Category: China
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Is China Poised to Nationalize Alibaba?
The International Business Times reports China might nationalize Alibaba. Here’s what that has to do with China’s digital currency efforts.
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Shanghai Government Invests $5M in Blockchain Startup Conflux
The Shanghai government has invested over $5 million in Conflux while putting the project on a list of 57 companies that focus on emerging technologies.
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Babel Finance Is Letting Crypto Mining Firms Use Machines as Loan Collateral
A clever way for bitcoin miners to get better loan terms.
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Cointelegraph predictions for the first 5 CBDCs of 2021-2022
2021 & 2022 touted to be the most important years for the development of CBDCs
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US-Listed Chinese Lottery Firm Plans $14.4M Move Into Bitcoin Mining
Shares of the company traded up 11% on the news of the deal to purchase miners later this year.
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Chinese Bank Trials Digital Yuan Services at ATMs: Report
Trials of China’s central bank digital currency continue, with ATMs now starting to be used in Shenzhen.
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State-owned Chinese bank rolls out ATMs for digital yuan
The Agricultural Bank of China has launched an ATM pilot program that enables citizens to convert cash and savings to and from the digital yuan.
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State-owned Chinese bank rolls out ATMs for digital yuan
The Agricultural Bank of China has launched an ATM pilot program that enables citizens to convert cash and savings to and from the digital yuan.
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China Launches Digital Yuan ‘Hard Wallet’ Card Pilot Program
The People’s Bank of China (PBoC) have green lighted a physical card-wallet pilot to test its digital yuan. Coffee shop staff in a Shanghai-based university hospital was chosen as participants in the pilot. Wallet Card Can Pay or Accept e-CNY Without Wi-Fi or a Mobile Connection According to Tencent News, staff members at Shanghai Jiao…
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Law Decoded: Insurrections, transitions, monitoring transactions and 2021, Jan. 1–8
After watching protestors scale the walls of the Capitol Building, the U.S. will likely not be in the mood for financial regulation in the next couple of weeks.