Category: China
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China’s Digital Yuan CBDC Is Close, but Many Details Remain Unknown
Despite the interest currently surrounding the digital yuan, some are not yet sure of the project’s overall scope and mainstream viability.
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Bull Runs, Mining, and Tor Attacks: Bad Crypto News of the Week
Check out this week’s Bad Crypto podcast.
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US Federal Reserve Reveals Building a Digital Dollar Codebase With MIT
The U.S. central bank has been working on creating a digital dollar, according to a recently published transcript from Federal Reserve Board Governor Lael Brainard. On Thursday, she told participants attending “San Francisco’s Innovation Office Hours” webcast, that the Fed has been “collaborating with researchers at the Massachusetts Institute of Technology (MIT)” toward building a…
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China Expands Digital Yuan Trials to Beijing and Neighboring Provinces
While there is not yet a set time for the expanded pilot program to begin, a policy framework should be complete by the end of 2020.
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Australian Woman Jailed Two Years for Stealing $300,000 Worth of XRP
An Australian hacker who stole 100,000 units of the XRP cryptocurrency has been sentenced to a maximum of two years and three months in jail, local media reported. Kathryn Nguyen hacked the crypto account of a 56-year old man in January 2018. Working with an accomplice, the 25-year-old Sydney woman proceeded to change the two-factor…
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‘It’s Too Hard to Participate’: CWV Partner on China’s Blockchain Blueprint
Collaborating with the government is never easy.
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Hong Kong’s Greater Bay Area to Launch China’s Digital Yuan
China’s CBDC is on its way to Hong Kong.