Tag Archives: China

What role does China play in Bitcoin mining?

China remains an important role in the world of bitcoin mining. First of all, it has great capability of increasing industry cohesion, thanks to its geographical location. Besides, through very cheap labor costs China is able to gain the competitive edge in the rapid manufacture of miners. The endowment of natural sources is also a […]

A Chinese Commecial Bank Is Internally Testing PBOC’s Digital Currency Dcep Wallet

A Chinese Commercial Bank is Internally Testing PBoC’s Digital Currency DCEP Wallet On the evening of April 14, Chinese community is flooded with a screenshot of the DCEP wallet which shows Agricultural bank of China is conducting internal testing of PBoC’s digital currency DCEP wallet. On October 28, 2019, an official from Chinese government think […]