In it Blockchain Report 2020, CBInsights said 51% of deals in the industry were for US-based companies four years ago, while only 2% was earmarked for Chinese businesses. According to the latest figures, China’s share of deals is 22% in 2019, while America’s share dwindled to just 31%.
Controllable anonymity: China goes full Orwell on digital yuan
The head of the People’s Bank of China digital yuan project promises the central bank is ‘not seeking full control of the information of the general public’
Here’s a beautiful turn of phrase from a Chinese central bank executive talking about its forthcoming national digital currency: “controllable anonymity.”
Finance professionals predict US first to global digital currency
China’s digital yuan has a big lead, and a central bank representative called the creation of the first global stablecoin ‘a horse race.’
China has spent five years preparing to launch the digital yuan, which might happen in a matter of months. But bankers and financial industry professionals surveyed at an industry conference in October still believe the United States will be the first to create a global digital currency.
Newspaper says Chinese central bank cryptocurrency launch not imminent
An English-language tabloid under the Chinese Communist Party’s official newspaper denies Forbes report of a Libra-killer
A publication run by China’s ruling Communist Party has denied reports that the nation’s central bank is on the verge of launching a cryptocurrency.