China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report Reveals

China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report RevealsChina, which has arguably the most advanced digital currency project among leading nations, has so far handed out more than $40 million in red envelopes with digital yuan. The promotional campaign for the CBDC is currently focused on five major cities, taking into account their regional development priorities. Beijing Gives Away 269 Million Yuan in […]

Go to Source

Powered by WPeMatico

Bitcoin Trading in Chinese Currency Drops Below 1% of World Total

Bitcoin Trading in Chinese Currency Drops Below 1% of World TotalBitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms.     Also read: Crypto Exchange Binance Expects up […]

The post Bitcoin Trading in Chinese Currency Drops Below 1% of World Total appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

BTCC to Launch New Exchange Platform in June

BTCC to Launch New Exchange Platform in JuneChinese crypto company BTCC has announced it will launch an upgraded exchange platform next month. Initially, users will be able to trade BCH, BTC, ETH, LTC, and USD, with other currencies to be added later. BTCC returns with enhanced liquidity, faster deposits and withdrawals, and zero trading fees for the first three months. Also read: […]

The post BTCC to Launch New Exchange Platform in June appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico