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Digital Yuan
E-CNY Problems to Be Solved, China Sees Warning Over NFT Hype
People’s Bank of China outlines e-CNY problems to be solved. China opinion piece voices warning over NFT hype. Solana competitors on the rise. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
China to Build Global Clearing Network for Mobile Payments Using Digital Yuan
According to the People's Daily, China aims to build an international clearing and settlement network for mobile payments using the digital yuan, saying renminbi (RMB) internationalization is inevitable. Meanwhile, the central government is tightening its grip on control as it's now issuing guidance for time spent on video games. "The Hash" hosts discuss the latest on China's central bank digital currency (CBDC) pilot, its implications for global finance, and if China's political model impedes innovation.
Korea’s Love for Crypto Continues, Crypto Exchange Bilaxy Hacked
Data shows Korean love of crypto remains strong, despite new regulations. China banks release data on e-CNY progress. Hong Kong-based Bilaxy crypto exchange suffers US$21 million hack. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Upbit Submits Compliance Report, China’s E-CNY Trials Broaden
South Korea’s Upbit first to submit a compliance report to the Financial Intelligence Unit. Crypto market on a roll as Bitcoin breaks US$50,000 mark, and China’s e-CNY trials continue to broaden. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
China Continues E-CNY Pilot, Google Allows Crypto Advertising
China’s e-CNY trials continue. Google allows crypto advertising back, and Oscar Mayer rolls out “hot doge” sale. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
US Senators Ask Team USA to Boycott China’s Digital Yuan at 2022 Olympics
As central banks around the world race to establish a CBDC, Republican senators Marsha Blackburn, Cynthia Lummis and Roger Wicker are calling on the U.S. national team to effectively boycott China’s digital currency at the 2022 Winter Olympics in Beijing, citing privacy concerns. “CBDC nationalism could get really ugly,” host Zack Seward said.
Senators Urge E-CNY Ban, Russia Woos Crypto Miners
US Senators urge Team USA to ban the use of E-CNY. Russia woos crypto miners with green credentials, and street performers embrace digital payments. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
E-CNY White Paper Released, Malaysia Steamrolls Mining Rigs
China releases white paper on E-CNY. Bitcoin mining difficulty falls for the fourth time in a row. Malaysian police steamroll seized crypto mining rigs. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Penalties for Kimchi Premium Abusers, Digital Yuan on Trial Again
Kimchi premium becomes kimchi penalty. Chengdu holds China’s latest digital yuan trial. Taiwan’s Lootex uses NFTs to preserve cultural history. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
WazirX, Binance Boost Compliance Procedures, Forkast Speaks to FTX CEO
Crypto exchanges WazirX and Binance look to implement stronger compliance measures. Forkast.News speaks with FTX founder and CEO Sam Bankman-Fried about crypto regulatory measures in Asia. Chinese district rewards residents with e-Yuan for counting footsteps. We’ll have more on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."