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СryptoYuan on its way in China

Last week in the cryptocurrency market has become a test for the bulls. Market growth, which continued over the past few weeks, was called into question in the middle of the last reporting period. On the night of February 15-16, the cost of the “first cryptocurrency” fell below the $ 10,000 mark,…

CryptoYuan

China has launched a national blockchain platform that will allow the introduction of state cryptocurrency. The first payments in CryptoYuan will be made in July. While this will take place in test mode. Beijing has serious intentions. Although the Central Bank has not yet officially confirmed the Crypto-Yuan implementation schedule, it is expected…

China will release its Crypto Yuan as opposed to Libra

Faced with the opportunities and the threat posed by the Facebook Libra cryptocurrency project, the central bank of China should reconsider the plan for creating a national digital currency (CryptoYuan), says the former head of the People’s Bank of China. According to the South China Morning Post, former People’s Bank…

The concept of digital currency (CryptoYuan) is rapidly rising

The concept of digital currency to rise quickly pulled the afternoon, as of this writing, Hublot shares, Huijin shares, the public should be interconnected, Heng Bank Financial and other daily limit, Julong shares, GRG, the Blue Division software and other daily limits. On the news, it was reported that in the afternoon of April 22, the Xiong’an New District…

Delay of CryptoYuan

The People’s Bank of China has postponed a digital development program scheduled for the first quarter of this year. The reason for the suspension is the quarantine introduced because of the coronavirus, which has affected government agencies, reports the Global Times, citing informed sources. “The outbreak of coronavirus has led…

China may be just about to launch its digital currency in two cities

The Central Bank of China will test the national digital currency for electronic payments before the end of this year. The sovereign cryptocurrency test – DCEP (CryptoYuan) – will be conducted in two cities: Shenzhen and Suzhou. China may be the first large economy to issue its own digital money.…

China is ready to start own crypto-currency

Employees of the People’s Bank of China said that the five-year work on the official cryptocurrency of the country has been completed, they are ready to launch it “in the near future”. Mu Changchun, deputy head of the bank’s payment division, added that its architecture and prototype are ready. “We…

Chinese Yuan will become cryptocurrency (CryptoYuan)

INSEAD professor and co-founder of the Blockchain Research Institute (BRI) Don Tapscott (Don Tapscott) said that the yuan – the official Chinese currency – will become a cryptocurrency (CryptoYuan).  In an interview with Bloomberg, Tapscott said that he recently met with the vice-chairman of the Chinese Communist Party. The official…

Ethereum coming updates

Over the next 2-3 months, Ethereum will implement the Casper hybrid protocol, which will combine the parameters of the Proof-Of-Work and Proof-Of-Stake consensus algorithms. During the conference Edcon, the founder of the platform Vitalik Buterin told about the upcoming update and the system of rewarding the steakers. We emphasize that…

Blockchain for postal parcels temperature control (Swiss Post)

The national Swiss mail company Swiss Post intends to integrate a new block-based solution developed by the startup Modum into its work. Thanks to the new technology, the delivery of parcels with medicines and other temperature-sensitive products will become more safe and qualitative. The company Modum is based in Zurich…

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