Beijing Targets Cryptocurrency Mining Operations in New Energy Conservation Plan
Beijing is ready to use a brand new coverage to strengthen the actions to foster power conservation in a number of features of town’s operations,...
China Pushes Digital Yuan for Wage Payments in Changshu
Changshu, a metropolis in China with greater than 1.5 million inhabitants, pays public staff’ wages with the Chinese central financial institution digital forex (CBDC), the...
Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide
In a court docket case linked to the now-defunct crypto trade Gatecoin, a Hong Kong choose has dominated that cryptocurrencies are “property” which is “capable...
Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner
China’s relationship with Saudi Arabia is rising because the nation’s Cabinet has agreed to affix the Shanghai Cooperation Organization (SCO). The diplomatic transfer made by...
China Censors Crypto-Themed Short Videos Shared Online
An trade group managed by the Chinese authorities has up to date an inventory of matters customers of video-sharing apps ought to keep away from....
Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s Crackdown
After China has reigned for a number of consecutive years as the dominant bitcoin mining epicenter of the world, the United States has “taken the...
Iran Raises Alarm Over Potential Influx of Miners From China
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has...
University of Cambridge Bitcoin Mining Map Shows China’s Hashrate Dropped to 46%
After the researchers from the Cambridge Bitcoin Electricity Consumption Index (CBECI) project said that the website’s “Bitcoin Mining Map” had not been updated since April...
China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report Reveals
China, which has arguably the most advanced digital currency project among leading nations, has so far handed out more than $40 million in red envelopes...
Beijing and Suzhou Railways Now Accept Digital Yuan Payments for Ride Fares
Beijing subway has officially launched a new program that allows passengers to pay for rides with the central bank digital currency (CBDC) also known as...