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US Fed researcher says CBDCs should beat Big Tech payments on privacy protection

23.11.2020
The paper also put forward CBDCs as solutions to high transaction fees and the energy use of mining cryptocurrencies like Bitcoin

Suzhou to launch digital yuan 'red envelope' trial for Double 12 event

23.11.2020
Tied in with a national shopping event, the trial will add "offline" and "touch" functionality

China Construction Bank Pulls Planned Listing of Bitcoin-Tradable Bond

23.11.2020
The "Big Four" Chinese bank has suspended the listing of a $3 billion bond issuance that was intended to be tradable for bitcoin and U.S. dollars

China to Hold Second Lottery Trial of the Digital Yuan

23.11.2020
A lottery in Suzhou will additionally trial the offline feature of the digital yuan, per a Monday report

Chinese banking giant withdraws $3B blockchain bond from listing

23.11.2020
The $3 billion blockchain bond has been effectively cancelled

Analysts: Institutional Investor Interest Fueling BTC Rally, Liquidity Crunch Narrative Debunked

22.11.2020
Crypto analysts are pushing back against the narrative that the current BTC rally is being fuelled by a liquidity crunch afflicting bitcoin mining pools in China. The liquidity crunch, which is caused by an ongoing regulatory crackdown in that country, has reportedly left miners unable to sell...

China’s Xi Asks G20 Countries to Be ‘Open and Accommodating’ to CBDCs

21.11.2020
In a wide-ranging speech, Xi said that the G20 group “needs to discuss developing standards and principles for central bank digital currencies.”

Blockchain is good for hodling, but not for voting: Bad Crypto news of the week

21.11.2020
Analysts make a slew of wild predictions as Bitcoin continues its moon mission in this week's Bad Crypto podcast

The US election seals China's victory in digital currency supremacy

21.11.2020
While there is an unclear future for digital currency development under Joe Biden’s presidency, China is leading the race

IMF lawyers argue that central banks need reform before they can issue CBDCs

20.11.2020
New and developing research from the International Monetary Fund suggests that central banks around the world need new legal definitions for tokenized currencies

Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years

20.11.2020
Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies

MyEtherWallet founder weighs in on the most crypto-friendly country

19.11.2020
Crypto-friendly regulation may be in the eye of the beholder

First Mover: What China Crackdown Means for $18K Bitcoin as Dimon Passes on Tea

19.11.2020
Fewer new bitcoin may be hitting the market because miners in China can't sell their bitcoins due to a crackdown by their government

OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away

19.11.2020
Bitcoiners on social media have panned remarks by acting U.S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. The bitcoiners argue that the disproportionate number of miners stationed in China...

Bitcoin’s Rally Could Be Caused by a Supply Crunch in China

18.11.2020
Chinese miners are struggling to sell their crypto in ways that would quickly get them much-needed cash in the face of a government crackdown on local exchanges

Bitcoin Ascends in New Crypto Ranking by State-Backed Chinese Institute

17.11.2020
China’s Center for Information and Industry Development (CCID), under the country’s Ministry of Industry and Information Technology, has released its 20th ranking of crypto projects. A total of 37 crypto projects are ranked this time around overall as well as in three separate...