China

China Getting Closer to the Release of a Digital Yuan: Trials Extended
Jan 12, 2021 at 15:30
News
China Getting Closer to the Release of a Digital Yuan: Trials Extended
As many countries are competing to see who will be the first to launch an effective working central bank digital currency (CBDC), China seems to be in the lead of this game. The country has carried out several trials of its digital yuan in different parts of the country.
The USA Aims at Defeating China's Hegemony in Cryptocurrency Mining
Dec 11, 2020 at 14:58
News
The USA Aims at Defeating China's Hegemony in Cryptocurrency Mining
The United States mining pools are building their capacity to defeat China's hegemony in cryptocurrency mining.
Cryptocurrency Mining on the African Continent: Challenges and Opportunities
Dec 08, 2020 at 14:42
News
Cryptocurrency Mining on the African Continent: Challenges and Opportunities
It is more than 10 years since the first cryptocurrency appeared on earth. The emergence of crypto attracted varied reactions from the different countries of the world. Africa, the second-largest continent is especially lagging in crypto trading and mining. What challenges and opportunities lie on the way of crypto mining growth in Africa?
McDonald’s and Starbucks did not Partner with the Chinese Government to Test Digital Yuan
Oct 17, 2020 at 11:23
News
McDonald’s and Starbucks did not Partner with the Chinese Government to Test Digital Yuan
Global fast-food giants McDonald’s and Starbucks have never been included into the trials of digital yuan. None of the brands confirmed its participation in the testing program.
Coronavirus Speeding Up CBDC: G20 Designing a Framework
Oct 16, 2020 at 13:49
News
Coronavirus Speeding Up CBDC: G20 Designing a Framework
The forced digitizations of nearly all industries worldwide makes traditional players adjust and set standards for innovative solutions. Thus, the G20’s Financial Stability Board (FSB) is set for developing a framework for adopting CBDC.
Central Bank Digital Currency: The Good, the Bad, and the Ugly
Oct 13, 2020 at 13:55
News
Central Bank Digital Currency: The Good, the Bad, and the Ugly
Several countries, including the US and China, are working on their own digital currencies (Central Bank Digital Currency or CBDC). Is this about giving people more freedom over the payments or control over the financial flow? What is in it for the government and its citizens?
China Is Establishing an Internet Hospital to Minimize Physical Contacts
Oct 05, 2020 at 14:14
News
China Is Establishing an Internet Hospital to Minimize Physical Contacts
First internet hospital will be launched in China in early 2021. The institution is going to apply blockchain technology and provide internet medical service using WeChat app.
Digital Dollar Wallet to Each American: USA Plans to Launch its Digital Currency
Oct 02, 2020 at 13:29
News
Digital Dollar Wallet to Each American: USA Plans to Launch its Digital Currency
It seems the rumours about the launch of digital dollars have been confirmed. The US Federal Reserve has been making actual efforts to launch their Central Bank Digital Currency (CBDC).
People’s Bank of China: Digital Yuan Will Be a Form of Local Currency
Sep 15, 2020 at 13:00
News
People’s Bank of China: Digital Yuan Will Be a Form of Local Currency
When released, China’s Central Bank Digital Currency (CBDC) might replace fiat yuan in circulation. At least, that was what Fan Yifei, the Deputy Chairman of the People’s Bank of China (PBoC), stated in his article published at Financial News local outlet.
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