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Chinese Banks Seek New Applications for Digital Yuan in Investment and Insurance
1.9.2021
Two Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment funds and insurance products using the new currency. Chinese Banks Partner With Fund Managers...
India Seizes Bitcoins Worth $1.2 Million From Hacker of Government Website and Crypto Exchanges
17.1.2021
Indian police have seized $1.2 million in bitcoin from a hacker who allegedly hacked a government website, online game portals, and cryptocurrency exchanges. He was previously arrested for stealing $1.5 million from an Indian state government. Indian Police Seize Bitcoins From Hacker The Bengaluru...
CCB-backed Blockchain-powered Bond Issuance Saga Takes a New Turn
4.12.2020
There appears to have been another twist in the tale of the China Construction Bank (CCB)’s Malaysian branch and its aborted launch of blockchain-powered bonds that were set to be tradeable for bitcoin (BTC) via a Hong Kong-based exchange.
Just weeks after CCB pulled the plug on the issuance at...
CCB Corrects Blockchain Bond Reports…and Says a Big Fat ‘No’ to BTC
13.11.2020
Days after media outlets from all over the world reported that the Labuan branch of the China Construction Bank (CCB) had issued the nation’s first-ever blockchain-powered RMB bonds, the bank in question has moved to deny the veracity of the reports, adding that it has no links with...
Major Chinese Bank Selling Bonds Worth $3 Billion for Bitcoin
11.11.2020
China Construction Bank, one of the “big four” banks in China, is selling $3 billion in bonds that can be paid for with bitcoin. The bonds will be listed on a regulated Malaysian digital asset exchange. Beijing-based China Construction Bank (CCB) is selling $3 billion in bonds...
Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly
29.8.2020
One of China’s biggest banks recently opened up registration for wallets using the country’s central bank-backed digital currency. There are four levels of the wallet, according to reports. However, the bank took the offer down a few hours later. China’s Digital Currency Wallet...
World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
25.3.2020
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...
Nike tokenizing shoes on the blockchain
23.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 11 December, 2019 “The learning process continues until the day you die.” - Kirk Douglas In today's newsletter, we will be covering: World's 2nd-largest bank CCB launching blockchain refactoring Nike patenting a system for […]
The post...
Nike tokenizing shoes on the blockchain
11.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 11 December, 2019 “The learning process continues until the day you die.” - Kirk Douglas In today's newsletter, we will be covering: World's 2nd-largest bank CCB launching blockchain refactoring Nike patenting a system for […]
The...
World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report
11.12.2019
The world’s second-biggest bank, China Construction Bank, launches blockchain-based refactoring platform
Chinese Banking Giant CCB Expands Blockchain Platform as Volume Breaks $53 Billion
11.10.2019
Chinese banking giant CCB has expanded its trade finance blockchain platform with cross-chain and inter-bank transactions