A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillance capabilities, and provide Beijing... Read more »
The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises... Read more »
China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China... Read more »
After China has actually ruled for a variety of successive years as the dominant bitcoin mining center of the world, the United States has actually “taken the leading position in bitcoin mining,”... Read more »
A little over a week earlier, China restored its hostilities towards the crypto market as it stated all crypto deals within its jurisdiction “prohibited.” This brand-new policy, while it has actually had... Read more »
