Central Bank to Alter Banking Law and Legalize DCEP and Ban Yuan Stablecoins
The People’s Bank of China (PBoC) aims to make it illegal to create tokens based on its digital yuan. On Friday, the Chinese central...
China’s Central Bank Head Wants to Accelerate Digital Yuan Public Launch
The deputy head of China’s central bank, Chen Yulu, has hinted at a possible acceleration of the digital Renminbi’s development and issuance (RMB).
In a...
Digital Yuan Airdropped to Nearly 2 Million Citizens Lottery-Style
Compared to other CBDC projects, China's Digital Currency Electronic Payment (DCEP) initiative is arguably the most advanced out there, boasting over 6 years of...
Binance and Coinbase Lists UNI Token as Airdropped to all Uniswap Users
In a rare occurrence in the cryptocurrency market, Binance and Coinbase have listed UNI token the same day it was released. Other exchanges Poloniex...
$SOL Pumps as Tether Launches on Solana Blockchain
From Omni, TRX, Ethereum, among other blockchains, Tether (USDT) is now available on Solana. Developers of the high-speed layer-one blockchain have it that the...
Bitmart User Withdrawals Have Been Stuck for More than 5 Days
Several investors have shared their frustrations regarding withdrawal requests being frozen by the Bitmart exchange on social platforms like Telegram and Twitter. According to...
SushiSwap Founder Gives Keys to SBF After Scam Accusations
The kitchen has become so smoky, and the chef can’t take it anymore. Chef Nomi, the anonymous founder and lead developer behind SushiSwap, a...
How Will China’s DCEP Affect WeChat Pay and Alipay?
With the growing interest and adoption of cryptocurrencies, about 80% of central banks worldwide are looking to create their own cryptocurrency. The People's Bank...
$Kimchi Finance Took the DeFi Market By Storm
The DeFi arena has been spicing up the cryptosphere with the introduction of one food-sounding token after another. The latest menu offering has Kimchi...
The Digital Yuan’s Abrupt Discontinuation – What You Need To Know
China has gained considerable ground when it comes to progress in Central Bank Digital Currency (CBDC). It has begun to roll out its digital...
