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Bitcoin Plunges to $32,266 amid the Intensified FUD Sentiment from China

Bitcoin Plunges to $32,266 amid the Intensified FUD Sentiment from China

As China has strengthened the supervision of cryptocurrency mining and related trading, fear, uncertainty, and doubt (FUD) sentiment has intensified among investors. BTC/USDT plummeted nearly 10% today, as low as $32,266.

Nigeria’s Unity Bank Collaborates with Binkabi for Blockchain-Based Agricultural Solutions

Nigeria’s Unity Bank Collaborates with Binkabi for Blockchain-Based Agricultural Solutions

Nigeria's Unity Bank has partnered with Binkabi so that blockchain-based agricultural solutions can be availed in this nation.

China and EU Trade Talks Included the Potential Cooperation of Central Bank Digital Currencies

China and EU Trade Talks Included the Potential Cooperation of Central Bank Digital Currencies

The European Union and China recently had trade and economic discussions regarding topics including central bank digital currencies (CBDC) and supply chain.

People’s Bank of China Announces Its Digital Currency is Ready

People’s Bank of China Announces Its Digital Currency is Ready

The central bank of China has announced that its digital currency can now be said to be ready. Speaking in a major event, the China forum as reported by local news site Shanghai Securities News on August 10, the deputy director of the people’s Bank of China (PBoC) Mu Changchun stated that over five years of rigorous research work has been put into creating a prototype that adopts the Blockchain architecture

China's Pursuit of Digital Yuan "Unswerving" in Wake of COVID-19 Global Pandemic, says Central Bank

China's Pursuit of Digital Yuan "Unswerving" in Wake of COVID-19 Global Pandemic, says Central Bank

China’s central bank has further galvanised its public commitment to creating the first central bank digital currency (CBDC), a digital version of the Yuan, at an annual meeting hosted last Friday by the People’s Bank of China (PBoC) vice governor Yifei Fan.

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

GrainChain being an agricultural start up backed up by Medici Ventures and has shown some prospects so far, plans to bring together the coffee industry of Honduras.

Singapore Consults China on Central Bank Digital Currency

Singapore Consults China on Central Bank Digital Currency

Singapore is considering a partnership with China as it works on developing a Central Bank Digital Currency dubbed Project Ubin

People's Bank of China Seeks to Prohibit the Creation of Digital Tokens

People's Bank of China Seeks to Prohibit the Creation of Digital Tokens

The People’s Bank of China (PBOC) is calling for public opinion or feedback in line with its plans to revise its extant banking laws

China's Central Bank Digital Currency DCEP: What We Know So Far

China's Central Bank Digital Currency DCEP: What We Know So Far

China has been charging full speed with its digital currency development plans in response to Facebook’s Libra. China’s state-owned bank, the People’s Bank of China (PBoC) has been reportedly developing their own digital currency aimed to replace cash in circulation and was said to be ready in the coming months.

Oxfam's Blockchain-Based Agricultural Insurance Firms in Sri Lanka Pay Farmers with Crypto

Oxfam's Blockchain-Based Agricultural Insurance Firms in Sri Lanka Pay Farmers with Crypto

Insurance in the agricultural sector is becoming digitized through blockchain based solutions in Sri Lanka as Oxfam pays farmers in cryptocurrencies

China’s Central Bank Digital Currency DCEP to be Operational for Local Government Employees Starting in May

China’s Central Bank Digital Currency DCEP to be Operational for Local Government Employees Starting in May

Local government employees in the city of Suzhou will be receiving China’s central bank digital currency, digital currency electronic payment (DCEP) in May, according to a local news outlet. China has been charging full speed with its digital currency development plans shortly after Facebook revealed its Libra stablecoin project.

China’s Central Bank Accelerates R&D of its Legal Digital Currency

China’s Central Bank Accelerates R&D of its Legal Digital Currency

People's Bank of China, the Central Bank of China made an announcement of the acceleration of the development of its legal digital currency.

Major China Bank Disables Digital Yuan Wallet Registration After Launch Draws Intense Public Attention

Major China Bank Disables Digital Yuan Wallet Registration After Launch Draws Intense Public Attention

China Construction Bank (CCB) opened registration service for the DCEP wallet via its mobile app but disabled the new feature shortly after.

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