The Central Bank of the UAE (CBUAE) announced on Wednesday, 26 October 2022 that it had successfully completed the world’s largest pilot of central bank digital...
China’s determination and strong will to advance in the development aspect of it’s Central Bank Digital Currency has been actualized as its digital YUAU wallet goes...
Despite the recent crackdown on cryptocurrencies in China, testing of their central bank digital currency or digital yuan dubbed ‘e-CNY’ has not ceased. The People’s Bank...
China bans NFTs, Calls them Digital Collectibles instead
Fast food retail giant McDonald in China has entered into the world of cryptocurrency as it launches its NFT collections. McDonald’s China in celebration of...
Speaking on China Ban on cryptocurrency, Lead Wallet CEO, Francis Obasi said “Talking about china and the ban sometimes I’m tempted to think that there’s...
The government of the People’s Republic of China has been in the news again for banning cryptocurrency and related activities in the country. Early hours of...
Cryptocurrency businesses have been on the move out of the People’s Republic of China since the government’s extensive crackdown on crypto-based businesses began. In other to...
The Central Bank of the People’s Republic of China has released the whitepaper for its Digital Currency (e-CNY). In the documents, the Central Bank emphasized of...
Bitcoin, Stablecoins and other cryptocurrencies threaten the financial security and social stability of the nation Cryptocurrencies are speculative tools Central Bank Digital Currencies are divided into...
The first cryptocurrency exchange in China, BTCC, has announced that it has shut down its Bitcoin related operations in the country. The exchange which once accounted...
The Telegram token debacle is still a fresh memory. The dreams of establishing a native token, GRAM, for its TON protocol were cut short by through...
In the upcoming digital yuan lottery, China plans to give each of the participants of the lottery 200 digital yuan. This is not the first test...
The Chinese police department recently confiscated cryptocurrencies valued at billions of dollars held by the PlusToken Ponzi scheme (Scam perpetrators) in China. The Jiangsu Yancheng Intermediate...
People’s Bank of China’s (PBoC) governor, Yi Gang, has commended the outcome of the recent National Bank’s CBDC- Central Bank’s Digital Currency- at the Fintech Week...
The People’s Bank of China tightened its surveillance reins as sources have it that its local branch is working in collaboration with Chinese authorities to conduct...
Crypto Scam masterminds are at the risk of huge jail terms as judges in China are hellbent on dishing out severe penalties on convicted crypto scammers....
China’s central bank; People’s Bank of China (PBOC) has started flagging entities’ accounts that is involved in huge cryptocurrency trading according to a latest news report....
Notwithstanding that the whole world was shut down recently due to the Coronavirus pandemic, it appears that China has scaled higher in terms of the number...