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China Is Drafting Laws for the Circulation of National Digital Currency


Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what...

World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic


The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...

China May Ramp up Digital Currency Progress to ‘Fend off Risk’ from US


The coronavirus pandemic has disrupted China’s economy, but not its digital currency plans. And amid reports that the country is nearing a major breakthrough in its plans to launch a digital fiat, one of the project’s key figures is urging caution lest American rivals steal a march on the Middle...

Justin Sun Happy With China’s Decision to End Lockdown in Wuhan


Justin Sun, the TRON spearhead and a renowned business personality of the crypto industry, showed his overwhelmingness while announcing that China is all set to end the lockdown on Wuhan imposed earlier to control the spread of COVID-19. He released a chain of tweets on his official Twitter handle...

IOST Shines as the First Blockchain Network Interviewed by AWS China


Taking pride in being the globally acclaimed blockchain network offering world-class security and scalability features, IOST has added a feather to its credit as it becomes the first blockchain project to be interviewed by the leading cloud computing provider, Amazon Web Services or AWS China....

China and US Initiate Clinical Trials of Coronavirus Vaccine


While the entire world is battling with the deadly coronavirus pandemic, the recent news coming in from China and the U.S is a soothing breeze for one and all. Reports have surfaced all over the internet, claiming that researchers from China and the United States of America have started clinical...

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