is china e cny cbdc effectively competing with wechat pay and alipay

Is China e-CNY CBDC effectively competing with WeChat Pay and AliPay

China has become the frontrunner when it comes to the global CBDC race. China’s e-CNY is expected to witness a full-fledged launch by February 2022. However, so far, it has…

chinese crypto mining crackdown turns focus to pc rooms and home miners

Chinese Crypto Mining Crackdown Turns Focus to PC Rooms and ‘Home Miners’

Source: AdobeStock / littlewolf1989 Having effectively eliminated its industrial crypto mining sector, China is now going after the small fry: internet café and PC gaming room operators – and even…

chinas crackdown could expand central bank eyes the metaverse

China’s Crackdown Could Expand: Central Bank Eyes The Metaverse

Gou Wenjun, director of the Anti-Money Laundering (AML) unit at the People’s Bank of China(PBoC), recently suggested that the already harsh Chinese crackdown on crypto could expand to the metaverse…

bitcoin mining stocks beat btc two to one in 2021 roi

Bitcoin Mining Stocks Beat BTC Two-To-One in 2021 ROI

Believe it or not, in 2021, Bitcoin mining stocks have outperformed the king of cryptocurrencies. This crowns the phenomenal year the whole Bitcoin industry has had. However, consider Arcane Research’s…

sbi boss says that china is leading the cbdc race ahead of the usa and europe

SBI Boss Says that China Is Leading the CBDC Race – Ahead of the USA and Europe

SBI’s chief executive Yoshitaka Kitao. Source: ripple.comThe CEO of the Japanese financial heavyweight and crypto player SBI Holdings Yoshitaka Kitao has spoken out about central bank digital currencies (CBDCs) – and…

crypto crime still rising in china despite crackdown warn authorities

Crypto Crime Still Rising in China Despite Crackdown, Warn Authorities

Source: AdobeStock/FotokonReports from Chinese provincial law enforcement agencies appear to show that crypto crime is still on the up – despite a nationwide crackdown on crypto and mining exacted in…

top chinese official booted out for supporting crypto mining activities

Top Chinese Official Booted out For ‘Supporting Crypto Mining Activities’

Source: AdobeStock/Mirko A top Chinese regional official has been expelled from the Chinese Communist Party – and may face heavy punishment for allegedly “supporting” crypto mining in exchange for bribes…

chinese still dabbling in cryptocurrency as japan authorities uncover 237m secret real estate investment

Chinese still dabbling in cryptocurrency as Japan authorities uncover $237M secret real-estate investment

Tax officials in Tokyo busted a $237 million cryptocurrency deal that led to the acquisition of secret Japanese real estate by Chinese investors. The three-year conspiracy was orchestrated by three…

chinese blockchain project bsn launches new portal in turkey and uzbekistan

Chinese Blockchain Project BSN Launches New Portal in Turkey and Uzbekistan

China’s Blockchain-based Service Network (BSN) has continued to expand its horizon despite the country’s strict regulation. The blockchain project has announced the expansion of its portals to Turkey and Uzbekistan….

more than 20 chinese crypto companies to leave the country following the local ban

More Than 20 Chinese Crypto Companies to Leave The Country Following The Local Ban

Over 20 Chinese digital asset-related businesses revealed they will halt their operations and withdraw from the local market as the country continues its hostile stance on anything crypto. The Effect…