People’s Bank of China Reveal National Digital Currency “Is Ready”

The People’s Bank of China, China’s central bank, recently made a claim that it has now got a “ready” digital currency. This comes as the People’s Bank of China has been working on a blockchain solution for multiple years. China’s central bank reveals that its digital currency is “ready” Specifically, the Deputy Director of the … Continue reading People’s Bank of China Reveal National Digital Currency “Is Ready”

Bank of China Releases Infographic Explaining Bitcoin’s Price Increase

The Bank of China has recently posted an infographic explaining Bitcoin. Even more interestingly, the infographic also includes an explanation to the price increases seen by Bitcoin. This comes as Bitcoin has recently dipped below the $10,000 line – but as observers are predictions huge future gains. Bank of China shares the “story of Bitcoin” … Continue reading Bank of China Releases Infographic Explaining Bitcoin’s Price Increase

EOS Still #1 in China’s Crypto Rankings, Bitcoin Rating Improves

China's new crypto rankings put EOS in #1 and Bitcoin in #12

China’s crypto rankings have been a contentious issue since they were first unveiled last year. With many questioning their legitimacy, the government-run ranking index has been met with widespread skepticism. Now, China has recently released the latest update of its cryptocurrency rankings. China’s crypto rankings have consistently favored EOS The Chinese rankings are supposedly based … Continue reading EOS Still #1 in China’s Crypto Rankings, Bitcoin Rating Improves

China Economic Planner Considers Ban on Cryptocurrency Mining

China Economic Planner Considers Ban on Cryptocurrency Mining

This Monday, China’s National Development and Reform Commission (NDRC) published a paper including undesirable economic activity that the Chinese government wants to see phased out. Perhaps most notably, Bitcoin mining is included among these activities. China is the largest crypto mining market in the world Furthermore, this comes as China is currently the largest market … Continue reading China Economic Planner Considers Ban on Cryptocurrency Mining