China

US Gains from Cryptocurrency Market are 3 Times Ahead of China
Jun 09, 2021 at 14:19
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US Gains from Cryptocurrency Market are 3 Times Ahead of China
The rivalry between the United States of America (USA) and China has a long history. During the previous couple of years, they have been competing in practically every industry including blockchain and cryptocurrency.
Chinese Social Media Ban Cryptocurrency Bloggers: Is it a War Against the Community?
Jun 08, 2021 at 12:49
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Chinese Social Media Ban Cryptocurrency Bloggers: Is it a War Against the Community?
China seems to have started a real war against the cryptocurrency community. Shortly after banning crypto mining and trading, the government forces one of the country’s biggest social media platforms to ban fintech bloggers.
China is Planning to Issue a Central Bank Digital Currency to Strengthen Surveillance Over its Citizens
May 30, 2021 at 10:01
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China is Planning to Issue a Central Bank Digital Currency to Strengthen Surveillance Over its Citizens
China is accelerating its pursuit of a digital yuan that is anticipated to be finally rolled out before the end of 2021. One of the reasons to issue its own central bank digital currency (CBDC) is to keep a close eye on and control the transactions of the citizens.
Mobile Money will Dominate Transactions by 2025; the Progress is Unstoppable
May 22, 2021 at 10:10
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Mobile Money will Dominate Transactions by 2025; the Progress is Unstoppable
Mobile payments adoption is growing worldwide. Owing to global digitization, the share of mobile payments in transactions is expected to reach 89% by 2025.
Province of China Hunts Down Cryptocurrency Mining Activities Following Overall Ban
May 21, 2021 at 08:46
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Province of China Hunts Down Cryptocurrency Mining Activities Following Overall Ban
The Inner Mongolia government has launched a platform that will be used by the general public to report any activity or operation related to cryptocurrency mining within the Mongolic autonomous region of the People's Republic of China.
China’s Ban on Cryptocurrency Forced Bitcoin to Touch $30k
May 20, 2021 at 15:00
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China’s Ban on Cryptocurrency Forced Bitcoin to Touch $30k
The restriction imposed on cryptocurrency services providers by China has made the entire digital currency market hit a snag. The price of Bitcoin, the largest crypto asset by market cap, has plummeted to touch the $30,000 level, a price that it last traded on Jan 02, 2021 (almost 6 months ago).
8 of the Top 10 Largest Public Companies Deal with Blockchain: China Leading Again
May 20, 2021 at 09:21
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8 of the Top 10 Largest Public Companies Deal with Blockchain: China Leading Again
Decentralized technologies including blockchain, artificial intelligence (AI), internet of things (IoT) are getting more and more popular. They bring lots of profits for businesses. That is why 8 of the top 10 largest publicly traded companies in the world are dealing with blockchain technology.
China Eyes February 2022 Beijing Olympics for Digital Yuan Launch but Is It Still Viable Amidst COVD-19 and Rising anti-China Movements?
May 03, 2021 at 15:03
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China Eyes February 2022 Beijing Olympics for Digital Yuan Launch but Is It Still Viable Amidst COVD-19 and Rising anti-China Movements?
Since the outbreak of the coronavirus in its central city of Wuhan, China became a target of blame by the world. While Beijing hosts the 2022 Winter Olympic Games next February, it is doubted that many will visit the Asian country. This puts the plan to present the digital yuan to the world at stake.
China is Leading the Wealth: 5 out of the World’s Top 10 Cryptocurrency Billionaires Originate from the Country
Apr 14, 2021 at 14:12
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China is Leading the Wealth: 5 out of the World’s Top 10 Cryptocurrency Billionaires Originate from the Country
The Chinese crypto community seems to flourish, as judged by the number of billionaires that are the country’s natives. Indeed, half of the top 10 richest crypto owners originate from the Communist Republic.
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