Inner Mongolia plans to ban Bitcoin mining by April 2021 to reduce carbon emissions. China’s carbon emission commitments could trigger an exodus of BTC mining projects. A report by Chinese…
Yuan transactions represented 90% of the global Bitcoin trade with a value over $10,000 and over a period of 4 years. Authorities’ crackdown on the crypto industry is causing China…
Ethereum is up 169.4% in 2020 and has driven the crypto market rally. Report is part of a coordinated effort amongst state media to report on cryptocurrencies. In an unexpected…
Wu Xiaoling, former deputy governor of the People’s Bank of China, has called Bitcoin a commercial success, but said it has a central flaw. Xiaoling predicts that there will be…
Governor Yi Gang, confirms that the launch date for the digital Yuan is not yet scheduled. Digital Yuan could be used in the 2022 Winter Olympics. Coronavirus (Covid-19) pandemic could…
McDonald’s, Starbucks, Subway and other restaurants could test China’s central bank-issued digital currency (CBDC), known as the digital Yuan. The application of the digital Yuan test is expected to take…
The digital coin issued by China’s central bank will be fully centralized and issued by selected commercial banks. The central bank will approve all transactions and requests from partner banks…
The deputy director of the Central Bank of China, Mu Changchun, has announced in an interview that the digital yuan will be significantly different from Bitcoin and also Stablecoins. The…
In a recent interview, Binance CEO Changpeng Zhao (CZ) commented on the current situation of Bitcoin in China. According to CZ, there was a large unjustified FUD in the media,…
Binance CEO, Chanpeng Zhao, announced that he will sue “The Block” for alleged slanderous news and reputational damages. Shanghai Central Bank will start implementing stronger measures to regulate crypto exchange…
A major Chinese bank, the China Merchants Bank, has invested in BitPie, the Bitcoin wallet provider. Furthermore, a committee of the Chinese province Sichuan explained that Bitcoin mining in the…
