Tag: Bank of China
China’s Digital Yuan (e-CNY) Hits $14 Billion in Transactions During Pilot Phase
China’s e-CNY hits nearly $14 billion in transactions during its pilot phase, highlighting rapid adoption and future plans for the digital currency.
China Dominates Blockchain Applications: A Tale of Innovation and Control
Explore China’s 84% share in global blockchain applications, patent stats, and the tension between innovation and control.
Hainan’s NFT Oversight and China’s Evolving Digital Yuan: A Dual Approach
Explore Hainan’s NFT oversight and the PBoC’s enhancements to the digital yuan, promoting growth while managing risks in China’s evolving digital landscape.
China’s Resilience in Bitcoin Mining: A Deep Dive into the Hash Rate Shifts
Discover how China has re-emerged as a Bitcoin mining powerhouse despite governmental bans. Insights on hash rate shifts and global mining dynamics.
Crypto at a Crossroads: Market Shakes as Major Players Fall and Regulations Loom
Explore the impact of major bank failures and regulatory proposals on the crypto landscape. Learn what it means for investors and the future of digital assets.
Bitcoin’s Roller Coaster Ride: Predictions and Perspectives from China, England, and El Salvador
Explore Bitcoin’s volatile journey as China warns of its demise while the UK’s Bank of England and El Salvador’s president see a glimmer of hope.
Sequoia Capital China Sets Record with $9 Billion Fundraising for Tech Startups
Sequoia Capital China is raising $9 billion for new tech funds, setting a record in VC investment despite market challenges.
Market Woes: China’s COVID, BlockFi’s Bankruptcy, and Cryptocurrency Chaos
Explore the impact of COVID-19 and BlockFi’s bankruptcy on global markets and cryptocurrency. Are we in for a financial roller coaster?
Understanding China’s CBDC: Balancing Anonymity and Financial Oversight
Explore China’s digital yuan and its approach to balancing anonymity with the need for financial oversight and crime prevention.
The Resilience of Chinese Crypto Traders: Thriving Despite Regulatory Challenges
Explore how Chinese crypto traders navigate bans, embrace decentralized exchanges, and increase traffic to platforms like Deribit and OKX.
