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Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22
22.1.2021
Retail users may have to wait in much of the world, however
At Least One Key Huobi Executive Is In Custody in China: Sources
22.1.2021
The Chinese police appear to have intensified their crackdown on crypto exchanges’ OTC trading services in the last year
Alleged ‘ghost’ Bitcoin mining firm traded on Nasdaq faces class action lawsuit
22.1.2021
Investors are suing a Bitcoin mining company for allegedly fabricating the existence of BTC mining farms in China, and reportedly misleading the public
While China's CBDC sets the pace, the yuan stumbles in usage abroad
21.1.2021
The past two years were much harder on the dollar, however
Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong — Second Incident in 2021
21.1.2021
Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens. One of the Robbers Gained Female’s Trust...
Chinese City Plans Third Digital Yuan Pilot, Giving Away $3M-Worth in Prize Draw
21.1.2021
Being held as a public pilot of the central bank digital currency, lottery entrants can apply to win 200 digital yuan each
Chinese cities continue to promote digital yuan through festive lotteries
21.1.2021
The city of Shenzhen has launched the third round of its central bank digital currency pilot in the form of a promotional lottery scheme offering residents handouts during local festivities
Jack Ma resurfaces in new video after an almost 3-month ‘disappearance’
20.1.2021
A representative for the Jack Ma Foundation confirmed to reporters that the businessman had “participated in the online ceremony of the annual Rural Teacher initiative event on January 20.”
Asia accounts for almost half of global crypto trading: Messari report
20.1.2021
Crypto activity in Asia is equivalent to that in the U.S. and Europe combined
Bank of France settles $2.4M fund in central bank digital currency pilot
19.1.2021
The Bank of France processed $2.4 million worth of fund units using a CBDC in December as part of ongoing experiments into blockchain and stablecoin technology
China’s Blockchain-Based Service Network to Integrate Central Bank Digital Currency
17.1.2021
The BSN expects to complete integrations with a total of 30 public blockchains this year
China turns up pace on CBDC release, tests infrastructure prior to adoption
16.1.2021
The yuan is not seen as a major currency. Could digitizing it change that? China is breaking new ground in the Shenzhen region and beyond
China’s blockchain project BSN to pilot global CBDC system in 2021
15.1.2021
China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN
Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US
15.1.2021
One of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States. China-based Whatsminer is reportedly looking to obtain additional funds to buy Samsung chips with the initial public offering (IPO). Whatsminer’s Revenue Could Hit $1 to...
US Fed: CBDC a ‘very high priority’ to combat bad private sector money
15.1.2021
The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell
Fed Chief Bets That US's 'First-Mover Advantage' in CBDC Race Is Stronger Than China's
15.1.2021
Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News
Jerome Powell, the chairman of the US Federal Reserve (the Fed), has suggested that the United States is in no rush to issue a central bank digital currency (CDBC), opining that the dollar’s status as the de facto world...
Some Asian Traders Are Using Polkadot to Predict Bitcoin’s Future
14.1.2021
DOT reached its all-time high of $13.22 just six days after bitcoin’s price reached a new all-time high
Publicly-Listed Lottery Company to Buy $14.4M Worth of Bitcoin Mining Machines
13.1.2021
A U.S. listed Chinese sports lottery firm announced that it has entered into a purchase agreement to acquire bitcoin (BTC) mining machines. The deal involves the issuing of $14.4 million worth of 500.com Class A ordinary shares. Models Include S17, T17, M20s and S9 According to the announcement...
Chinese Hospital Issues First Electronic Bill on Blockchain
13.1.2021
The People’s Hospital of Chengmai County has issued the first electronic bill on its blockchain-based invoice management platform in South China’s Hainan province, which brands itself as the country’s blockchain hub
State-Backed Agricultural Bank of China Launches the First Digital Yuan ATMs
12.1.2021
The Agricultural Bank of China (ABC), one of China’s “big four” banks, is embarking on a pilot program to enable the first digital yuan ATMs. The banking institution deployed the first machines in selected branches in Shenzhen. ATMs Will Work With a Smartphone App According to...