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Tag Archives: DCEP

China Crypto Roundup (Aug 24- Aug 31): China Opened CBDC Wallet Registration, Blockchain Being A Keyword of AntGroup’s Prospectus, China’s Inner Mongolia Tightens Policy on Crypto Mining

Aug 31, 2020

Vincent He

In this past week, China’s CBDC was seen a step closer to real use case as China Construction Bank opened digital yuan wallet registration in last Saturday, blockchain being a keyword of Alibaba's AntGroup prospectus, regulators in China’s Inner Mongolia stop preferential electrici...

China Crypto Roundup (Aug 17- Aug 24): China’s Digital Yuan Tested in Petty Payment, Bitcoin’s Hashrate Takes a Massive Hit After Heavy Floods in Sichuan, More Companies Turn to DCEP

Aug 24, 2020

Vincent He

The top stories from the Chinese cryptocurrency sphere this past week includes: China’s digital yuan will be piloted in more cities across the country; China’s Digital Yuan to Test in Petty Payment First; heavy rainfall in China’s Sichuan province forced many mining farms in the reg...

China’s Digital Yuan to Test in Petty Payment First

Aug 19, 2020

Vincent He

A director of the technical department of a bank in China’s Suzhou revealed that the current digital currency application in Shenzhen and Suzhou is mainly concentrated in small-scale scenarios such as retailing, public transportation card recharge, catering. The application scenarios for C...

China Crypto Roundup (Aug 10- Aug 17): Bitcoin Mining Legalization Foreseeable, China’s National Blockchain Network Launched New Global Portal, China to Pilot Digital Yuan in More Cities

Aug 17, 2020

Vincent He

The top stories from the Chinese cryptocurrency sphere this past week includes: China’s digital yuan will be piloted in more cities across the country; China’s Sichuan province revealed the second batch of demonstration enterprises for hydropower consumption covering a batch of blockchain c...

More Areas are Striving for China’s Digital Yuan Pilot

May 28, 2020

Vincent He

Although the schedule of the second batch of China’s digital yuan pilot is delayed, more regions in China are striving for the trial. In some second and third-tier provinces and cities, local governors expect the application of digital yuan in the local area. For example, in Guizhou provin...