First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race
BoA researchers anticipate China’s digital yuan might make a dent in the greenback’s global hegemony.
China
China Police Said to Detain Crypto OTC Traders Amid Money Laundering Crackdown
Chinese police are stepping up efforts in cracking down on illegal economic activities, which now leads to crypto over-the-counter (OTC) traders being detained to assist investigations.
China Gets Its First Blockchain-Based Public Resource Bidding Platform
China’s Yunnan Province has developed the country’s first blockchain-based public resource bidding platform.
Ebang to Establish Crypto Exchange and Mining Farms After Going Public
The mining equipment firm, scheduled to go public via Nasdaq later today, is preparing for a massive expansion.
How Chainlink and Cosmos Fit Into China’s Grand Blockchain Initiative
Chainlink will help the state-backed Blockchain-Based Service Network with oracles, and Cosmos-powered Irisnet will assist with interoperability.
Telegram CEO Says Global Resistance to Tech Bans Is ‘Just Getting Started’
Telegram’s digital resistance in Russia will contribute to further anti-censorship efforts in countries like China and Iran, Pavel Durov says.
Digital Yuan’s Backend Development Complete, Says Chinese Official
A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency.
JD.com Subsidiary Rolling Out Privacy Tech From Blockchain Firm ARPA
JD Digits is teaming with blockchain-based privacy platform ARPA protect the financial data of major clients.
United States Sets New Record for P2P Bitcoin Trading
Peer-to-peer Bitcoin trading in the United States has surged to post its strongest weekly volume on record, with almost $29 million trading on Localbitcoins and Paxful.
Former Chinese Central Bank Exec Praises ‘Commercial Success’ of Bitcoin
Wu Xiaoling highlighted the benefits of the Bitcoin network and highlighted some of the weaknesses it faces nowadays.
