Beijing, Shanghai to Join Wider Testing of Digital Yuan in 2021

by Daniel Palmer | Jan 24, 2021 | china, Coinflash, Digital Yuan, News, Policy & regulation, Tech

The wider effort to promote the digital currency precedes a launch in the "near future," per a state media report.

Is Bitcoin a waste of energy? Pros and cons about Bitcoin mining

by Cointelegraph By Tatiana Revoredon | Jan 24, 2021 | Bitcoin Mining, china, Cryptocurrencies, Electricity, Energy, energy consumption, Greenergy, Mining

Do the benefits brought by Bitcoin and the improvement in our standard of living justify this additional use of...

Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22

by Cointelegraph By Kollen Post | Jan 22, 2021 | Bank of Russia, Banking, CBDC, Central Bank, china, JPMorgan, Russia, Stablecoin

Retail users may have to wait in much of the world,...

At Least One Key Huobi Executive Is In Custody in China: Sources

by David Pan | Jan 22, 2021 | china, Exchanges, global, Huobi, OTC, Policy & regulation

The Chinese police appear to have intensified their crackdown on crypto exchanges’ OTC trading services in the last year.

Alleged ‘ghost’ Bitcoin mining firm traded on Nasdaq faces class action lawsuit

by Cointelegraph By Greg Thomsonn | Jan 22, 2021 | Bitcoin Mining, china, Mining, nasdaq

Investors are suing a Bitcoin mining company for allegedly fabricating the existence of BTC mining farms in China, and reportedly misleading the...

While China’s CBDC sets the pace, the yuan stumbles in usage abroad

by Cointelegraph By Kollen Post | Jan 21, 2021 | CBDC, china, Hong Kong, People's Bank of China, SWIFT, United States

The past two years were much harder on the dollar,...