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“Russia and China are considering introducing a single currency”

News broke out that Russia, which is at war with Ukraine, is considering a single currency with China. According to a report...

Will EU give in to the calls of a crypto ban like China

Governor Matolcsy of the Central Bank of Hungary has expressed support for the idea of a crypto ban in the EU. He noted in...

China: CBDC makes a low key debut at Winter Olympics, two banks phase out cash

After eight years of guesses, discourse, and conflicting reports, China’s digital yuan CBDC made a rather low-key debut at the 2022 Beijing Winter Olympics...

Report: e-CNY app downloads skyrocket in China ahead of Winter Olympics

China’s e-CNY prototype, a centrally-backed digital currency, went live in select cities earlier this month. As the country is looking to officiate its CBDC during...

Is China e-CNY CBDC effectively competing with WeChat Pay and AliPay

China has become the frontrunner when it comes to the global CBDC race. China’s e-CNY is expected to witness a full-fledged launch by February...

New theory suggests China’s ban on Bitcoin was motivated by something else

Businesses in China have been losing revenue since the country’s policy decision to ban Bitcoin and other related operations. According to the latest reports,...

CBDC transactions worth 370 billion won were made in 22 institutions in 4 countries, mainly in China.

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China has made its move, the ball is now in America’s court

In the light of China declaring all crypto transactions illegal, both memes and FUD flew around the market. Meanwhile, experts and analysts shared their...

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