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El Salvador Showcases Bitcoin Success in Key Meeting With Chinese Ambassador

El Salvador’s vice president highlighted bitcoin’s role in economic growth during a meeting with China’s ambassador, emphasizing Chinese cooperation in advancing digital infrastructure projects. El Salvador Spotlights Bitcoin Wealth in…

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Chinese Auto Dealer Dives Into Bitcoin Mining With $256M Investment

Shanghai-based car dealership Cango Inc. has pivoted to Bitcoin (BTC) mining, announcing a $256 million acquisition of 32 exahashes per second (EH/s) in hashrate from Bitmain Technologies. In November, the…

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China’s Digital Yuan Faces Uphill Battle With Corruption Scandals and Sluggish Adoption

China’s digital yuan (e-CNY), once a frontrunner in central bank digital currencies (CBDCs), faces challenges including corruption scandals and slow adoption due to entrenched online payment giants like Alipay and…

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