Posted by Crypto News | Sep 28, 2021 | Bitcoin China crackdown, BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, btcusd, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, China crackdown, Crypto News, ETHAUD, ETHBKRW, ETHBRL, ETHBTC, ETHBUSD, ETHDAI, ETHEOSDT, ETHEUR, ETHGBP, ETHHUSD, ETHJPY, ETHKRW, ETHMXN, ETHPAX, ETHRUB, ETHTRX, ETHTRY, ETHUSD, ETHUSDC, ETHUSDT, ETHUST, ETHZAR, News, PBoC, Peoples Bank of China, Regulation News | 0
Jun 25, 2021 | 2017 reflection, Bitcoin, Bitcoin mining, China, China Bans Bitcoin, crackdown, Crypto News, Cryptocurrency Technology, Kazakhstan, Lucas Nuzzi, Miners migration, nic carter, PBoC, terahashes per second, Texas, Total Hash Rate
The great Bitcoin miners migration is well underway. And the network’s total hash rate is showing it in a big way. Currently, the number of terahashes per second is at its lowest level in the last twelve months. That means that mining Bitcoin has not been easier in a whole year. Also, there’s less competition. […]Read More
Jun 21, 2021 | Bitcoin, Bitcoin News, BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, btcusd, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, Crypto News, CRYPTOCAP-BTC.D, cryptocurrency, News, PBoC, Regulation News
People’s Bank of China (PBoC) has instructed all financial institutions in the country to help effect the clampdown on cryptocurrency engagements. According to a Reuters report, the apex bank said it recently summoned all financial institutions to intensify the way they prevent cryptocurrency trading. Per the report, the PBoC urged these institutions to cut payment
The post People’s Bank of China (PBoC) Instructs Financial Institutions to Clampdown on Crypto appeared first on Coingape.
On Thursday, June 10, the Central Bank of Nigeria (CBN) announced that it preparing for the launch of the central bank digital currency (CBDC) aka Digital Naira and that should happen before the end of 2021. Rukayat Mohammed, the Director of Information Technology (IT) for the CBN made this disclosure yesterday in a virtual briefing
The post Central Bank of Nigeria (CBN) Plans For a CBDC Launch By the End of 2021 appeared first on Coingape.
Finance Ministers of the G7 economies have kicked off the 2-day meeting in London on Friday, June 4. This is the first face-to-face meeting after the G20 meeting in February 2020 n Saudi Arabia. The top things on agenda have been deciding the rules for the working of digital currencies issued by central banks and
The post Why G7 Nations Are Raising Strong Concerns for China’s New Digital Yuan Plan? appeared first on Coingape.
Jun 2, 2021 | Beijing Winter Olympics, CBDC, Central Bank Digital Currencies, China CBDC, Chinese central Bank, Crypto News, digital dollar, digital renminbi, digital yuan, News, PBoC, Peoples Bank of China, Regulation News, U.S. Federal Reserve
After testing its Digital Renminbi use in some of the small cities, China is now planning a big CBDC giveaway for Beijing residents. The Chinese government has planned a 40 million renminbi ($6.2 million) lottery giveaway in form of digital currency. China has been conducting such programs for a while as it goes on to
The post China Plans A $6.2 Billion Digital Currency Lottery for Beijing Residents appeared first on Coingape.
May 19, 2021 | Bitcoin News, BTC Price Correction, BTC price crash, BTCBRL, BTCBUSD, BTCDAI, BTCEUR, BTCGBP, BTCJPY, BTCKRW, BTCMXN, BTCNGN, BTCPAX, BTCRUB, BTCTRY, BTCTUSD, btcusd, BTCUSDC, BTCUSDT, BTCXRP, BTCZAR, Crypto News, Elon Musk Bitcoin, Elon Musk Bitcoin FUD, News, PBoC
It’s a double whammy for Bitcoin (BTC) investors this week. After Elon Musk single-handedly crashing Bitcoin and the overall crypto market, the Chinese central bank PBoC gives another hammer blow. On Tuesday, May 18, the Chinese central bank warned local financial institutions and businesses from dabbling into cryptocurrencies. Bitcoin (BTC) and the overall crypto market
The post BTC Slips to $40,000, After Elon Musk, Chinese Central Bank Puts Pressure on Bitcoin appeared first on Coingape.
Alibaba’s Ant Group, the official partner of China’s PBoc for its Digital Yuan has started working on digital currency trials involving other stakeholders within the country. China’s online-only bank MYbank, wherein Ant Group holds a 30% stake, is the latest to join the trials and will allow some of its users to link their bank
The post Alibaba’s Ant Group to Allow Online Bank MYBank Test China’s CBDC Digital Yuan appeared first on Coingape.
After enough internal testing locally, the Chinese central bank – The People’s Bank of China (PBoC) – is all set to take its CBDC Digital Yuan global. As per the recent report from the South China Morning Post, the payments giant Mastercard is currently in talks with PBoC to facilitate the cross-border transactions for Digital
The post MasterCard In Talks With China’s Central Bank to Support Global “Digital Yuan” Transactions appeared first on Coingape.
The Digital Dollar Project by Accenture Will Kickstart Pilot Program for U.S. CBDC Design and Use Case
Co-founded by consulting giant Accenture, The Digital Dollar Project (DDP) is all set to kickstart pilot tests for the U.S. central bank digital currency (CBDC) over the next year to test its design and use cases. For this, Accenture has entered a non-profit partnership with the Digital Dollar Foundation. The report comes just at a
The post The Digital Dollar Project by Accenture Will Kickstart Pilot Program for U.S. CBDC Design and Use Case appeared first on Coingape.
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