90% of businesses adopting blockchain technology, data

    A new survey from CasperLabs found that despite education gaps, enterprise adoption of blockchain technology in the U.S., U.K. and China is set to increase in the next year. The crypto and blockchain space has had a turbulent past year, but that is not stopping users and enterprises from looking into the industry. A new survey from…

    China’s CBDC wallet adds new features ahead of the Chinese New Year

    The Chinese government is making efforts to boost the adoption of CBDCs in the country. Recently, China launched its digital yuan, called e-CNY. To boost its adoption among its citizens, China added a new feature of sending money in electronic ‘red packets’ that cover displaying traditional wishes for special occasions like birthdays, the New Year,…

    Approaches to CBDC: US vs. China

    Few people today doubt that in a few years, central bank digital currencies (CBDCs) will be as widespread as cash is now. But so far, no one can tell how exactly Western countries will approach their digital money. And this question, as you are about to see, is hardly a trivial one. If you discount…

    2022 Winter Olympics makes history by launching the world’s first major CBDC

    The 2022 Winter Olympics were supposed to be a sort of coming-out party for the digital yuan, China’s CBDC. The People’s Bank of China, China’s central bank, has been trialing the digital yuan in several areas for years now and has started allowing foreigners to use the digital currency for the first time during the…

    Beijing Olympics and digital yuan

    China is using the Olympic Games they’re hosting to bring its CBDC, the digital yuan, to a qualitatively new level. The methods of achieving this goal are consistently impressive, although far from always pleasant. Just ahead of the 2022 Winter Olympics in Beijing, the People’s Bank of China (the country’s central bank) confirmed that it…

    Not only China: Over 50 countries issued bans on crypto to date

    Over 50 countries have banned cryptocurrencies, according to a report from the Global Legal Research Directorate of the Law Library of Congress. The November report served as an update to research published in 2018, found the number of countries banning crypto “increased significantly” since the research first came out in 2018. Since 2018, “the number…