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Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners


During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining...

Cash Users in China Risk to Get Coronavirus, Banks Disinfect Banknotes


Chinese officials are waging an unexpected war on cash in the wake of the coronavirus outbreak – amid fears that contaminated banknotes could spread the deadly virus. The country’s central People's Bank of China (PBoC) has launched a campaign that, per the South China Morning Post, will see it...

84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan


The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central...

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