China’s Central Bank Demands China-based Banks to Halt Crypto Service Offerings

The Central Bank of China recently ordered Chinese banks and other payment establishments to suspend crypto service offerings, such as transactions, settlements, and even opening...

US DOJ Recovers $2.3 Million Worth of BTC from the Ransomware Attack Suffered By...

The US Department of Justice (DOJ) announced earlier today that it had successfully recovered Colonial Pipeline's $2.3 million worth of Bitcoin (BTC) from when it...

Beijing Is Reportedly Cracking Down On Crypto Mining Farms in an Effort to Promote...

In response to the rapidly growing global concern of regulators regarding the massive electricity consumption of Bitcoin (BTC) farms worldwide, Beijing is now reportedly conducting...

The Chinese CBDC Could Serve As Viable Backup to Both WeChat Pay and Alipay,...

The Central Bank Digital Currency (CBDC) of China, the Digital Yuan, could serve as an effective alternative for the country’s primary retail payment services,...

Blockchain Technology Has Been Mentioned On the Five-Year Policy Plan of China for the...

China's long-running pursuit of being the world's leading nation regarding blockchain technology utilization has further been reinforced by the latest five-year development plan recently released...

Shenzhen China Will Host Its Third Digital Yuan Lottery on January 26; Will Give...

A few weeks after Shenzhen China's latest "red envelope" testing, which gave away over 20 million digital yuans or $3 million worth, the city recently...
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The Digital Yuan Does Not Intend To Replace Any Present Fiat Currencies, As Per...

The former People’s Bank of China (PBoC) governor, Zhou Xiaochuan, stated on a particular conference this past Sunday that the highly-awaited digital yuan is...
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China Schedules the Digital Yuan’s Second Lottery in the Double 12 Shopping

According to the local news publication, The Paper, Suzhou China is set to host the second lottery for the Chinese CBDC or Digital Yuan...
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Huawei Mate 40: First Smartphone to Feature a Hardware Wallet for Digital Yuan

Huawei’s newest smartphone offering, the Huawei Mate 40, will reportedly feature an integrated hardware wallet for the digital yuan – China’s highly-publicized central bank...

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