#China
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China is still the undisputed leader in crypto transactions and hash rates. Data from Messari report
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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
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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
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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
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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
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US residents will not be able to use AliPay and WeChat Pay. 8 Chinese payment applications were banned by Donald Trump's decree
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Crypto Specialist Will Promote Google Blockchain Solutions In China
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A special platform has been created in China for checking bank correspondence. Works on blockchain
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OKEx cryptocurrency exchange is under investigation by the Chinese authorities. OKEx provides spot trading and cryptocurrency derivatives trading. According to widespread reports, the price of bitcoins fell due to information leaks about OKEx's suspension of withdrawals.
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Over the past two weeks, in cities such as Chengdu and Shenzhen, Chinese authorities have launched a new digital yuan and called for faster token promotion across the country. The People's Bank of China (PBoC) has distributed the RMB digital currency through the lottery to numerous retailers such as local pharmacies, supermarkets and even Walmart.
