Last Updated on February 23, 2023 by Paganoto
What does China's Digital Yuan mean for Bitcoin?
What does China's Digital Yuan mean for Bitcoin?
A large population of China has already adopted cashless payment options like WeChat pay and Alipay. The digital Yuan can integrate with …
China declares all crypto-currency transactions illegal – BBC
China declares all crypto-currency transactions illegal – BBC
China’s central bank has announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as Bitcoin. …
China's digital yuan: What is it and how does it work? – CNBC
China's digital yuan: What is it and how does it work? – CNBC
No. Bitcoin is a so-called decentralized cryptocurrency. That means that it is not controlled by any central authority like a central bank, …
China Creates Its Own Digital Currency, a First for Major …
China Creates Its Own Digital Currency, a First for Major …
A cyber yuan stands to give Beijing power to track spending in real time, plus money that isn’t linked to the dollar-dominated global financial …
China's transition to a digital currency does it threaten …
China's transition to a digital currency does it threaten …
by AF Aysan · 2022 · Cited by 3 — China has gained a first-mover advantage by rolling out a central bank digital currency (CBDC). But the outcome will depend on the US response as well as the …
China Steps Up Crypto Clampdown With Threat of Prison
China Steps Up Crypto Clampdown With Threat of Prison
China adopts crypto into its criminal law for the first time. Illegal fundraising can yield jail terms of over 10 years. China banned …
China Reins in Bitcoin, Cryptocurrencies to Push Digital Yuan
China Reins in Bitcoin, Cryptocurrencies to Push Digital Yuan
So far, China has tried to persuade people to adopt the digital currency rather than force them. It’s given away millions of dollars’ worth of …
China Makes Cryptocurrency Transactions Illegal: An Explainer
China Makes Cryptocurrency Transactions Illegal: An Explainer
Further, all cryptocurrency transactions in China are considered illegal, including offshore exchanges to provide services to Chinese citizens.
China's top regulators ban crypto trading and mining … – Reuters
China's top regulators ban crypto trading and mining … – Reuters
‘SOCIAL ORDER’ The People’s Bank of China (PBOC) said cryptocurrencies must not circulate and that overseas exchanges are barred from providing …
How China's Ban on Cryptocurrency Will Ripple Overseas
How China's Ban on Cryptocurrency Will Ripple Overseas
Since China’s government declared all cryptocurrency transactions illegal last week and banned citizens from working for crypto-related …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.