China

The total market cap of cryptocurrencies is down 13.4% in the last 7 days. It seems to remain bearish this week as well, with no signs of a trend reversal.

China's Central Bank Digital Currency (CBDC) digital yuan, or e-CNY, has won a certain victory after completing tests in major Chinese cities. But the next war is now being fought between digital payment giants WeChat and Alipay.

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.

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?

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.

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.

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.

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.

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.