China’s Digital Yuan Little Used, Former Central Bank Official Says
Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat…
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Former Chinese central banker says digital yuan ‘usage has been low’
A former China central banker said cumulative e-CNY transactions only crossed $14 billion in two years, adding the results were “not ideal.”
Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows
Despite partial crypto bans, the Chinese Government has included blockchain technology in official state development policy.
Chinese Government to Launch an NFT Marketplace
China is following up on its CBDC efforts with a state-sponsored NFT marketplace, which would enable the trading of digital copyrights and digital collections on a blockchain called the China...
China to Launch ‘Digital Asset Trading Platform,’ Media Report Unveils
A marketplace for digital assets is soon going to open in China under a public-private partnership, local media revealed. According to the report, the goal is to establish a regulated…
Chinese Communist Party official pleads guilty to helping Bitcoin miners
Xiao Yi, Communist Party Secretary of the City of Fuzhou, financially aided Bitcoin miners between 2017 and 2021.
China’s first national NFT marketplace to launch next week: Report
The state-backed platform will serve as a secondary market for NFTs and digital asset copyrights.
Canaan expects minor revenue drop in 2022 despite crypto mining crisis
Crypto mining firm Canaan expects its annual RMB-denominated revenue to drop less than 15% despite the crypto market cap plummeting 70% in 2022.
Bitcoin Mining Pool Btc.com Suffers $3 Million Cyberattack
A major cryptocurrency mining pool has been hit by hackers earlier this month, the company who owns the pool revealed in an announcement. The incident resulted in the theft of…
Bitcoin mining pool BTC.com reports $3M cyberattack
BTC.com, the seventh-largest Bitcoin mining pool, said that its client fund services are unaffected by the recent $3 million cyberattack.
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