Chinese Newlyweds to Scoop Digital Yuan Giveaways Chinese newly married couples stand to receive up to $715 worth of digital yuan tokens, discount vouchers, and coupons for tying the knot. Per the People’s Daily and an explanatory post uploaded to Banibao, the incentive is the brainchild of Shenzhen’s Yantian District, which will run the campaign from November 11 to the end of the year. Couples registering their marriages in the district in this period can register their eligibility via the “Lov...

China’s Digital Yuan Scores Taiwan First with Bond Offering China’s digital yuan has completed another historic CBDC first, with a Taiwan-based firm “successfully” issuing e-CNY bonds. The offering, an ultra-short-term financing bond, was launched by Xiamen Xiangyu Group (XMXYG), a Mainland Chinese financial firm based in Xiamen that also operates in Taiwan. The media outlet wrote: “This bond is the country’s first cross-strait integrated digital [yuan] bond, with the largest issuance scale to ...

In December, Micree Zhan Ketuan, the ousted co-founder of the world's largest producer of Bitcoin mining equipment, Bitmain, reportedly asked a Cayman Islands court to reverse a shareholder decision that cost him voting control of the crypto-miner. Shareholders voted then to convert Bitmain’s Class B shares to one vote per share, versus 10 votes previously — effectively slashing Zhan’s influence, Bloomberg reported, citing documents presented to the court. Zhan wrote in a letter published Novem...

Here is what happened in the Cryptoworld in the last quarter of this year and this decade: Total crypto market capitalization in Q4 October We started this quarter with looking who is to blame for Bitcoin price crash. We were in for a surprise when a German bank stated that Bitcoin prices are in for a major boost next year and that current prices do not take into account the upcoming halving. Speaking of which, the discussions on the halving and what it might mean for the future of BTC miners h...

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Legal news Osaka prosecutors have charged Meijo Gakuin Educational Corporation executives with embezzlement, claiming they over misappropriated local education authority funds. Per Nikkei, a former director allegedly used just short of USD 1 million of funds from a school property sale to buy cryptocurrencies in 2017. Police raide...