News

China Crypto Insider Releases More Details About PBOC’s Digital Yuan Project

Yesterday, the crypto community was shocked when local reports suggested that the Agricultural Bank of China — one of the nation’s biggest commercial banks, which is coincidentally...

Nick Chong | 3 months ago
Coronavirus Stalls China's Progress with Central Bank Digital Currency
News

Coronavirus Stalls China’s Progress with Central Bank Digital Currency

The coronavirus outbreak is reportedly delaying progress on China’s central bank digital currency (CBDC) project. However, officials say Beijing is keen to see the pilot test happen...

Osato Avan-Nomayo | 5 months ago
PBoC bitcoin
News

China Central Bank Injects Entire Bitcoin Market Cap Into its Economy

There is no denying that the economies of the world are slowing down. In order to prevent a complete collapse, central banks are flooding their markets with more money, and China has...

Martin Young | 5 months ago
Doubts Surface Over China Central Bank Currency Plan
Bitcoin

Doubts Surface Over China Central Bank Currency Plan

People’s Bank of China may be ready with the top-level rules for its hypothetical state-backed digital asset, but doubts are still surfacing over the project’s wider...

Christine Vasileva | 6 months ago
bitcoin adoption financial crisis
Bitcoin

How Bitcoin Solves Global Central Bank Monetary Madness

The pressure is mounting on the major economies of the world. This can be clearly evidenced by observing central bank monetary policy over recent years in various countries. Bitcoin...

Martin Young | 6 months ago
china central bank crypto
News

PBoC to Test Crypto Yuan with Telecom Firms, Commercial Banks

People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to create...

Christine Vasileva | 7 months ago
crypto yuan china
News

Will China’s Crypto Yuan be Used for Retail Payments or Mass Surveillance?

China’s blockchain drive has been about one thing: getting its people used to a state-backed crypto asset. The People’s Republic is determined to get its crypto yuan out as soon as...

Martin Young | 8 months ago
crypto china cashless
Op-Ed

Could China’s War on Cash Herald a New Global Crypto Revolution?

There are no mixed signals with regards to blockchain and crypto coming from China at the moment. The People’s Republic is full steam ahead on distributed ledger technology as it...

Martin Young | 8 months ago
china crypto anonymity
News

Anonymity in China’s Crypto Yuan is Bad News for US Lawmakers

While the US drags its regulatory feet and gets bamboozled by bureaucracy, China forges ahead and could launch its own digital currency within a few months. Crypto Yuan Nearing...

Martin Young | 8 months ago
libra better in IMF custody
News

Ex-PBoC Boss: Facebook’s Libra Will Work Better if it’s in IMF Custody

A former head of China’s central bank has come out to say that Facebook’s Libra would be better served under the control of the International Monetary Fund (IMF). Facebook’s...

Osato Avan-Nomayo | 8 months ago
china yuan cryptocurrency
News

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 are three things to know about the proposed...

Osato Avan-Nomayo | 10 months ago
bitcoin boom us china trade war
Bitcoin News

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. Gold appears to be the asset of choice for...

Martin Young | 10 months ago