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The Chinese authorities have introduced the ability to pay taxes and other contributions with digital yuan in 3 local cities. This initiative is being implemented as part of the expansion of the CBDC usage area to Guangzhou, Tianjin and Chongqing.
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A Chinese court has found the NFTCN NFT marketplace guilty of failing to verify the NFTs it sells for uniqueness and copyright compliance.
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BTC 46K, Ronin Steal 620M, New Samsung and Visa Crypto Initiatives
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People's Bank of China cryptocurrency is not in demand at the 2022 Olympics. Local media write about it.
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In China, the national cryptocurrency is being actively tested. The digital yuan payment app has been downloaded and installed by 20 million people, according to analytics platforms.
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The launch of the official version of the CBDC application for settlements in digital yuan led to a resounding success of the crypto wallet in the Chinese market.
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The ban on mining in China has led to the intensification of cryptocurrency mining in many countries. Thailand was no exception.
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Despite the ban on mining in China, many miners continue to mine bitcoin and other cryptocurrencies. This became known from the analysis conducted by Qihoo 360.
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The Chinese authorities have begun to catch small miners among the operators of Internet cafes, game rooms, as well as those who mine cryptocurrencies at home on a home card.
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The computing power and hash rate of transactions on the bitcoin network have grown by 80% after the mining ban in China. As experts say, this is not the limit. In the near future, a new impressive growth and the establishment of an all-time high (ATH) are possible.