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Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue

9.3.2023
Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant payment systems....

China’s Wechat Adds Support for Digital Yuan Payments

8.3.2023
Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the People’s Bank of China. Wechat Pay Follows Alipay...

Report: Perth Mint Faces $9 Billion Recall From China Over ‘Doped’ Gold Scandal

7.3.2023
Perth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. The practice of doping gold involves adding impure ore like silver to...

Today in Crypto: Pro-Russian & Neo-Nazi Militia Groups Promoting Digital Wallets for Crowdfunding on Telegram, Crypto Scams in Hong Kong up 67%, Thailand to Offer Tax Breaks for Investment Tokens Issuers

7.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________... Read More: Today in Crypto: Pro-Russian & Neo-Nazi Militia Groups Promoting Digital Wallets for Crowdfunding on Telegram, Crypto Scams...

WeChat integrates digital yuan into its payment platform

7.3.2023
Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity

China announces plans for new national financial regulator

7.3.2023
The new administration will replace the current banking and insurance watching that coincides with a larger government overhaul

JD.com & Bank of China Join Mainland China-Hong Kong Digital Yuan Pilot

7.3.2023
Major business players are joining the Hong Kong-Mainland China “cross-border” digital yuan pilot – including the e-commerce giant JD.com and the Bank of China. The Bank of China is one of Mainland China’s largest state-run commercial banks, while JD.com is arguably the nation’s answer...

Billionaire Mark Mobius Says He Can’t Get His Money Out of HSBC China – ‘They’re Putting All Kinds of Barriers’

7.3.2023
Billionaire Mark Mobius, founder of Mobius Capital Partners, says he cannot take his money out of HSBC in Shanghai, China. Citing severe capital control by the Chinese government, he stressed: “It’s crazy … They’re putting all kinds of barriers.” Mark Mobius...

First Mover Asia: Filecoin Struggles Amid China Exposure, Cost of Subsidy Concerns

7.3.2023
A large footprint in China, which creates skepticism about data safety, and a heavy subsidy spend, means Filecoin needs more than a token rally to be sustainable

21.co CEO Sees ‘No Material’ Impact on Bitcoin Following Silvergate’s SEN Platform Closure

6.3.2023
Hany Rashwan, co-founder of the Zug, Switzerland-based ETP provider, says bitcoin’s price is being driven by more macro economic factors, including inflation and East Asian traffic

First Mover Asia: Bitcoin Is Stuck Between Silvergate and China

6.3.2023
ALSO: CoinDesk columnist Chief Insights Columnist David Z. Morris considered the gathering of the Etherians at ETHDenver, all working together to build; Bitcoin stands on a precipice above $22.4K

Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report

5.3.2023
Central banks show continued demand for gold in 2023, as per a recent report from the World Gold Council (WGC), which noted that the world’s central banks accumulated 31 tons of the precious metal in January. Turkey was the largest gold buyer, adding 23 tons to its central bank’s stash...

CZ denounces false rumor 'widely' spread on China's WeChat

5.3.2023
A Metamask security analyst stated this event was the “2023 adaptation of attempted market manipulation.”

12 Wo Long: Fallen Dynasty Tips For Surviving In A Fantastical, Feudal China

3.3.2023
Wo Long: Fallen Dynasty, the latest Soulslike from action game masterminds Team Ninja, is an enrapturing amalgam of Bloodborne and Nioh 2 with some Sekiro: Shadows Die Twice sprinkled in for good measure. It’s punishing as hell, but also one of the most approachable games in a genre known...

Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain

2.3.2023
A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand for yuan payments is growing. MKB Employs Bank of Russia’s...

Hong Kong citizens not interested in digital yuan: Reports

2.3.2023
Despite the 20% discount, the e-CNY hard wallets don’t attract much attention from the islanders

China's Digital Yuan Fails to Gain Traction with Hong Kong Visitors – Is China's Digital Currency Facing a Roadblock?

2.3.2023
Shenzhen, China started offering physical cards and discounts to Hong Kong tourists in order to drive the cross-border use of its digital yuan - but the first few days seem to have been a bit slow. Per the state-backed Shenzhen News, the country's first digital yuan hard wallet self-service card...