Man Faces Life Sentence After China Accuses Him of Running Secret Crypto Mining Activities, Bribery: Report
A Chinese language man will reportedly spend the remainder of his life in jail after being caught hiding illicit crypto ...
Tag: China
China Proposes Its Social Credit System to Regulate the Metaverse
In line with some specialists, the concept of offering every particular person with a digital ID that additionally accommodates their ...
China proposes to bring its social credit system to the metaverse: Report
China is reportedly trying to implement a system akin to its social credit score system within the metaverse and different ...
Binance Processed $90,000,000,000 Worth of Trading Volume in China in May, Despite Country’s Crypto Ban: Report
China reportedly stays a profitable marketplace for the crypto trade Binance though the nation made buying and selling digital belongings ...
Binance denies reports of $90 billion in crypto trades in China
Binance has reportedly continued operations in China, regardless of the nation’s ban on cryptocurrencies, even conducting billions of {dollars} price ...
Bank of China Launches Offline Payment Trial for Digital Yuan
For now, the e-CNY app has a restrict of 500 yuan ($77) per transaction and 10,000 yuan ($1,540) per day ...
Circle CEO Advocates for Yuan-Backed Stablecoins Instead of CBDC in China
China has been on the forefront of CBDC improvement, with ongoing trials and pilot applications for the digital yuan. Jeremy ...
China could benefit from yuan stablecoin over its CBDC — Circle CEO
Though China has closed its doorways to decentralized cryptocurrencies, Circle CEO Jeremy Allaire believes that stablecoins may play a job ...
Central Bank of China Appoints Anti-Bitcoin Governor As Top Communist Party Official: Report
China’s Communist Social gathering has reportedly appointed a Bitcoin (BTC) skeptic because the central financial institution’s social gathering secretary, placing ...
Brian Armstrong Issues Warning on China, Says US Putting National Security at Risk With Anti-Crypto Climate
Coinbase chief govt Brian Armstrong thinks the US regulatory method to crypto will weaken the nation’s “nationwide safety posture.” In ...