china

462 Articles 5 Followers


China’s CBDC Can Be Called a Success

19 Oct 2020 1 minute read 4 comments author_nan $3.73

According to a report published on October 19, China’s CBDC lottery has seen near total usage as of October 18, as its central bank digital currency (CBDC) program begins to look increasingly successful. China airdropped a total of $1.5 million wort...

China's Central Bank Issues 10 Million Yuan of Digital Currency in Shenzhen

17 Oct 2020 1 minute read 1 comment AverageVancouverite $1.06

In a move to trial the new Digital Currency Electronic Payment (DCEP), a digital version of the official Chinese yuan, the People's Bank of China issued 10 million yuan (Equivalent to about 1.5 million United States dollars) to 50,000 people in the S...

OKEx Suspends Withdrawals Following Investigation by Authorities

16 Oct 2020 1 minute read 16 comments author_nan $13.76

OKEx has suspended withdrawals indefinitely on its platform, following reports of investigation by authorities on October 16. Local media outlets report that a company official has been arrested by the police and that he or she is cooperating with t...

CBDC: The Government Of China’s New Digital Currency

14 Oct 2020 5 minute read 2 comments MintDice.com $10.88

In August 2020, the People’s Republic of China released an app provided by ABChina for its countrywide digital currency, CBDC (Central Bank Digital Currency). In the months since, the currency has already been used for 1.1 billion yuan worth of trans...

IRISnet Monthly Update

13 Oct 2020 8 minute read 0 comments Cosmos Network Family and Friends $0.08

2020.09 — Community & Technical Recap   Dear Community, Welcome to our Monthly Update!September has passed with the same sense of expectation that usually grabs me when I wait for Christmas Day (which, if you’re wondering, is by far my f...

China 'Airdrops' $1.5M in Digital Yuan to Its Citizens

13 Oct 2020 1 minute read 0 comments author_nan $3.03

China’s state-run bank, the People’s Bank of China, has airdropped $1.5 million worth of Digital Yuan to its citizens in a large scale lottery that was organized in the first week of October. 50,000 citizens, selected at random, were each given 200...

The United States Is Losing The “Tech Cold War” With China, Chris Larsen Warns

7 Oct 2020 1 minute read 0 comments CryptoBrowser $0.27

Ripple`s Ex-CEO Believes That Ripple May Have To Leave The US Due To Regulations The two most powerful economies, China and the US have been fighting for over two years in a so-called “tech cold war”. Ripple’s co-founder and ex-CEO Chris Larsen warn...

Saudi Arabia Wants Oil At $50; China Model Investor Advantage

5 Oct 2020 3 minute read 0 comments IRUUR1 $0.05

NWON - This is an article, updating our reporting on the insider investor split within the worlds central banks. Outlier Nations: US, Taiwan – Investor war on China UPDATE Oil, China Model and the Outlier, Insider, Investor Split T...

Hope for Clean Crypto Mining?!

5 Oct 2020 2 minute read 0 comments Cje95 $0.31

Last week I read an article that stated that 76% of "hashers" used renewable energy for some of there energy usage. At first, I was pumped however I quickly began to realize that the article might not have been as forthcoming as it should have been....

If China is financially 'Decoupled' - It could be a blockbuster Bitcoin and Altcoin harvest

1 Oct 2020 2 minute read 0 comments XTRM™ $0.76

1st of October 2020 has seen a largely unexciting Cryptocurrency day in my honest opinion - so I was fascinated when I heard about a completely mental story from The Wall Street Journal via a connection on YouTube. The article in reference is headlin...