Search
Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says
14.10.2022
Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed. More than 5 million merchants now accept the digital yuan in 15 Chinese regions as Beijing continues to expand the pilot areas....
China floats idea of 'Asian yuan' to reduce reliance on US dollar
14.10.2022
The proposed distributed ledger technology-backed “Asian yuan” token would supposedly help reduce Asia’s dependence on the U.S. dollar for international business
China's CBDC Transactions Reach $14B as Uptake Slows: Report
13.10.2022
Transaction volume in e-CNY has only increased by 14% in 2022 from the end of last year compared to the 154% growth recorded in the last six months of 2021
China’s Central Bank Digital Yuan Transactions Surpass $14 Billion
13.10.2022
China's digital yuan has processed over 100 billion yuan (close to $14 billion) worth of transactions so far, becoming the most widely adopted central bank digital currency (CBDC) across the globe.
The e-CNY has recorded $13.9 billion worth of transactions as of August 31, the People’s Bank...
Bank of China: Digital yuan transactions volume crossed $14B mark
13.10.2022
The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong
Justin Sun 'Optimistic’ About Crypto’s Return to China, Addresses Huobi Acquisition
11.10.2022
Tron founder Justin Sun joined “First Mover,” to discuss his role on Huobi’s advisory board and why he’s hopeful the crypto exchange will make its way back to mainland China
Crypto News Summary: FTX V2 Announced, Transit Finance Hacker Returning Funds, Dapper Labs Restricts Russian Accounts
10.10.2022
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: Crypto News Summary: FTX V2 Announced, Transit Finance Hacker Returning Funds, Dapper Labs Restricts Russian Accounts
Ruble Surges Against Greenback, Ethiopian Birr Exchange Rate Gap Widens; Kiyosaki: The ‘End Is Here’ for Fake Money — Week in Review
2.10.2022
Rumors of expanding war, massive inflation destroying people’s purchasing power, and widespread volatility in the world of fiat currencies shaped the news this past week, with similarly dynamic developments in the world of cryptocurrency. Rich Dad Poor Dad author Robert Kiyosaki says...
Chinese Central Bank Says It Will Prioritize Stabilizing Currency After Yuan Plunges to 14-Year Low Versus USD
29.9.2022
Moments after the Chinese yuan’s onshore exchange rate versus the U.S. dollar slumped to 7.2458 per dollar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against the dollar, the yuan...
China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies
29.9.2022
The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were made as part of the pilot project with the participation of...
Settlements With China — Russia Plans Next Step for Digital Ruble
28.9.2022
Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to adopt the Russian digital currency in trade, which will allow the country to circumvent sanctions imposed over the Ukraine...
BIS marks CBDC pilot as 'successful' with $22M transacted
28.9.2022
Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part
California Governor Vetoes 'Premature' Crypto Bill, Russia to Use Digital Ruble w/ China by Next Year, a Debit Card Enables NFT Avatar Customization + More News
27.9.2022
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: California Governor Vetoes 'Premature' Crypto Bill, Russia to Use Digital Ruble w/ China by Next Year, a Debit Card Enables...
Why Russia’s Plans to Use Digital Ruble in Trade with China is Positive for all Crypto
27.9.2022
In the aftermath of its aggression against Ukraine, Russia is intensifying plans to use its central bank digital currency (CBDC), the digital ruble, in the country’s trade with China. The development could encourage other nations across the world to use CBDCs in mutual settlements with foreign...
Russia aims to use CBDC for international settlements with China: Report
27.9.2022
Russia is currently in the pilot phase of its CBDC development and is expected to complete the development by early next year
Nuclear and gas fastest growing energy sources for Bitcoin mining: Data
27.9.2022
Some governments can negatively impact Bitcoin's environmental footprint by banning BTC mining, according to new data from Cambridge
Nanjing University Sets Up One of the First Metaverse Majors in China
27.9.2022
Nanjing University in China has reportedly launched one of the first majors in the country dedicated to the study of metaverse-related knowledge. The university, located in eastern China, stated that this new push is directed to impart new metaverse-related courses that will help more students...
Binance Reportedly to Go (Back) Big in Japan, Kraken Rejects SEC, China Gets Metaverse Engineering Department + More News
26.9.2022
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: Binance Reportedly to Go (Back) Big in Japan, Kraken Rejects SEC, China Gets Metaverse Engineering Department + More News
China GPU prices drop to new lows after the Ethereum Merge
26.9.2022
The Nvidia GeForce RTX 3080’s price dropped from 8,000 yuan (1118 USD) to 5,000 yuan within 3 months according to a Chinese merchant
While the US Dollar Tramples the Euro, Pound and Yen, Russia’s Ruble Skyrockets Against the Greenback
25.9.2022
While the U.S. dollar has soared in value against a basket of worldwide fiat currencies, Russia’s ruble climbed 4.5% against the greenback this week. During the first week of September, Russia told the press China would pay for natural gas with rubles and yuan. Moreover, Switzerland’s...