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Where is China’s blockchain, digital economy heading? The upcoming ‘Two Sessions’ may give some pointers

China’s “Two Sessions” meetings kick off Saturday for the most important annual political gatherings where authorities are expected to lay out the country’s economic plans for the year ahead and reshuffle key jobs.Initiatives for building a digital economy are expected to be high on the agenda.The National People’s Congress (NPC),

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Digital Asset Investment Products’ AUM in February Reaches Highest Level Since May 2022

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a

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Top US Treasury Official Says Leaders ‘Actively Evaluating’ Digital Dollar Question

Setting up a digital dollar, she said, “could help preserve the dollar's global role,” and possibly reduce frictions in cross-border transactions. But even if the U.S. doesn’t issue one, she said government officials are exerting influence with U.S. allies toward “responsible development of CBDCs” in other places, noting that 11

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Marathon Digital Expected to Rake in $38.4M in Q4 2022 Revenue Despite SEC-induced Reporting Delays

Despite SEC reporting delays, crypto miner Marathon should see its Q4 2022 revenue triple quarter-over-quarter. According to reports, Marathon Digital Holdings, Inc (NASDAQ: MARA) expects to post $38.4 million in revenue for Q4 2022. Although this sum triples what the crypto miner made in the preceding quarter, it is still

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Marathon Digital bungles crypto impairment sums, will reissue financials

Bitcoin (BTC) miner Marathon Digitial will reissue a number of previous financial statements after the Securities and Exchange Commission (SEC) pointed out some accounting errors the firm made.According to a Feb. 27 SEC filing, Marathon will restate its unaudited Q1, Q2, and Q3 quarterly reports from both 2021 and 2022

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