China

The World is Switching to Green Energy for Mining While China Bans it
Aug 26, 2021 at 10:40
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The World is Switching to Green Energy for Mining While China Bans it
Energy consumption in mining cryptocurrencies is a problem for most countries in the world. Countries are looking for energy efficient ways to produce cryptocurrency. However, some of them are doing the opposite and cracking down on miners of digital currencies.
Could the Rise of Central Bank Digital Currencies Topple the US Dollar Supremacy?
Aug 18, 2021 at 11:04
News
Could the Rise of Central Bank Digital Currencies Topple the US Dollar Supremacy?
More than 60% of the world's Central Banks are now pursuing Central Bank Digital Currencies (CBDCs). Could this possibly challenge the autonomy of the US dollar?
The Top 5 Cryptocurrency-Friendly Politicians in 2021
Aug 09, 2021 at 11:38
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The Top 5 Cryptocurrency-Friendly Politicians in 2021
If there were a Crypto Republic, these heads of state would potentially be its leaders. From adopting cryptocurrencies as their respective country's currency to passing crypto-friendly regulations, they are the true unsung heroes of the crypto revolution.
Stragglers Are the Fastest Runners: Ghana is Piloting CBDC in October 2021
Aug 04, 2021 at 12:27
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Stragglers Are the Fastest Runners: Ghana is Piloting CBDC in October 2021
Countries that have just started participating in the development of Central Bank Digital Currencies (CBDCs) are doing pretty well. Ghana is now launching its digital cedi in two months. In contrast, China started launching its digital yuan back in March 2018 and has yet to succeed.
New Milestone of Blockchain Charity: LEC Donated USD$10,000 to Germany & China Flooding, All On Chain
Aug 03, 2021 at 12:28
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New Milestone of Blockchain Charity: LEC Donated USD$10,000 to Germany & China Flooding, All On Chain
Love Earth Coin (LEC) fulfilled the 1st charity fund raising engagement all on chain! The 1st time in blockchain history! USD$10,000 has sent to German and Chinese Red Cross for urgent aid of flooding.
The US Congress is Split Over the Digital Dollar: A Plus for China's Leadership in the CBDC
Aug 02, 2021 at 12:29
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The US Congress is Split Over the Digital Dollar: A Plus for China's Leadership in the CBDC
As America tries to catch up in the development of the digital dollar, several obstacles still stand in its way. Congress remains divided on the issue, giving China even more of a chance to win.
LEC Initiates Urgent Donation Vote for Floods in China and Germany
Jul 29, 2021 at 12:30
News
LEC Initiates Urgent Donation Vote for Floods in China and Germany
The world's 1st decentralized charity fund "Love Earth Coin (LEC)", with its DAO (Decentralized Autonomous Organization) has initiated an emergency donation vote for the floods in China and Germany.
Kazakhstan Welcomes Cryptocurrency Miners, While China is Losing Millions
Jul 22, 2021 at 12:17
News
Kazakhstan Welcomes Cryptocurrency Miners, While China is Losing Millions
As the saying goes "one man's trash is another man's treasure", China has kicked out 90% of Bitcoin miners, but the rest of the world seems to be benefiting from the move. Kazakhstan is now reaping the benefits of crypto miners fleeing China, while Beijing continues to lose revenue and vital technology.
60% of Central Banks are Exploring CBDCs: The European Central Bank has Reached the 'Investigation' Stage
Jul 16, 2021 at 10:02
News
60% of Central Banks are Exploring CBDCs: The European Central Bank has Reached the 'Investigation' Stage
The European Central Bank has just announced that it has reached the investigative stage of its digital euro project. If successful, the European Union would be the largest economic bloc to implement a Central Bank Digital Currency (CBDC) project. The progress made by the European Central Bank is a step towards a "CBDC era".
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