China – DIGIT INFO

Beijing Presses Fast-Food Chain McDonald’s to Support Digital Yuan — China’s CBDC Expected to Launch in February

According to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to support the digital yuan before the Winter Olympics in China scheduled for February 2022. The report notes that China is also pushing companies like Visa and Nike to join in on the central bank digital currency (CBDC) rollout. Chinese Government Pushes […]

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China’s state planning agency calls for public opinion on Bitcoin mining ban

The move could signal plans by Chinese authorities to amend its previous negative stance on Bitcoin and cryptocurrency mining activities.

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Chinese e-commerce giant JD.com drops NFT series on its own blockchain

JD.com implements its own blockchain to issue free NFTs to attendees of its annual JD Discovery conference.

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BTC price is up 50% since China ‘selflessly’ banned Bitcoin mining

No amount of “FUD” can keep Bitcoin down, and China has once again given bulls a boost with its bans.

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Asian CBDC projects: What are they doing now?

Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar?

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Coingecko Publishes Q3 Crypto Report — BTC Outperformed Every Major Asset Class, Altcoins Decouple

On Thursday, the crypto asset aggregation portal Coingecko published the firm’s 2021 third-quarter report which shows a number of different findings. According to the study, for the most part, the crypto economy recovered from the market downturn in May as the top 30 market caps grew by 31% in Q3. The report shows that altcoins […]

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Russia considers new energy tariffs as Chinese crypto miners relocate

Russia’s Irkutsk region saw its energy consumption rates surge by 160% following China’s crackdown on crypto mining.

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Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s Crackdown

Geographic Distribution Data Shows US Takes the 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 leading position in bitcoin mining,” according to new data from Cambridge University. Data Shows US, Kazakhstan, Russian Federation Rule the Bitcoin Mining Roost In mid-July, researchers from the Cambridge Bitcoin […]

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