Binance CEO becomes the richest person of Chinese origin with total assets of up to $90 billion
Changpeng Zhao (CZ), the CEO of Binance Exchange, has become the richest person of Chinese descent, with a net worth of up to $90 billion CZ becomes the richest Chinese person after Binance is valued at $300 billion Changpeng Zhao (CZ), the CEO of Binance Exchange, has become the richest person of Chinese descent, with […]
BTC price increases by 50% since China ‘selflessly’ banned Bitcoin mining
There is no amount of FUD that can keep Btc from rising, and China’s ban on cryptocurrency has once again boosted bulls. After 150 days, China has stopped Bitcoin mining, and the price of Bitcoin has only risen as a result of this decision. Chinese authorities created quite a stir five months ago when they announced […]
G7 leaders establish digital currency guidelines for central banks
This week, the Group of Seven (G7) advanced economies discussed central bank digital currencies (CBDCs), deciding that they should “do no harm” and adhere to strict guidelines. On Oct. 13, G7 finance officials gathered in Washington to discuss central bank digital currencies and adopted 13 public policy guidelines for their deployment. The G7 countries, which […]
Binance delists Chinese Yuan (CNY) trading pairs on its platform
Binance cryptocurrency exchange is the latest to join the list of leading crypto exchanges in China that are closing their doors due to the tough regulatory crackdown in the country. Binance said earlier today, October 13, that on December 31, 2021, the crypto exchange will completely delist the CNY trading zone . Binance has released […]
Crypto Ban: Russia has no plans to follow in China’s lead by banning crypto outright
According to an Oct. 12 report from local news agency Interfax, Alexey Moiseev, the deputy finance minister of the Russian Federation said that Russia is not out to ban crypto like China. As part of a legislation that went into effect in January, Russia continues to impose a prohibition on cryptocurrency payments; nevertheless, the nation […]