Last week News.cn published photos of a CryptoYuan hardware wallet that does not require a smartphone. Despite rapid economic development, about 38% of China’s population still does not use smartphones. That is, about 680 million people will not be able to use government cryptocurrency functions that are available on smartphones.…
Posts published in “Cryptocurrency”
Chinese e-commerce giant JD.com has added support for the crypto yuan. Crypto yuan can be used to pay for a range of goods in the online store of the retail chain JD Digits. We will remind, earlier the authorities of Suzhou announced a lottery of 20 million crypto yuan (~…
Last week in the cryptocurrency market has become a test for the bulls. Market growth, which continued over the past few weeks, was called into question in the middle of the last reporting period. On the night of February 15-16, the cost of the “first cryptocurrency” fell below the $ 10,000 mark,…
Faced with the opportunities and the threat posed by the Facebook Libra cryptocurrency project, the central bank of China should reconsider the plan for creating a national digital currency (CryptoYuan), says the former head of the People’s Bank of China. According to the South China Morning Post, former People’s Bank…
The digital currency (CryptoYuan) of China will initially appear in Suzhou region for the government workers who will receive 50% of the payments in the new asset for the transport subsidies due to them. 4 state banks will be involved in the issue of CryptoYuan: Industrial and Commercial Bank of…
The concept of digital currency to rise quickly pulled the afternoon, as of this writing, Hublot shares, Huijin shares, the public should be interconnected, Heng Bank Financial and other daily limit, Julong shares, GRG, the Blue Division software and other daily limits. On the news, it was reported that in the afternoon of April 22, the Xiong’an New District…
Crypto-ruble can be a substitute for the ruble in blockchain space. The State Duma will adopt laws on cryptocurrency until the end of 2018 Crypto alternative to ruble A crypto-ruble may appear in Russia – a full-fledged analogue of the fiat ruble, its virtual copy. In order to secure the…
The Arbitration Court in China ruled that, despite the country’s Central Bank’s ban on trading in cryptocurrencies, Bitcoin must still be legally protected as citizen’s property. The Shenzhen Court published the details of the case through WeChat, stating its decision on a recent economic dispute concerning a business contract involving…
Brazil could soon have a new blockchain platform to ensure the authenticity of information exchanged between the country’s financial authorities. Brazil’s central bank, Banco Central do Brasil (BCB), announced Tuesday that it has built the platform in order to allow secure data sharing between itself and other domestic financial regulators,…
Estonia took a step again in its plan to arrange a nationwide crypto Estcoin after criticism from the President of the European Central Financial institution, Mario Draghi, and native banking overnment. The event was reported in Bloomberg. The managing director of the Estonian e-residency program, Kaspar Korjus, advisable the issuance…