Will Chinas electronic yuan unseat the united states dollar?
China’s Digital

Will Chinas electronic yuan unseat the united states dollar?

Regular CoinGeek readers will have already read some of our extensive coverage of the digital yuan. The People’s Bank of China (PBoC) has beaten every other economically powerful nation to the punch in developing a central bank digital currency (CBDC), and it looks like it’s positioning it to be a USD challenger. Right now, the e-CNY…

Why Chinas Ban Was A VERY IMPORTANT THING For Bitcoin In 2021
China’s Thing

Why Chinas Ban Was A VERY IMPORTANT THING For Bitcoin In 2021

When China’s bitcoin crackdown came into effect, many speculated that the industry would never recover. Amazingly, though, the ban served to highlight both the resilience of the sector and the entrepreneurial spirit of the miners who keep the wheels of the blockchain turning.Despite the People’s Bank of China (PBOC) deeming crypto-related activities illegal in September,…

Chinas digital yuan wallet launches on app shops for 11 select towns
China’s Digital

Chinas digital yuan wallet launches on app shops for 11 select towns

Home » Business » China’s digital yuan wallet launches on app stores for 11 select cities The People’s Bank of China (PBoC) is scaling its trial of the digital yuan as the official national rollout draws ever closer. It has now made the digital yuan wallet available on iOS and Android app stores, but only…

Chinas Bitcoin Ban MAY BE THE Unnoticed Geopolitical Event Of The Decade
Bitcoin China’s

Chinas Bitcoin Ban MAY BE THE Unnoticed Geopolitical Event Of The Decade

The political and economic sun has been rising in the East over the past century with China playing an increasingly important role in global geopolitics. Despite this trend, I have long been skeptical of China’s centralized and autocratic governance structure, and 2021 could be a monumental year, exposing the frailties of excessive control. If Bitcoin…

Chinas tax agency asks govt to impose digital currency taxes
agency China’s

Chinas tax agency asks govt to impose digital currency taxes

An official Chinese tax newspaper has called on the government to impose taxes on digital currencies, despite the recent show of hostility towards the industry by the government. The article, which was attributed to the state tax agency, further called for clarity regarding Bitcoin property declaration, liquidations, mergers and acquisitions, and more to avoid tax…

DeFi and DEX volumes soar amid China’s crypto ban and ongoing Us all regulation
China’s volumes

DeFi and DEX volumes soar amid China’s crypto ban and ongoing Us all regulation

Data shows that crypto holders are increasingly shifting to DeFi protocols and DEXs as China continues its cryptocurrency crackdown and fears of heavy-handed regulation scare US-based traders…

China’s crypto holdouts: Bitcoin nodes and OTC desks battle on
China’s Crypto

China’s crypto holdouts: Bitcoin nodes and OTC desks battle on

There are still a handful of Bitcoin nodes hanging on in China and OTC trading remains viable, but it may not be for long.

China’s Bitcoin “Ban” Creates AN ENORMOUS CHANCE OF The U.S.
Bitcoin China’s

China’s Bitcoin “Ban” Creates AN ENORMOUS CHANCE OF The U.S.

Publish date:Sep 28, 2021With China banning Bitcoin activity in its borders, Americans have a chance to shape the future — as long as regulators don’t stop them.With China banning Bitcoin activity in its borders, Americans have a chance to shape the future — as long as regulators don’t stop them.The below is a direct excerpt…

Chinas Inner Mongolia seizes 10,000 mining rigs from govt-owned tech recreation area
China’s Inner

Chinas Inner Mongolia seizes 10,000 mining rigs from govt-owned tech recreation area

Home » Tech » China’s Inner Mongolia seizes 10,000 mining rigs from gov’t-owned tech park One of the Chinese provinces that were previously block reward mining havens is ramping up its anti-mining stance, this time seizing over 10,000 mining rigs from a government-operated technology park. Authorities in Inner Mongolia busted the illicit mining operation which…

Chinas national grid to build up green energy blockchain trading platform
China’s National

Chinas national grid to build up green energy blockchain trading platform

Home » Tech » China’s national grid to develop green energy blockchain trading platform The State Grid Corporation of China is to develop a green energy trading platform powered by blockchain, in partnership with the country’s National Development and Reform Commission (NDRC). According to details emerging this week, the State Grid will create the platform which…