95% of winners in China’s CBDC lottery spent digital yuan prizes
Some winners purchased additional digital yuan during the pilot. Go to Source Powered by WPeMatico
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Bitcoin mining’s future is green, and Russia has the best chance
Despite unclear crypto regulations in the country, Russia may become the leader in sustainable crypto mining. Go to Source Powered by WPeMatico
Top Chinese chemical firm uses blockchain to cut trade financing costs
Amid the pandemic, blockchain is alleviating the pressure in China’s petrochemical trade. Go to Source Powered by WPeMatico
‘No single digital currency will dominate the world’ Bank of Japan now says
Japan’s policymakers appear disconcerted by the advancement in China’s CBDC iniative. Go to Source Powered by WPeMatico
Starbucks and McDonald’s reportedly not testing China’s digital yuan
Starbucks and McDonald’s are reportedly not part of the 3,000 merchants piloting China’s CBDC. Go to Source Powered by WPeMatico
Japan must amend central bank laws to issue digital yen, says official
Japan is getting more serious about the digital yen. Go to Source Powered by WPeMatico
Senior Japanese official fears China being ‘first-mover’ in digital currency
China might gain control over global CBDC standards, a Japanese official warns. Go to Source Powered by WPeMatico
New Bitcoin addresses hit two-year high after China advertises crypto
Data shows 22,000 new entities created in a single day as one analyst suggests the added volume will translate to price gains. Go to Source Powered by WPeMatico
After Banning ICOs China’s Defi Ecosystem Grows Exponential This Year
The decentralized finance (defi) ecosystem has become a multi-billion dollar industry and quite a bit of the popularity is stemming from China. While a number of defi projects from the West like Uniswap, Compound, and Makerdao are popular in the country, China is also creating its own landscape of defi platforms and applications. At the … Read more
Emerging technologies can change the African financial landscape
The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa. Go to Source Powered by WPeMatico