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US Senators Seek to Forbid American Athletes From Receiving and Using Digital Yuan During Beijing Olympics

Three U.S. senators have urged the United States Olympic & Paralympic Committee to forbid American athletes from receiving or using digital yuan during the Beijing Olympics. Raising many concerns, including privacy, they warned, “Olympic athletes should be aware that the digital yuan may be used to surveil Chinese citizens and those visiting China on an […] дальше »

2021-7-22 16:30


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Analytics Firm: 200,000 Bitcoin is Currently Locked Within OKEx’s Wallets

News regarding the OKEx founder being arrested by the Chinese government has created some fear amongst crypto investors He holds the keys to the cryptocurrency that is locked within the platform, making it impossible for the exchange to conduct any withdraws while he is in police custody Although the bull case is that this could reduce the supply of BTC circulating on the market, it would also strike a heavy blow to investors who used […] дальше »

2020-10-17 02:00


Ex-China Central Bank Governor Talks About Upcoming Digital Yuan and Its Benefits

The current president of the Chinese Finance Association, Zhou Xiaochuan, has recently talked about the upcoming digital yuan. According to the economist, who has worked as the former head of the People’s Bank of China, the country’s central bank, China will continue on its path to create a digital yuan to be used for both […] дальше »

2019-11-27 00:51


Fintech Startup OPay Backed by Opera Gets $120M Investment to Expand Its Africa Operations

OPay, headquartered in Lagos, Nigeria has raised $120M from a horde of high-profile Chinese venture capitalists as part of its series B round of financing. OPay was launched in 2018 by Opera, the web browser primarily focuses on creating digital compensation solutions that can be used to enhance financial inclusion. According to what the company’s […] дальше »

2019-11-18 19:16


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PBoC Appears to be ‘Neutral’ Regading the Underlying Technology of its Digital Currency

After statements from Chinese President Xi Jinping regarding the possible developments of blockchain technology in the nation, a representative of the People Bank of China stated instead that the institution is neutral with respect to the underlying technology that will be used to develop the digital currency. дальше »

2019-11-11 14:00


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Bitcoin Is Approaching the Optimal Buy Zone, According To Analyst

The sudden popularity regarding blockchain technology in China is exciting. However, these positive stories aren’t having the expected effect on Bitcoin’s price. For example, the China Merchants Bank has recently announced that it has made an investment in the crypto wallet BitPie, arguably one of the most popular wallets used by Chinese investors. дальше »

2019-10-31 04:27


China’s SAFE Regulator: Libra Could Be Used For Mischievous Cross-Border Payments

A senior Chinese regulator, Sun Tianqi recently spoke about the Facebook’s Libra project. According to the Chief Accountant of China’s State Administration of Foreign Exchange, Libra needs to abide by the same kind of law that other foreign currencies do or it will be banned from the country. According to Sun, countries that asses Libra […] дальше »

2019-10-29 01:44


Hodl Hodl Finds a Way to Breach China’s Google Firewall to Enable Peer-to-Peer Bitcoin Trading

Hodl Hodl, a P2P Bitcoin (BTC) exchange company, has recently published a new blog post explaining that it devised an extension that can be used by Chinese users. The goal is to bypass the country’s firewall, this way, Chinese users will be able to use the company’s services. The reason why the service was not […] дальше »

2019-8-28 00:34


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Case for Privacy Coins Amplified by Hong Kong Protests

The Hong Kong protests have millions of individuals rallying against the government’s efforts to pass the Fugitive Offenders Extradition bill. In an article by Forbes, August 11, 2019, it was revealed that the central government used Chinese servers to launch a denial of service attack on Telegram to apprehend those who were organizing protests viaRead MoreRead More. дальше »

2019-8-12 17:00