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Category Archives: Regulation

China Warns Market Hype of CBDC as the Faker Runs Rampant

Nov 19, 2019

Vincent He

Recently, China’s central bank issued an announcement on the DCEP (China’s CBDC) again, pointing out that the trading of "DC / EP" or "DCEP" in the market is fake as the system is still in the process of research and testing. This is the second time China’s central bank ha...

A Chinese Major Bank is Testing its Digital Wallet

Oct 29, 2019

Vincent He

Chinese bitcoin FOMO appears to be on the rise as a major bank is reportedly testing its digital wallet. A screenshot spread in WeChat groups revealed that Industrial and Commercial Bank of China, one of the Chinese major bank is testing its digital wallet. The screenshot shows tha...