After testing its Digital Renminbi use in some of the small cities, China is now planning a big CBDC giveaway for Beijing residents. The Chinese government has planned a 40 million renminbi ($6.2 million) lottery giveaway in form of digital currency. ...

New developments in Thailand’s decentralized finance (DeFi) sector may face new regulations after a new SEC announcement this past weekend. ...

Local exchanges have banned Chinese nationals from opening up any new contract positions in the crypto market. Many Chinese traders flock to OTC desks or peer-to-peer trading platforms to bypass the regulatory restrictions. ...

Although Ethereum and Bitcoin were created with different intended purposes in mind, they are both an option worth considering from an investor’s point of view. ...

Economist Intelligence Unit (EIU) has completed a report commissioned by Crypto.com revealing that the COVID-19 pandemic spurred the recent growth in acceptance of digital currencies. ...

A senior strategist from JPMorgan Chase & Co bank, after he compared last week’s crypto market crash and the 2018 market crash, he explained that the state of the market now is significantly more resilient and robust than three years ago. ...

More than $1.5 billion worth of cryptocurrency positions got liquidated in the last 24 hours. ...

As we announced earlier, we are stopping working with Perfect Money and we ask all clients to release their Perfect Money deposit till TODAY.Please do not forget to make withdrawal request after you released your deposit. ...

Markets are witnessing a selloff in Bitcoin and price appreciation in Digital Yuan due to funds shifting towards more stable cryptocurrencies backed by large nations. ...

Three associations under the central bank of China, the China Internet Finance Association, the China Banking Association, and the China Payment and Clearing Association, have all but admitted that their seven years of banning bitcoin requires yet another ban. ...