When Bitcoin was launched back in 2009, experts believed that it was launched to tackle the global financial crisis. The banking crisis was at the heart...
Central Bank Digital Currencies may take months to materialize in the US, the European Union, or Japan, however, the People’s Bank of China is eager to...
If 2019 was the year central banks dipped their toes into sovereign digital currencies, 2020 seems to be the year they go all in. People’s Bank...
After announcing its support for a state-backed digital asset back in August, China‘s proposed CBDC is edging closer to becoming a reality and becoming a part...
The latest edition of the China Blockchain Report outlined China’s blockchain vision and the PBoC’s race against Libra, the proposed stablecoin project from Facebook. The report...
Phase 1 of the digital yuan roll out was the imposition of capital limitations; it can be found here. China is beginning what could be the...
China‘s presence in the blockchain and digital asset ecosystem has never been more prominent. Not only has China conceded to the development of its own digital...
Since Chinese President Xi Jinping vocally announced his support for blockchain last month, regulatory bodies and financial institutions across the country have been spurred into action,...
China is rolling out the red carpet for their cryptocurrency. In what could be a classic case of “Find and Replace,” China is beginning phase 1...
China has been making headlines ever since it was revealed that the country is working on its digital currency, with China also accelerating its work on...