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Tag Archives: Chainalysis

Digital Yuan for Immediate Domestic Use, Cross-Border Later

Oct 18, 2021

Olusegun Ogundeji

The People’s Bank of China (PBoC) Governor Yi Gang has confirmed on Sunday Oct 17 that the digital yuan’s focus is on domestic and retail use for now. At an online meeting of the Group of 30 International Banking Seminar, Yi Gang reportedly said that cross-border and intern...

China Among Leading Nations for DeFi – Chainalysis Report

Aug 25, 2021

Olusegun Ogundeji

China is among the top four of countries ranking highest in grassroots decentralized finance (or DeFi) adoption, according to Chainalysis’ 2021 Global DeFi Adoption Index Top 20 released on Tuesday August 24.  The report, the first of the geographic index ranking countries by DeF...

Beijing’s Influence Set to Grow With Digital Yuan Rollout

Aug 10, 2021

Olusegun Ogundeji

Amidst talks touting the yuan’s growing strength, Ulisse Dell'Orto of blockchain data platform, Chainalysis, has said that China’s development of the digital yuan (e-CNY) is set to expand Beijing’s global influence. Dell'Orto told CNBC that China is actually turning legal tend...

East Asia, China Crucial to Global Cryptocurrency Economy

Aug 21, 2020

Olusegun Ogundeji

Despite a dwindling share of global cryptocurrency activity over the last 12 months, East Asia - led by China - remains the world’s largest cryptocurrency market by transaction volume, a latest Chainalysis preview of its Geography of Cryptocurrency Report has hinted. The research firm also...

Darknet Markets Can’t Live With — or Without — Bitcoin

Oct 29, 2019

Bitcoin Magazine

Earlier this month, the United States Department of Justice (DOJ) announced the seizure and takedown of Welcome to Video (WTV), one of the largest darknet marketplaces for child pornography in the world. The website was accessed through Tor Hidden services (.onion) and transacted a t...