Hong Kong firm to offer insurance for Asian cryptocurrency holdings
Insurance and risk management for digital assets will increase investor confidence, said OneDegree.
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Giant Online Retailer JD Accepts China’s Digital Yuan for Payments on Singles Day: Report
One of the largest Chinese e-commerce platforms – JD.com – has reportedly enabled its customers to use the digital yuan for payments during the shopping festival – Singles Day. JD…
Chinese retail giant JD accepts digital yuan payments for Singles Day
Some 450,000 JD.com customers have used China’s digital yuan for payments as of June 2021.
Huobi Closes Singapore-Based Accounts to Comply with Local Legistation
The major digital asset exchange – Huobi Global – revealed it will shut the accounts of all Singapore-based users by March 31, 2022. The company will also start closing its…
PBoC governor says digital yuan to be more privacy-enhanced than payment apps
Making the e-CNY more privacy-orientated aside, the PBoC already has ambitions to bring the CBDC onto the world stage.
China Hit a Milestone of 140 Million Digital Yuan Wallets, Said PBoC Official
The number of digital yuan wallets in China has reportedly surged to 140 million, as 10 million of them are corporate accounts. Transactions in e-CNY reached 62 billion yuan, or…
Over 140 million people have digital yuan accounts, says PBoC head
China’s CBDC hit 62 billion yuan in total transactions processed, according to PBoC’s digital currency head.
Paraguay Eyed as New Bitcoin Mining Destination
Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a…
Huobi closes crypto derivatives as part of wind-down for Chinese traders
By shutting down derivatives trading on Huobi, the company takes one more step toward closing its operations in China.
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