Forty of talented developers gathered last week on the beautiful island of Dong’ao, in Guangdong province, to attend the Bitcoin Association’s Bitcoin SV Bootcamp.
Li Bo, the deputy PBoC governor, said the apex bank is satisfied with the current digital currency regulations in China, but would seek to enforce even stricter rules for stablecoins.
Police in Yancheg city, Jiangsu province, have been investigating the operation since it came to their attention in October 2020, according to reports.
Macau’s Chief Executive Ho Iat Seng informed the Legislative Assembly of plans to “study the feasibility of issuing a digital currency.”
In its latest test, the PBoC has partnered with the Industrial and Commercial Bank of China’s Haikou branch and the Sansha city municipal government.
The plan, published by the General Office of the People's Government of Yunnan Province, outlines 10 areas that officials intend to support relating to blockchain development.
The move is being seen as a widening of the scope of trials of the digital currency, following successful regional pilots across the country.
The controllable anonymity will protect the central bank digital currency against criminal use and ensure the bank can track all payments the users make, according to a central bank official.
Zhongjia Bochuang announced plans to buy millions' worth of specialized ASIC mining machines from hardware manufacturer MicroBT.
500.com’s new fleet of mining machines include Antminer S17, from March 2019; Antminer S19, from 2020; and the Antminer S9, from 2016.