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Nalezeno "China": 5076

$1.1 Billion Crypto Ponzi: Masterminds of Wotoken Head to Prison in China

31.10.2020
A Chinese court has confirmed the sentencing of the masterminds behind the 7.7 billion yuan Chinese Ponzi scheme Wotoken, which had over 715,000 investors. Wotoken Scammers Sentenced to Prison The Intermediate People’s Court of Yancheng city, Jiangsu province, denied an appeal by four...

China Should Take Part in Creating Regulatory Framework for Digital Currency, Xi Says

31.10.2020
China's president said the nation should proactively participate in setting the international framework

The company that coined the term ‘hash rate’ is not concerned about its recent decline

30.10.2020
Bitcoin's hash rate is down on the year, though the price remains largely unaffected

New Huawei smartphone will feature a hardware wallet for digital yuan

30.10.2020
The Mate40 series will reportedly enable dual offline transactions and allow users to control anonymity

Chinese city seeks to power urban governance and more using blockchain tech

29.10.2020
30 new blockchain adoption applications will be considered as part of the city's two-year plan

Will they or won't they? Central banks eye each other's digital currency moves

29.10.2020
Canada's central bank recognizes that CBDCs are a necessarily international issue

Mempool Clog: Bitcoin Hashrate Drops 40%, Backlog Shows Over 100K Unconfirmed Transactions

29.10.2020
The Bitcoin network hashrate has dropped significantly over the last four days sliding from a high of 161 exahash per second (EH/s) to 90 EH/s on October 27. Today, the Bitcoin hashrate has improved a hair as the network’s security is currently hovering around 100 EH/s. However, the mempool...

Digital yuan will combat US 'dollarization' says former PBoC governor

29.10.2020
“We need to prevent dollarization — this is one of the major designing points of the Chinese DCEP,” said Zhou Xiaochuan

China’s Coronavirus Outbreak Prompts Blockchain Adoption for Charity

27.10.2020
China’s banking and digital payment giants are using blockchain technology to add transparency to charity organizations' donation distribution networks

BTC hash rate slumps amid seasonal miner migration in China

27.10.2020
Analysts are anticipating Bitcoin’s second-largest negative difficulty adjustment of the year following the end of Sichuan’s rainy season

Alibaba’s Jack Ma praises the disruptive nature of digital currencies

26.10.2020
The current conservative international financial system doesn't suit young people or young economies, says Ma

Central bank digital currencies have the power to upend global finance

26.10.2020
Central bank digital currencies will fundamentally change our conceptions of money and its uses

Bahamas strikes first with Sand Dollar amid US–China CBDC faceoff

26.10.2020
Fed Chairman Powell sees no urgency to develop a CBDC, but eventually, the world’s top central bank must act, say experts

Digital yuan will work with WeChat and Alipay, says bank exec

26.10.2020
Details regarding the digital yuan's characteristics are taking shape

China's central bank lays regulatory foundation for CBDC

24.10.2020
The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties

China Drafts Law to Legalize Digital Yuan, Outlawing Competitors

24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...