The government is taking action against growing electricity demand by shutting down local crypto mining operations in Chinas Anhui Province.
Employees of six top banks in China have been tasked with promoting digital Yuan wallets to 200 to 300 people a year.
Digital Yuan is now accepted by Beijing's rail transit services for subway rides through integration with the Industrial and Commercial Bank of China.
A major crypto mining pool that is operated by BIT Mining and owned by the NYSE-listed Chinese lottery service provider 500.com — has announced the successful...