Changchun Mu, head of the digital currency research institute at the People’s Bank of China (PBoC), stated that the digital yuan, the Chinese central bank digital currency (CBDC) currently in trial, ought to be accessible in all retail payment scenarios.
The former official of the Chinese province of Jiangxi, Yi Xiao, has been handed a life sentence by a court after being found guilty of corrupt activities and supporting cryptocurrency mining operations.
The Chinese government has not altered its hard-line stance against digital currencies, but has only intensified it.
Toronto, Canada, April 14th, 2023, Chainwire Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve Wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX. This proposal comes after Binance’s announcement that it will support Conflux Network’s (CFX) mainnet integration. […]
Sam-Bankman-Fried, the founder of FTX, has pled not guilty to the new criminal charges brought against him by the US government.
A recent report has stated that Binance employees and volunteers have been aiding customers in China to bypass the exchange’s Know Your Customer protocols.
Miles Guo has been arrested by US authorities on charges related to crypto-related scams amounting to over $1 billion.
