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TRON Founder Justin Sun Wins Landmark Case in the People’s Court of China
Geneva Switzerland, June 26, 2024 – TRON DAO welcomes an unprecedented victory by its founder Justin Sun in the People’s Court of China over a landmark defamation suit filed against the Chongqing Business Media Group (“the Media”). дальше »
2024-6-27 02:34 | |
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Blockchain Revolution In China? NPC Pushes For Rapid Development, Forgets About Crypto
Blockchain technology emerged in the spotlight at the “Two Sessions” event, a prominent annual gathering of China’s political and industry leaders in Beijing. At this event, National People’s Congress (NPC) member Dong Jin proposed expediting this technology’s development nationwide. дальше »
2024-3-7 22:00 | |
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Yi Gang: The Digital Yuan Would Provide Controllable Anonymity
Yi Gang, People's bank of India governor, discussed the development of Yuan digital currency and hinted on the possibility of it serving as a currency substitute. This comes months after China's central bank governor stated something similar. дальше »
2022-11-2 21:00 | |
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Bank of Thailand Completes a Wholesale CBDC Pilot Program
The Bank of Thailand together with UEA's central bank, BISIH, the digital currency institute of the people's bank of China and HKMA have all adopted CBDCs according to a report by the BIS as more banks are looking to venture in the project. дальше »
2022-10-27 14:00 | |
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China Discovers Major Crypto Laundering Scam, Police On Arrest Spree
The Chinese government has never supported crypto activities since the emergence of the industry. The People’s Bank of China took further actions against the digital industry and banned all local digital assets operations. дальше »
2022-9-29 19:20 | |
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Crypto.com Loans & Lending Review – What Are The Rates, LTV, Collateral, Supported Coins
Most people want to take out a loan at some point in their lives. Until recently, your options were limited by your FISA score, the US version of China’s Social Credit Score. Your previous financial behavior is used to approve or deny a loan application. дальше »
2022-6-25 09:02 | |
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China’s Top Court Seeks To Leverage Blockchain Technology For Its Operations
The Supreme People’s Court of China has issued an opinion on strengthening the application of blockchain technology in court operations. According to a six-point document posted on the court’s website Wednesday, the court proposes to thoroughly implement president Xi Jinping’s thoughts on the rule of law and to “promote the innovation and development of blockchain […] дальше »
2022-6-2 21:10 | |
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STEPN removes GPS in China, can the value of the token recover?
STEPN GMT/USD is a web3 lifestyle application that features built-in Game-Fi and Social-Fi elements that aim to aid people in their daily activity needs. In other words, it is a fitness tracker that has play-to-earn (P2E) mechanics. дальше »
2022-5-27 13:44 | |
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Bitcoin Protected Under Chinese Law, Says China High Court
The Shanghai High People's Court in China ruled that Bitcoin is a virtual asset protected by Chinese law, and has economic value. The post Bitcoin Protected Under Chinese Law, Says China High Court appeared first on BeInCrypto. дальше »
2022-5-16 02:02 | |
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How To Buy Bitcoin in China?
Easiest and cheapest ways to buy crypto in China No matter where they live, people always seek the easiest and cheapest way to buy bitcoin. Buying crypto in China is a bit harder than in some other countries so we have compiled a list of exchanges where Chinese citizens can buy bitcoin. дальше »
2022-3-19 14:04 | |
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China outlaws crypto fundraising, offenders could face jail sentences
Under new legal interpretation from China’s Supreme People’s Court, raising funds using cryptocurrency is deemed as an illegal activity in the country, according to South China Morning Post. The post China outlaws crypto fundraising, offenders could face jail sentences appeared first on CryptoSlate. дальше »
2022-2-26 06:00 | |
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Governor Of Hungary’s Central Bank Has Just Proposed EU-Wide Ban On Bitcoin
Several nations have already outlawed cryptocurrencies like bitcoin, with China being the most high-profile example. The People’s Republic of China infamously declared all virtual currency-related activities illegal last year. дальше »
2022-2-11 21:39 | |
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China: e-CNY final preparations underway ahead of Winter Olympics curtain lifter
China is nearing its e-CNY official debut when the Winter Olympics commences on 4 February, 2022. Latest before the debut In an announcement dated 19 January, the People's Bank of China expanded on The post China: e-CNY final preparations underway ahead of Winter Olympics curtain lifter appeared first on AMBCrypto. дальше »
2022-1-20 22:30 | |
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China rolls out digital yuan wallet to foster further e-CNY adoption
China is actively pursuing its plans to launch a central bank digital currency (CBDC), with the latest development being the launch of a digital yuan wallet. A report unveiled this news on January 4, noting that the People’s Bank of China (PBoC) rolled out the beta version of the wallet to expand the usage of […] The post China rolls out digital yuan wallet to foster further e-CNY adoption appeared first on Invezz. дальше »
