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Category Archives: Blockchain

Crypto User Index Shows Low DeFi Interest in China 

Jan 29, 2021

Olusegun Ogundeji

While decentralized finance (DeFi) is most popular in Southeast Asia where more than 50% of users use their decentralized applications (dApps), crypto users from China are least likely to use DeFi applications, findings from Binance’s 2021 Global Crypto User Index suggest. 54% of t...

China’s DCEP Digital Yuan Wraps Up Another Mass Test

Jan 25, 2021

Forkast.News

China concluded another mass retail test of its new digital yuan this week after distributing 100,000 e-CNY “red packets” worth US$3 million. The latest test in the tech metropolis of Shenzhen means China — aside from earlier trials involving large banks — has now tested out its ne...