People’s Bank of China Announces Its Digital Currency is Ready
The central bank of China has announced that its digital currency can now be said to be ready. Speaking in a major event, the China forum as reported by local news site Shanghai Securities News on August 10, the deputy director of the people’s Bank of China (PBoC) Mu Changchun stated that over five years of rigorous research work has been put into creating a prototype that adopts the Blockchain architecture
China’s Central Bank Accelerates R&D of its Legal Digital Currency
People's Bank of China, the Central Bank of China made an announcement of the acceleration of the development of its legal digital currency.
US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth
The US Treasury Department officially designated China as a “currency manipulator” on Monday following the largest stock market losses the U.S has seen in 2019.
Weekly Market Snapshot - July 22, 2019
Here is what you need to know about the crypto market last week.
China Declares Bitcoin as Virtual Property with Monetary Value
China has taken a new step with an important legal precedent regarding Bitcoin in a property dispute case in Hangzhou. Read more about how this case affirmed the legal status of Bitcoin as a virtual property with protection under Chinese law.
China Ranked 1st in Number of Blockchain Projects
China Ranked 1st in Number of Blockchain Projects