Category: China
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Is Bitcoin a waste of energy? Pros and cons about Bitcoin mining
Do the benefits brought by Bitcoin and the improvement in our standard of living justify this additional use of energy?
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Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22
Retail users may have to wait in much of the world, however.
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Alleged ‘ghost’ Bitcoin mining firm traded on Nasdaq faces class action lawsuit
Investors are suing a Bitcoin mining company for allegedly fabricating the existence of BTC mining farms in China, and reportedly misleading the public.
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While China’s CBDC sets the pace, the yuan stumbles in usage abroad
The past two years were much harder on the dollar, however.
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Chinese cities continue to promote digital yuan through festive lotteries
The city of Shenzhen has launched the third round of its central bank digital currency pilot in the form of a promotional lottery scheme offering residents handouts during local festivities.
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Jack Ma resurfaces in new video after an almost 3-month ‘disappearance’
A representative for the Jack Ma Foundation confirmed to reporters that the businessman had “participated in the online ceremony of the annual Rural Teacher initiative event on January 20.”
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Asia accounts for almost half of global crypto trading: Messari report
Crypto activity in Asia is equivalent to that in the U.S. and Europe combined.