Terra’s LUNA moonshot can’t escape gravity of market misgivings
Top blockchain and crypto news: Investors shun LUNA 2.0. Ethereum gains amid relief rally. China’s stimulus goes digital.
June 2022
May 2022
E-CNY use widens in Chinese schools; Terra faces audit
A hydropower plant in China has been fined for illegally powering crypto mines. Meanwhile, South Korean auditors plan on auditing Terra and other crypto exchanges.
Covid-19, postponed Asian Games to push digital yuan into the slow lane?
China’s central bank is driving the adoption of the digital currency, but a spate of lockdowns is slowing the economy and raising questions about the rollout.
Central banks double down on CBDC issuance: BIS report
A 2021 poll of 81 central banks by the BIS reveals that work on retail CBDCs has moved into more advanced stages, driven by a need to increase financial stability amid the pandemic, and the emergence of stablecoins.
April 2022
Binance makes Russia denial; CoinDCX talk future plans
Binance categorically denies sharing client data with Russia. Meanwhile, Chinese officials push for e-CNY use at the Asian Games.
Will London be Europe’s next crypto capital?
Top blockchain and cryptocurrency news: Britain’s crypto gamble. WAVES crashing. China’s big digital yuan push.
China’s e-CNY push; India’s crypto tax kicks in
India’s long-awaited crypto tax comes into effect. Meanwhile, China expands the digital yuan program.
March 2022
Is Dubai the new crypto promised land?
Top blockchain and cryptocurrency news: Dubai’s crypto caravan. Mt. Gox unlocked. Digital yuan in play again.
What US Fed’s interest rate hike means for China and its CBDC
Capital control limiting outflows may be less of an issue in the future with e-CNY being a ‘controllable currency,’ experts say.
US bill targets e-CNY; Russian sanctions hurting public
Blockchain data analysis platform Chainalysis has launched a set of free sanction screening tools. Meanwhile, lawmakers in the US take aim at China’s digital yuan, or e-CNY, while Russian sanctions begin to highlight issues with financial sovereignty as hundreds of thousands of Russian and Ukrainian civilians are caught in the financial crossfire.
China’s Two Sessions: what to expect for blockchain
Look for progress reports on e-CNY, blockchain technology, new digital infrastructure, and subtle mentions of the international sanctions against Russia.
February 2022
Korea’s crypto unicorns; Hong Kong’s e-CNY pilot
Korea’s crypto sector spawns two unicorns, meanwhile Hong Kong is set to be an idea cross-border e-CNY test city.
Hong Kong makes apt testbed for e-CNY cross-border use
The city’s global reach, Hong Kong dollar and mainland ties make it a good fit for Chinese authorities to trial e-CNY international payments.
Collision or coexistence: Can CBDCs and crypto live side by side?
As more countries announce plans for central bank digital currencies, will that break crypto’s promise as the future of money?
China’s e-CNY pilot to boost Hong Kong as offshore yuan trading center
Upcoming digital yuan trial to piggyback on Hong Kong’s popular Faster Payment System for smoother cross-border transactions.
What I learned from my role in digitizing the yuan
CBDCs are vulnerable to hacking and the powers of quantum computing, cybersecurity expert Amnon Samid writes. Central banks must heed the warning.
January 2022
Five questions about the digital yuan at the Winter Olympics
All eyes will be on Beijing for the upcoming games — will China use the spotlight to officially launch its CBDC?
Why governments have powerful incentives to develop digital currencies
CBDCs can increase financial inclusion and prevent crime, according to blockchain expert Tiana Laurence. What’s not to like about state-backed digital money?
e-CNY transactions surge; Fusang IPO green light
e-CNY transactions surge in China, meanwhile Fusang IPO ‘s get a green light
Indian crypto scam investigated; Kakao’s webtoon NFTs sell out
Indian crypto scam investigated meanwhile Korea’s Kakao’s webtoon NFTs sell out
e-CNY app downloaded 16 million times; Kazakhstan outages hit miners
China’s e-CNY app downloaded 16 million times meanwhile in Kazakhstan the outages hit miners
Bored Ape NFT frenzy; Play-to-earn sustainability questioned
China’s e-CNY pilot app is ready for download as Bored Apes headline NFT frenzy.
December 2021
These e-CNY hard wallets might get people talking at the Winter Olympics
China prepares to show off its tech innovation muscles at the Beijing Winter Olympics as it unveils some unusual-looking wallets for its new digital yuan.
Japan’s central bank is urged to speed up its digital yen project
With economic security as a top priority, the Kishida administration anticipates the release of competing CBDCs.
The digital yuan’s de-dollarization
Why the Federal Reserve and other major central banks are likely to speed up development of retail CBDCs.
Investors queasy as prospect of India crypto ban returns
Top blockchain and crypto news: Are India’s CBDC plans crowding out crypto? Jack Dorsey goes full Bitcoin bro. China’s digital yuan hopes claim another victim.
November 2021
China’s new mobile payment rules could pave the way for e-CNY, experts say
In the long run, the new rules may ‘lay the perfect foundation’ to improve risk management, says an ICBC expert.
What would Jerome Powell’s second term mean for crypto?
Top blockchain and crypto news: Fed nominations suggest no sudden moves. El Salvador’s Bitcoin lava affair. Dodgy dealings in China’s digital yuan.
Another e-CNY scam busted; SCMP to tokenize history
Another e-CNY scam busted, meanwhile SCMP to tokenize history
Digital yuan scams emerge across China as central bank readies e-CNY
Inner Mongolia police bust yet another digital yuan money laundering case.
China sees another digital yuan fraud case
Chinese police have busted yet another tele-fraud case related to e-CNY money laundering as the country continues to test the digital currency.
e-CNY scam investigated; S Korea gets metaverse bug
e-CNY scam investigated meanwhile S Korea gets metaverse bug
Chinese police raid what may be the nation’s first e-CNY money-laundering case
Police crack a tele-fraud case related to digital yuan money laundering, potentially thanks to the CBDC’s ‘managed anonymity’ feature.
October 2021
Crypto tax critical to Korean election: China crackdown continues
South Korean presidential hopefuls lean towards delaying crypto tax to impress younger voters.