2022-1-6 21:50 | |
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China enters 2022 with a first-mover advantage on the CBDC front, releases pilot versions of digital yuan wallet apps for Android, iOS
The People’s Bank of China (POBC) recently released pilot versions of digital yuan wallets for both Android and iOS smartphones, Reuters reported. Meanwhile, researchers from Cornell University and the University in Chicago outlined what all the rush is about, and how will the arrival of digital yuan, also known as e-CNY or DCEP, affect the […] The post China enters 2022 with a first-mover advantage on the CBDC front, releases pilot versions of digital yuan wallet apps for Android, iOS appeared first on CryptoSlate. дальше »
2022-1-5 08:00 | |
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Crypto.com Loans & Lending Review [2022] – What Are The Rates, LTV, Collateral, Supported Coins
Most people want to take out a loan at some point in their lives. Until recently, your options were limited by your FISA score, the US version of China’s Social Credit Score. Your previous financial behavior is used to approve or deny a loan application. дальше »
2021-12-9 18:36 | |
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The People’s Bank Of China’s Report On Blockchain Tech And Their Upcoming CBDC
Apparently, the People’s Bank Of China is considering using blockchain technology to power the Digital Yuan CBDC. The coin, also known as Digital renminbi or digital RMB, has been in beta-testing for a while now. дальше »
2021-12-7 01:38 | |
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Govt alarms of telecom fraud using the digital yuan in China
The Chinese Xiongan New District alarmed of telecom fraud using the digital yuan, a digital currency the Chinese Central Bank started issuing recently, CoinDesk reports. The local government and branch of the People’s Bank of China signed a notice on Thursday, Nov. дальше »
2021-11-21 16:12 | |
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ParaSwap’s Newly Launched Governance Token, PSP, Tanks 45% After Team’s ‘Decentralization Maximizing’ Airdrop
Users located in the United States of America or the People’s Republic of China are not permitted to participate in the airdrop or even transact in PSP. The post ParaSwap’s Newly Launched Governance Token, PSP, Tanks 45% After Team’s ‘Decentralization Maximizing’ Airdrop first appeared on BitcoinExchangeGuide. дальше »
2021-11-16 17:42 | |
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Crypto Assets Worth $60 Million Seized By Chinese Police In Filecoin Ponzi Scheme Case
Local police from the Fengxian district country Bureau in Shanghai China have arrested 31 people for alleged illegal pyramid schemes. During the crackdown, police seized over 400 million yuan ($62. дальше »
2021-11-7 19:35 | |
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CBDCs: Project mBridge to enter pilot stage next year
CBDC fever has spurred many financial institutions across the world into action. Along with the BIS Innovation Hub, the Bank of Thailand, the Central Bank of the U.A.E., the People's Bank of China [DiThe post CBDCs: Project mBridge to enter pilot stage next year appeared first on AMBCrypto. дальше »
2021-11-5 02:30 | |
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140 Million People Opened ‘Wallets’ for China’s Digital Yuan and Used it for Transactions Worth $9.7B
While 1.55 million merchants, so far, can accept payments in e-CNY, Chinese police cracked the first case of e-CNY used to launder money. The post 140 Million People Opened ‘Wallets’ for China’s Digital Yuan and Used it for Transactions Worth .7B first appeared on BitcoinExchangeGuide. дальше »
2021-11-4 20:28 | |
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Why Hong Kong Could Allow Retail To Dabble Into Crypto ETFs
The local securities regulator in Hong Kong will review the rules for people to be able to trade crypto-linked Exchange Traded Funds (ETFs). According to a report by the South China Morning Post, Hong Kong’s Securities and Futures Commission (SFC) will take another look into its digital asset transaction regulation. Related Reading | Bye-Bye China […] дальше »
2021-11-3 21:00 | |
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Report: China coerces McDonald’s to adopt e-CNY ahead of Winter Olympics
China is pressing fast-food company McDonald’s to embrace its central bank digital currency (CBDC) as the Beijing Winter Olympics inch closer. A report citing three people familiar with the matter disclosed this news earlier today, noting that McDonald’s has received instructions to integrate a digital renminbi payments system across its restaurants in the country. дальше »
2021-10-22 22:57 | |
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China Can’t Regulate Virtual Worlds – The Pros of Decentralized Metaverses
China’s crackdown on cryptocurrencies has reached a new level of intensity in recent weeks. The People’s Bank of China (PBOC) has previously decided to prohibit financial institutions from dealing in virtual currencies, including Bitcoin and Ethereum. дальше »
2021-10-7 08:07 | |
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Shilling for the Man: Why MSM Hates Crypto
Nearly every day as of late, scary headlines herald the demise of cryptocurrencies while federal governments and regulators all over the world crackdown on the enigmatic digital assets. ‘SEC Working Overtime to Take Control of Crypto Markets’, ‘People’s Bank of China Rules All Crypto-Related Trading Illegal’, ‘Russia’s Central Bank Wants to Slow Down Cryptocurrency Payments’, ‘Indian Authorities Consider Taxing Cryptocurrency Trades’, to name a few. дальше »
