#China

The former deputy Governor of the National Bank of China told the World Economic Forum that the digital yuan will not replace the dollar. Its future will depend on the market

The lack of video cards has put small miners out of the game and opened up new opportunities for large companies. Demand for used equipment is growing

Shenzhen will host the third lottery on January 26, during which residents will be given 200 yuan (31 USD) each at DCEP

The cryptocurrency of the National Bank of China is part of the promotion of an agreed plan to promote financial technology. This was announced by the People's Bank of China

China is still the undisputed leader in crypto transactions and hash rates. Data from Messari report

A digital payment network UDPN will be launched in China, aimed at working with CBDCs of various banks around the world. The pilot project will start working in the second half of 2021. The roadmap is scheduled for 5 years

The first Chinese resident received an electronic bill to pay for medical services through the DLT system. The technology has been applied in the Chengmai County Hospital

Residents of the city of Shenzhen can now conduct a transaction with their account, which stores digital yuan. Several CBDC ATMs of the AgBank network started working here

China is betting on blockchain and digitalization of the economy in 2021. The government identified 8 key trends in the development of the state's economy

US residents will not be able to use AliPay and WeChat Pay. 8 Chinese payment applications were banned by Donald Trump's decree