Bank of England’s vision for the digital pound differs from China’s model
The BoE proposes involving the use of retail banks and private payment providers as the "interface" for the digital pound.
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The BoE proposes involving the use of retail banks and private payment providers as the "interface" for the digital pound.
Samuel Wan 3 min read
The hacker reportedly gained access to the Chinese Shanghai police database stealing over 26 terabytes of personal data.
Shenzhen, Guangzhou, and Xiong'an New Area are reportedly gifting citizens roughly 90 million digital yuan in red packets to citizens in a bid to restart the economy following Covid-19.
Move to earn pioneer has announced that they will stop providing services to users in China on July 15
China's state-sponsored Blockchain Services Network is due for international roll out this summer. But some express concerns that it could be a spyware tool.
CCAF claims a significant amount of underground mining activity leveraging off-grid electricity and scattered small-scale operations is responsible for the BTC mining resurgence in China.
The digital yuan continues its expansion in China, adding 11 more cities and regions, totaling 23 cities, to the list of pilot test areas. Most notably, trials will begin in Guangzhou where the Asian Games will be held later this year.
Chinese official had previously stated that the NFT space was dominated by hype and urged government to regulate the space.
Yamaoka expressed his belief that China could create a currency bloc with the rise of its digital Yuan.