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The new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch. Its use and integration with other apps have contributed to an increase of digital yuan payments, media reports unveil. Wallet Launch Boosts Digital Yuan Ahead of Lunar New Year and … Read more
ETH’s futures markets are slightly bearish, but options traders appear to be interpreting the rally to $3,200 as a bottoming signal. Go to Source Powered by WPeMatico
The pilot version of China’s official digital yuan wallet app has become the most downloaded app in local mobile app stores. Go to Source Powered by WPeMatico
Measures imposed by authorities to quell mass protests in mining hotspot Kazakhstan are affecting cryptocurrency markets and the Bitcoin network hashrate. To deal with the civil unrest caused by rising fuel prices and a worsening economy, the government restricted access to the internet and closed down local banks. Fears are rising that the turmoil may … Read more
China’s crackdown on crypto mining has allowed Kazakhstan to quickly fill the void by offering cheap fuel and a welcoming business environment. Go to Source Powered by WPeMatico
Following a recommendation from the Technical Committee on “Emergency Measures for Energy Supply,” Kosovo’s minister of Economy has decided to ban crypto mining. Go to Source Powered by WPeMatico
The “e-CNY (Pilot Version)” app was made available for download on the Chinese Android and Apple app stores on Tuesday. Go to Source Powered by WPeMatico
Exchanges deplatforming Chinese citizens prior to the Dec. 31 deadline may have added to BTC selling pressure. Go to Source Powered by WPeMatico
The government of Mexico announced that the country’s central bank will issue its own digital currency. The statement of the official account of the presidency of Mexico informed that the development should be ready towards 2024, and remarked about the importance the technology has for the future of the financial structure of the country. Banxico … Read more
Shanghai’s five-year plan calls for the use of metaverse in public services, business offices, entertainment and industrial manufacturing, among others. Go to Source Powered by WPeMatico