This is a China news story, published by CoinGape, that relates primarily to Ming Zhang news.
For more China news, you can click here:
more China newsFor more Ming Zhang news, you can click here:
more Ming Zhang newsFor more crypto trading & speculation news, you can click here:
more crypto trading & speculation newsFor more news from CoinGape, you can click here:
more news from CoinGapeOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about
US Crypto Strategic Reserve. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest digital yuan news, digital currencies news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
foreign digital currenciesCoinGape
•Business
Business & Economics
76% Informative
Since 2021 , China has enforced a blanket ban on cryptocurrency mining and trading, with the Chinese government focusing solely on promoting its central bank digital currency ( CBDC ), the digital yuan .
While China is following a more centralized approach to the adoption of cryptocurrencies, the US is making significant strides in the pro-crypto regulatory jurisdictions.
China has officially banned Bitcoin trading and mining, but its connection to BTC remains complex yet significant.
China ’s central bank digital currency ( CBDC ), known as the Digital Yuan (e-CNY), is one of the most advanced and widely tested CBDCs globally.
Ming Zhang suggests promote the construction of China 's stable currency.
The flourishing of various digital currencies is naturally better than the U.S. dollar monopolizing the development track of digital currencies.
VR Score
71
Informative language
67
Neutral language
39
Article tone
formal
Language
English
Language complexity
66
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links
Small business owner?
