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China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
Blockchain is still far from maturity, says China’s former IT minister
24.10.2020
He doesn't seem to think China is that far ahead of the USA when it comes to blockchain development — at least for now
Blockchain Bites: China’s Tether Crackdown, CME’s Bustling Bitcoin Markets, Kin’s ‘Active Development’
23.10.2020
ALSO: PayPal is said to be in talks to purchase cryptocurrency firms including BitGo. What does that mean for crypto?
Proposed Chinese Law Outlaws All Yuan-Pegged Tokens – Except for Its CBDC
23.10.2020
The new version will essentially also clear the way for the digital yuan to be the one and only official yuan-pegged token in mainland China
Chinese Authorities Crack Down on Gambling Sites Using Tether Stablecoin
23.10.2020
Chinese authorities have arrested 77 individuals and shuttered gambling sites using the dollar-pegged tether (USDT) cryptocurrency
We need to talk about Steam & China
22.10.2020
The facts of (Chinese government approval) life
China's Ant Group releases digital copyright platform on AntChain
22.10.2020
The platform is just the latest product in the fintech's long-evolving blockchain solutions
Central bank digital currency could 'threaten' Bitcoin says CZ
22.10.2020
Binance boss Changpeng Zhao aired his views on CBDCs adding that Bitcoin could be under threat if a more advanced currency was launched
Hong Kong ‘Exploring’ Collaboration With China on Digital Yuan: Finance Chief
21.10.2020
A cross-boundary digital yuan could bring Hong Kong closer to the Mainland, Hui said
OKEx’s lips remain sealed on its sudden crypto withdrawal freeze
21.10.2020
OKEx’s secrecy around locking customer withdrawals has led to misinformation and confusion around what’s happening with the exchange
In China, most blockchain R&D funds are going toward this segment
20.10.2020
China's growing interest in blockchain technology spreads to publicly traded companies
Pomp says US digital dollar needs to happen now
20.10.2020
The U.S. doesn't mind coming a bit late to the CBDC party, but is that the wrong approach?
Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency
20.10.2020
As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. Russia’s Central Bank Plans Digital Ruble The central...
Filecoin creator denies strike allegations
19.10.2020
“Miners are following the protocol, and making a ton of money doing so,” said Juan Benet on Twitter
While China Is Already Testing CBDC, US's Goal Is 'To Get It Right'
19.10.2020
Source: a video screenshot, Youtube/IMF
Central banks are still more focused on risks of central bank digital currencies (CBDCs) while they're increasingly cooperating with each other in an attempt to investigate this potentially new form of local and cross-border payments, according to statements...
Better to get it right than to be first with CBDC, says US Fed chair
19.10.2020
The U.S. already has a “safe and active dynamic domestic payment system,” Powell argued
First Users Not So Impressed by China’s Digital Yuan: Report
19.10.2020
A recent giveaway of China's in-testing central bank digital currency has reportedly left recipients wondering why they should swap from existing solutions like Alipay
95% of winners in China’s CBDC lottery spent digital yuan prizes
19.10.2020
Some winners purchased additional digital yuan during the pilot
Filecoin Miners Go On Strike One Day After Mainnet Launch, Prompting Early Reward Release
19.10.2020
Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations
Bitcoin mining’s future is green, and Russia has the best chance
18.10.2020
Despite unclear crypto regulations in the country, Russia may become the leader in sustainable crypto mining