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Crypto Reporter

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Home » China

Foreign visitors to China will be able to use the digital yuan without a local bank account

July 26, 2021 By Crypto Reporter

The Central Bank of China has published a whitepaper detailing the national digital currency and its technical data … [Read more...] about Foreign visitors to China will be able to use the digital yuan without a local bank account

China’s region tries to ban crypto mining farms

March 5, 2021 By Crypto Reporter

China’s Inner Mongolia region studies the initiative to limit high energy consumption activities, including crypto mining … [Read more...] about China’s region tries to ban crypto mining farms

China’s JD.com joins digital yuan testing

December 10, 2020 By Crypto Reporter

JD.com Inc. will become the first online retailer to add support for government-backed digital currency … [Read more...] about China’s JD.com joins digital yuan testing

China to launch the second digital yuan testing in Beijing

November 17, 2020 By Crypto Reporter

Chinese authorities expect the upcoming pilot project to become the biggest for new cryptocurrency and will resemble the earlier testing in Shenzhen … [Read more...] about China to launch the second digital yuan testing in Beijing

China could introduce a hardware wallet along its digital yuan

September 2, 2020 By Crypto Reporter

One of the country’s big-four state-owned commercial banks may provide an offline option for storing national cryptocurrency … [Read more...] about China could introduce a hardware wallet along its digital yuan

Over $50 billion moved from China via cryptocurrency in a year

August 26, 2020 By Crypto Reporter

Digital assets help Chinese citizens bypass capital control laws. Stablecoins, like Tether, are used most commonly. … [Read more...] about Over $50 billion moved from China via cryptocurrency in a year

Chinese miners control 65% of bitcoin network’s processing power

December 12, 2019 By Crypto Reporter

According to CoinShares research, China’s bitcoin miners now control almost two-thirds of the crypto-network’s hashrate,  which is a general measure of the processing power of the bitcoin network. … [Read more...] about Chinese miners control 65% of bitcoin network’s processing power

Chinese president calls for acceleration of development of blockchain technology

October 27, 2019 By Crypto Reporter

China’s President Xi Jinping said the country needs to “seize the opportunity” afforded by blockchain technology and aim at taking "the leading position in the emerging field of blockchain." … [Read more...] about Chinese president calls for acceleration of development of blockchain technology

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