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02-24-2025
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China

China’s Tianjin province hikes electricity rates to root out miners
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19 October, 2022

China’s Tianjin province hikes electricity rates to root out miners

Tianjin is now the eighth province to hike the rates specifically targeting the miners, but they all insist it’s a...
China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally
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18 October, 2022

China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally

Amid privacy concerns, there has been a strong adoption of China's digital yuan, with transactions using the virtual currency exceeding...
Shenzhen leads China in terms of cross-border CBDC usage: report
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15 October, 2022

Shenzhen leads China in terms of cross-border CBDC usage: report

Shenzhen-based companies single-handedly accounted for $7.3 million in transaction volumes out of the $22 million made by the four participating...
Russia eyes use of digital ruble in transacting with China
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4 October, 2022

Russia eyes use of digital ruble in transacting with China

As the U.S. fortifies its grip on the global financial system, Russia targets to give sanctions-hit countries an opportunity to...
Bank for International Settlement wraps up mBridge cross-border CBDC pilot
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2 October, 2022

Bank for International Settlement wraps up mBridge cross-border CBDC pilot

A month-long CBDC pilot program involving Hong Kong, Thailand, China, and the United Arab Emirates ends with millions in cross-border...
China’s Gansu province warns against BTC mining in national data centers
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1 October, 2022

China’s Gansu province warns against BTC mining in national data centers

The province has been cracking down on block reward miners for the past year and issued the warning amid mega...
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