Crypto Analyst Says Asian Markets Will Make DeFi Blow Up – Asia Crypto Today
DeFi projects have been flying high since the start of the year, from Kyber Network to Aave, to Compound and Balancer, among many…
China Trust Blockchain Committee Establishes CCAL Super Ledger – Asia Crypto Today
The China Trust Union Alliance Blockchain Committee has recently disclosed the launch of a blockchain project called CCAL Super Ledger. Also known as…
Ride-Hailing Giant Didi to Test Out DCEP to its 550 MIllion Users – Asia Crypto Today
China’s ride-hailing giant Didi Chuxing will soon pilot the country’s national digital currency (DCEP) as one of its supported payment methods. When rolled…
CBDC Arms Race Escalates as DCEP Gets Tested by Two More Giant Companies – Asia Crypto Today
China’s DCEP appears to be on fire as two multi-billion dollar companies have planned to test out the digital yuan as a payment…
Maker Dethrones Compound As DeFi Hits Near $3 Billion – Asia Crypto Today
Maker has recently outdone Compound in terms of total locked-up assets as the DeFi market primes to hit another new milestone. Meanwhile, the…
Digital Yuan Airdropped to Nearly 2 Million Citizens Lottery-Style – Asia Crypto Today
Compared to other CBDC projects, China’s Digital Currency Electronic Payment (DCEP) initiative is arguably the most advanced out there, boasting over 6 years…
China's Central Bank Head Wants to Accelerate Digital Yuan Public Launch – Asia Crypto Today
The deputy head of China’s central bank, Chen Yulu, has hinted at a possible acceleration of the digital Renminbi’s development and issuance (RMB).…
Central Bank to Alter Banking Law and Legalize DCEP and Ban Yuan Stablecoins – Asia Crypto Today
The People’s Bank of China (PBoC) aims to make it illegal to create tokens based on its digital yuan. On Friday, the Chinese…
DCEP Usage Has Breached 2 Billion Yuan – Asia Crypto Today
On Monday, the People’s Bank of China (PBOC) governor Yi Gang announced that 4 million separate transactions had been done so far using…
