcoming digital yuan, according to a report in local media outlet The Paper.Following…
November 23, 2020 Chinese banking giant withdraws $3B blockchain bond from listing The $3 billion blockchain bond has been effectively cancelled. China Construction Bank’s $3 billion blockchain bond has been reportedly withdrawn following an initial delay.Fusang…
November 22, 2020 China’s President Urges World Leaders to Support Central Bank Digital Currencies President of the People’s Republic of China, Xi Jinping, is urging G20 nations to support the emergence of central bank digital currencies (CBDCs).…
