Three Things To Know About China’s Digital Yuan (Not a Cryptocurrency)
China’s central bank is reportedly making strides towards launching a digital currency (not a cryptocurrency) tied to the yuan. Here ...
Tag: china
Chinese Police Raid Offices of ‘Well Known Crypto Project’
The police in China have carried out another raid on a cryptocurrency project, sealing up offices belonging to the GXChain ...
China Buying More Gold, Bitcoin Accumulation Inevitable?
As economic tensions escalate and the Trump administration continues with its war on trade, China has started stockpiling safe-haven assets. ...
Binance: China’s Digital RMB To Operate As ‘Two-Tier System’
A recent report from Binance Research has looked into the potential characteristics that can be expected for the proposed digital ...
China’s State-Backed Cryptocurrency: ‘Gaining Momentum’ Or ‘Inaccurate Speculation’?
China's Government and Central Bank just can't seem to align on the proposed central bank digital currency (CBDC). On Tuesday, ...
China May Release Libra Competitor Before Facebook Launches It, Report
Facebook’s Libra may be facing multiple threats from regulators, but the same critics are now racing to beat the social ...
How Bitcoin Demand is Driven by Central Banks Devaluing Their Currencies
The demand for bitcoin has certainly been tangible over the past few months. Even with a correction of around 30% ...
‘Bullish For Bitcoin’: China Bank Bailouts Spark ‘Biggest Credit Bubble In History’
Bitcoin could possible gain from economic uncertainty in China as one source describes the country’s third major bank bailout of ...
