China Financial News
02.02 / 10:33
Catholic Church
Spain moves closer to investigation into child sex abuse within Catholic Church
Spain has moved a step closer to investigating allegations of child sexual abuse in the Catholic Church.
02.02 / 09:31
European Union
Montenegro's prime minister warns of government collapse ahead of vote
Montenegro was braced for more political chaos ahead of a critical vote in parliament on Friday that will either oust the country's prime minister or pave the way for new elections.
02.02 / 00:13
CBDC
Adoption
Central Bank
Year of the Tiger May Be the Year of the Digital Yuan as China Celebrates with More CBDC Adoption
For millions of Chinese people living in the “10+1” pilot cities trialing the digital yuan, the Year of the Tiger is off to a lucrative start, with companies on an adoption drive that is seeing them slash prices for digital CNY customers, give away tokens and more.
01.02 / 22:17
COST
Digital
Bitcoin
Bitcoin: Carbon emissions of mining ops remain minimal at 0.8% of global share
The rapid expansion of cryptocurrency over the years has been nothing short of stunning. At press time, the crypto market stood just shy of the $1.7 trillion. But the increasing popularity of cryptocurrency has environmentalists on edge. The digital mining of Bitcoin created a massive carbon footprint due to the staggering amount of energy utilised. Based on data from the Bitcoin Energy Consumption Index from Digiconomist, the carbon footprint of Bitcoin wasequivalent to a few countries.
01.02 / 20:39
Mining
regulation
New York gubernatorial candidate calls for moratorium on proof-of-work mining
With roughly nine months until major federal and state elections, New York State gubernatorial candidate Jumaane Williams is making crypto mining an issue in his campaign, criticizing the lack of regulatory clarity.
01.02 / 20:03
COST
Provident
Digital
India to Launch Central Bank Digital Currency
India's central bank plans to launch a virtual version of the rupee in the 2022-2023 fiscal year, which begins on April 1.The announcement of the country's central bank digital currency (CBDC) came at the same time that India said it will impose a 30% tax on income gained from digital assets.In launching a CBDC, India joins a growing list of countries to issue national digital currencies.
01.02 / 16:51
Blockchain
Digital Currency
regulation
Middle east
Central Bank of Jordan reveals CBDC plans
Central Bank of Jordan (CBJ) has revealed that it is researching issuing a digital currency. The central bank digital currency (CBDC) would be linked to the Jordanian dinar and have legal standing.
01.02 / 16:33
01.02 / 16:11
Art
News
Hamburg school closed after 'armed youth' seen near building
A school in the German city of Hamburg has been locked down by police after a gunman was seen nearby.
01.02 / 14:53
History
Kyiv
Support
Ukraine hails 'largest' diplomatic and military support amid Russia crisis
Ukrainian President Volodymyr Zelenskyy said he welcomed the diplomatic and military support provided to his country in recent weeks amid warnings of a Russian invasion.
01.02 / 12:17
Technology
History
Viktor Orban under fire for Moscow meeting with Vladimir Putin
MEPs have criticised Hungarian Prime Minister Viktor Orban's meeting with Vladimir Putin on Tuesday, saying it risks EU unity over the Ukraine crisis.
01.02 / 10:04
Technology
History
Takeover
One year since military takeover, Myanmar opposition holds 'silent strike'
Opponents of military rule in Myanmar marked the one-year anniversary of the army’s seizure of power with a nationwide strike Tuesday to show their strength and solidarity amid concern about what has become an increasingly violent contention for power.
01.02 / 08:03
Technology
History
COVID-19 in Europe: Austria vaccine mandate comes into force
Austria has become the first country in Europe to introduce a national COVID-19 vaccine mandate for adults.
01.02 / 03:13
Citi
Digital
Limelight
Winter Olympics
Winter Olympics spotlight Beijing’s digital yuan: Will China’s CBDC plans push others to move faster?
Central bank digital currencies will get some international limelight over the next couple of weeks as China plans to test its digital yuan at the Beijing Winter Olympics.
01.02 / 00:51
business
CBDC
Yuan
Winter Olympics
restrictions
COVID restrictions
COVID restrictions stymie digital yuan rollout at Beijing Winter Olympics: report
Though athletes and support staff arriving for the Beijing 2022 Olympics still have the option of using digital currency for payments at many venues, the international test run of China’s CBDC is reportedly facing hurdles due to the pandemic.
01.02 / 00:35
Binance
Platform
BitMEX
BitMEX struggles to retain relevancy, launches native cryptocurrency to reward users
Bitmex, one of the formerly leading cryptocurrency derivatives exchanges, has since fallen out of its heyday owing to the rise of rival exchanges and its own brushes with the law. The China-based platform doesn’t seem to be backing down. In fact, the exchange has decided to embark on a path several other exchanges have taken to maintain relevancy.
31.01 / 22:20
Blockchain
Digital
Racing
Strategy
Winter Olympics
Japan could be taking the slow route on CBDC development for this reason
As China races ahead with not just CBDCs, but also blockchain project pilots, all eyes are on its neighbours. In particular, experts worldwide are closely watching Japan.
31.01 / 20:13
Report
Spotify
gatherings
'Partygate': Boris Johnson faces fresh calls to resign after lockdown gatherings report is published
Prime Minister Boris Johnson issued another apology on Monday for lockdown gatherings at the heart of the UK government.
31.01 / 20:13
Murder
Spotify
Maëlys de Araujo: Former soldier on trial for 2017 murder of eight-year-old French girl
A former French soldier has gone on trial over the kidnapping and murder of an eight-year-old girl in 2017.
31.01 / 13:35
Murder
Anniversary
Manhunt
Germany: Massive manhunt underway after two police officers shot and killed near Kaiserslautern
Two German police officers were shot dead on Monday during a traffic stop, police in the southwestern city of Kaiserslautern said, adding that they had launched a massive search for the fugitives.
31.01 / 12:59
Blockchain
Digital
Manufacturing
Southern
testing
China Announces 15 Pilot Zones for Testing Blockchain Tech
China announced 15 pilot zones for testing the application of blockchain technology for several service sectors.
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