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China’s State-Owned ICBC Bank To Offer Digital Yuan’s Cash Withdrawals In Beijing

Chinese citizens can now convert the Digital Yuan into Cash through the Industrial and Commercial Bank of China (ICBC), which has become the first bank in China to allow such transactions. The state-owned bank launched a feature on Friday 18, in partnership with the Agricultural Bank of China that will allow users to withdraw their […] дальше »

2021-6-19 18:06


Beijing Probes into Bitcoin Mining; This Is ‘Normal Bureau Business’ Aimed at Energy Consumption

Beijing is conducting a check on data centers involved in cryptocurrency mining to understand their impact on energy consumption. The probe was directed by city authorities. The Beijing Municipal Bureau of Economy and Information Technology sent an “emergency notice” to the city’s data center operators earlier this week to report on if they are involved […] The post Beijing Probes into Bitcoin Mining; This Is ‘Normal Bureau Business’ Aimed at Energy Consumption first appeared on BitcoinExchangeGuide. дальше »

2021-5-1 20:10


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China Could Test Digital Yuan With Foreigners at 2022 Winter Olympics

A top executive of the People’s Bank of China (PBOC) revealed that it was planning to test its proposed digital yuan with foreigners at the upcoming 2022 Winter Olympics in Beijing.  International Trial for Digital Yuan According to CNBC on Sunday (April 18, 2021), Li Bo, deputy governor of the PBOC said that international visitorsRead More дальше »

2021-4-20 06:01


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China’s CBDC Could Be the Death Knell for Macau’s High Stakes Gambling Scene

Macau’s gambling industry already affected by the coronavirus could be in for another significant external stress in the form of China’s central bank digital currency (CBDC). The emergence of traceable digital yuan enforced by Beijing on the enclave may likely send shockwaves through the sector, forcing several high-rollers to take their money elsewhere. дальше »

2020-12-3 00:00


Huawei and Beijing Municipal Government Collaborate to a Build Blockchain-Governed Smart City

Huawei, the Chinese tech giant, has partnered with Beijing Municipal government to develop a blockchain-governed smart city to improve service delivery and data-sharing. This initiative comes as China intensifies its tokenomics dominance with the DC/EP set to be rolled out in major cities such as Beijing. дальше »

2020-8-26 20:20


Huawei Helps Beijing Build Blockchain Platform to Track People’s Data for Governance

Coinspeaker Huawei Helps Beijing Build Blockchain Platform to Track People’s Data for GovernanceThe new blockchain platform created through Huawei Cloud Blockchain will help Beijing improve its overall government services, track and monitor important information like real estate registrations, medical records, and much more. дальше »

2020-8-25 10:45