Tag Archives: xi jingping

Popular Bitcoin payment processor BitPay has sealed a partnership with fiat-to-crypto payment processor Simplex, enabling users to purchase Bitcoin and other cryptocurrencies directly within the BitPay app using a credit card. They can also transfer funds, make purchases and send money to friends from a single dashboard.In providing BitPay with a fiat onramp to conduct and settle crypto transactions, Simplex has created a major on-ramp to the cryptoconomy. Over 30,000 merchants use BitPay,...

Blockchain has been a buzzword for some time, evoking a sense of mystery and magic for tech enthusiasts – or just plain confusion for the average Joe.Despite the hype, it’s also received a fair amount of criticism – largely from those in the mainstream financial world who, due to their skepticism of cryptocurrency such as Bitcoin, have gone to bash its underlying technology.Blockchain technology has also received flak from those who say it is too complicated to implement. And then there are...

It seems China was really serious when talking about its digital currency. Even though China was trying to forbid cryptocurrency mining and trading, for the last three months it is in the process of creating its own.Head of the People’s Bank of China’s (PBoC) Digital Currency Research Institute, Mu Changchun, stated that the country’s digital yuan is finally ready for trials. The central bank digital currency (CBDC) will, as per the announcement, not come as a volatile asset like Bitcoin or...