Cryptocurrencies

The deputy director of the People’s Bank of China's (PBOC) payments department has confirmed that China will be launching its own national cryptocurrency soon. (Image: Mikel Davis / Vision Times)

China Is Close to Launching Its Cryptocurrency

It has long been speculated that Beijing was planning to launch a government-backed cryptocurrency. Now, sources have confirmed that it is true. Mu Changchun, deputy director of the People’s Bank of China’s (PBOC) payments department, recently remarked that the state’s…

Blockchain technology is poised to create about US$3.1 trillion worth of business value by 2030. (Image via  pixabay  /  CC0 1.0)

How Blockchain Technology Will Shape the Future

According to Gartner, one of the leading research companies in the world, blockchain technology is poised to create about US$3.1 trillion worth of business value by 2030. Blockchain will essentially be so widely used that it will become an integral technological…

According to estimates, more than 70 percent of global cryptocurrency mining happens in China. (Image: Screenshot / YouTube)

China Plans to Ban Bitcoin Mining

Beijing is said to be considering a ban on Bitcoin mining in the country. If the ban comes into effect, it would end China’s dominance in the industry. According to estimates, more than 70 percent of global cryptocurrency mining happens…

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China Is Close to Launching Its Cryptocurrency

It has long been speculated that Beijing was planning to launch a government-backed cryptocurrency. Now, sources have confirmed that it is true. Mu Changchun, deputy director of the People’s Bank…

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How Blockchain Technology Will Shape the Future

According to Gartner, one of the leading research companies in the world, blockchain technology is poised to create about US$3.1 trillion worth of business value by 2030. Blockchain will essentially be…

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China Plans to Ban Bitcoin Mining

Beijing is said to be considering a ban on Bitcoin mining in the country. If the ban comes into effect, it would end China’s dominance in the industry. According to…