#cryptocurrency in 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

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

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

A user named Kazuo Kusunose wrote on the Google forums that he lost $ 15,000 due to an encryption fraud found in Google ads.

The chief trader of the Genesis Block company Charles Yang believes, the digital yuan will face a pretty tough competition with Tether in the Asian market

Didi, a popular taxi booking application in China, could be the first company in the country to work with state-owned cryptocurrency, BlocksBridge Consulting reported

The management of large banks of China is not going to freeze the accounts of crypto-traders who did not violate the laws of the country

A court in China found the ex-employee of one of the banks guilty of embezzlement of 1.85 million yuan ($261 thousand), as well as a fraud with client funds in the amount of 770 thousand yuan ($110 thousand)

It's no secret that China is a global mining center. Questions on this subject are found even in exams in geography