2021-10-5 14:01 | |
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Bitcoin Dealt Another Blow By China’s E-Commerce Giant Alibaba
Chinese giant e-retailer Alibaba has announced it will halt selling cryptocurrency mining equipment come October 8, 2021. This is according to two notices sent out on Monday referring to laws and regulations and particularly a circular by the People’s Bank of China and other government organizations published last week that banned the transaction, mining, and […] дальше »
2021-9-29 23:05 | |
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China Ban Causes Surge in Decentralized Exchanges Tokens UNI, SUSHI, BNT
Cryptocurrency investors have turned bullish on Decentralized Exchange (DEX) tokens in the wake of China’s most recent ban on cryptocurrency. On Friday 27 September, The People’s Bank of China (PBOC) – which exercises regulatory control over one of the world’s largest cryptocurrency markets – declared that all cryptocurrency transactions are “illegal financial activities”, adding thatRead More дальше »
2021-9-27 17:00 | |
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China's clampdown on crypto might see Singapore turn beneficiary
The People’s Bank of China (PBoC) has banned all crypto-related activities, once and for all, in its latest order. This is, perhaps, the first time the nation has outrightly declared trading in dThe post China's clampdown on crypto might see Singapore turn beneficiary appeared first on AMBCrypto. дальше »
2021-9-26 23:30 | |
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How are Ethereum Futures coping with the market-wide crash
The effect of the People’s Bank of China's latest statement on crypto-services prohibition in mainland China was as expected. The crypto-market came tumbling down as Bitcoin fell by over 5% after thThe post How are Ethereum Futures coping with the market-wide crash appeared first on AMBCrypto. дальше »
2021-9-25 22:30 | |
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China: PBOC’s Fresh Crackdown on Crypto Sends the Market Tumbling
China has announced a fresh crackdown on cryptocurrencies. The People’s Bank of China is targeting transactions. It has declared them illegal as well as crypto-related businesses. Financial institutions too cannot provide services related to crypto, according to the announcement. дальше »
2021-9-24 19:00 | |
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India’s First Crypto Unicorn: Interview with CoinDCX CEO Sumit Gupta
India, already home to 1.37 billion people (nearly 4x that of the United States), is one of the fastest-growing countries. India’s population demographic is much younger than that of China… The post India’s First Crypto Unicorn: Interview with CoinDCX CEO Sumit Gupta appeared first on CoinCentral. дальше »
2021-9-13 20:00 | |
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China's e-CNY test runs show progress, but 'some problems still need to be solved'
Even as developed nations around the world continue to advance to different stages of developing their CBDCs, China seems to be well ahead of the others. However, a People's Bank of China (PBOC) officThe post China's e-CNY test runs show progress, but 'some problems still need to be solved' appeared first on AMBCrypto. дальше »
2021-9-13 17:34 | |
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Crypto-related money laundering next on China's policy framework
The People's Bank of China, in its Financial Stability Report 2021, had pointed out that its clampdown on virtual currencies was complete. Days after the release of the report, Zhou Xiaochuan, formThe post Crypto-related money laundering next on China's policy framework appeared first on AMBCrypto. дальше »
2021-9-12 18:00 | |
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China Unveils Plans For H2 2021 — Crypto Witch Hunt May Be Coming To An End
The People’s Bank of China has stated that its crackdown on virtual currencies has been achieved and is now under normalized supervision. The mission for the remaining months of the year is to “maintain” the status quo which is a hint that the sector may not see any major regulatory actions in the near future. […] дальше »
2021-9-12 21:56 | |
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China: Is the PBoC's new 'reminder' on Bitcoin's status really new
"We remind the people once again that virtual currencies such as Bitcoin are not legal tenders and have no actual value support." The People's Bank of China [PBoC] has once again raised an alarm abouThe post China: Is the PBoC's new 'reminder' on Bitcoin's status really new appeared first on AMBCrypto. дальше »
2021-8-28 04:30 | |
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China’s Digital Yuan Used for Payment in Country’s Financial Markets
China’s Dalian Commodity Exchange has successfully used the digital yuan for fees settlement in the nation’s futures market, making it the first real application of the People’s Bank of China (PBoC) issued digital currency in the finance sector, according to a report by China Securities News Network on August 23, 2021. дальше »
2021-8-25 19:00 | |
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China’s Central Bank Launches Major Crypto Crackdown in Shenzhen
The crackdown on cryptocurrencies appears to be gaining steam in China. Local reports state that the Shenzhen branch of the People’s Bank of China (PBOC) has cleansed 11 companies for their illegal cryptocurrency activities. дальше »
2021-8-18 15:00 | |
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