E-Yuan, the currency that YuanPay Group is peddling, is said to be the Chinese State's official cryptocurrency. Close. The ⦠Chinaâs Digital Yuan Is Seemingly Near Completion, JD.com Employees Paid in e-CNY Chinaâs central bank digital currency (CBDC) thatâs being ⦠Posted by 26 days ago. Coinbase is one of the largest cryptocurrency exchanges in the world, but its selection of tokens isn't necessarily that large. Bitcoinâs fall over the weekend terminated a rally that has endured for months, and arrived after Coinbaseâs substantial IPO last week, which valued the crypto exchange at nearly $100 billion. The big cryptocurrency news from last week was Coinbase going public with a valuation of $86 billion. Why does China need his own cryptocurrency? Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency. The last known price of Yuan Chain Coin is 0.02106253 USD and is down -0.66 over the last 24 hours. Needless to say, if this is true, then itâs a big deal. Weâre already seeing the various superpowers of the world battling it out over cryptocurrency, with the SEC seeking regulations and the EU moving to create its own coin. As the Coinbase public listing approached, a lot of analysts were looking for a $100 billion valuation. According to their website, Coinbase "charges a spread of about one-half of one percent (0.50%) for cryptocurrency purchases and cryptocurrency sales." Yuan Chain Coin (YCC) is a cryptocurrency and operates on the Ethereum platform. Coinbase became the first cryptocurrency exchange to list in New York this month, gaining a valuation more than that of the company behind the Nasdaq exchange it ⦠4. If youâre experiencing an issue with your Coinbase account, please contact us directly. The cryptocurrency exchange founded by Brian ⦠#InfoAddict According to Yi Gang, the Governor of the Central Bank of China (aka Peopleâs Bank), crypto-yuan is needed to replace part of the Chinese money supply, primarily cash.At this same time, deposits and account balances will not be affected yet. Crypto exchanges like Coinbase are dependent primarily on the price of Bitcoin. To put it into perspective, as Bitcoinâs price surged 120% this quarter, Coinbaseâs revenue tripled. As Bitcoin rises, Coinbase rises at a rate of about 1.5 due to higher fees from the higher price of Bitcoin and the new monthly transacting users it attracts. Yuan Chain Coin has a current supply of 10,000,000,000 with 0 in circulation. Chinaâs Release Of The e-Yuan Cryptocurrency Attracts Global Attention from Investors. Please report any individual impersonating Coinbase staff to the moderators. You should only trust verified Coinbase staff.
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