RATE Group | Weekly roundup (3-10 January 2020)
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Weekly roundup (3-10 January 2020)

09 Jan Weekly roundup (3-10 January 2020)

Posted at 18:42h in Cryptocurrency News by

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Happy new year everyone! The team at Asia Crypto Today wishes you all good health and big gains in the coming year! Whilst it’s only been 1 week into the new year, we’ve been treated to huge announcements on a national level from China and South Korea. These announcements will certainly shape and dictate the direction of the cryptocurrency scene in the coming year. And of course the crypto scene thrives on drama, and we’ve certainly seen that as the internal conflicts in Bitmain have carried over into 2020. Let’s look at the top Asian cryptocurrency news this week:

China’s National Cryptocurrency- No test run yet, but everything’s going smoothly

The People’s Bank of China (PBoC) held its Working Conference from 2-3 January 2020. In their press statement the PBoC reported that the development of fiat digital currency i.e. DCEP was progressing smoothly in 2019. Looking forward to 2020, the PBoC intends to implement its fintech development plan and…

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