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Shanghai Stock Exchange Pauses Ant Group IPO Over Regulatory Concerns
3.11.2020
The Shanghai Stock Exchange has suspended Ant Group's A-share IPO on its Star Board due to significant changes in the regulatory environment
Bitcoin slides 3% as Hong Kong seeks to end 'honeymoon' with crypto exchanges
3.11.2020
The price of Bitcoin fell by 3% so far this week amid growing regulatory pressure on cryptocurrency exchanges in China and Hong Kong
Huobi Denies Rumors That Senior Executive Was Arrested
2.11.2020
Huobi said Monday that rumors alleging one of its senior executives had been arrested were false
PBoC Governor Says ‘Successful’ Digital Yuan Trials Have Transacted $299M
2.11.2020
The governor of the People's Bank of China praised recent tests of the digital yuan at the Hong Kong Fintech Week conference on Monday
China’s digital yuan pilots have processed $300M so far, says PBoC head
2.11.2020
China’s digital yuan pilot program is picking up speed
$1.1 Billion Crypto Ponzi: Masterminds of Wotoken Head to Prison in China
31.10.2020
A Chinese court has confirmed the sentencing of the masterminds behind the 7.7 billion yuan Chinese Ponzi scheme Wotoken, which had over 715,000 investors. Wotoken Scammers Sentenced to Prison The Intermediate People’s Court of Yancheng city, Jiangsu province, denied an appeal by four...
China Should Take Part in Creating Regulatory Framework for Digital Currency, Xi Says
31.10.2020
China's president said the nation should proactively participate in setting the international framework
The company that coined the term ‘hash rate’ is not concerned about its recent decline
30.10.2020
Bitcoin's hash rate is down on the year, though the price remains largely unaffected
New Huawei smartphone will feature a hardware wallet for digital yuan
30.10.2020
The Mate40 series will reportedly enable dual offline transactions and allow users to control anonymity
Chinese city seeks to power urban governance and more using blockchain tech
29.10.2020
30 new blockchain adoption applications will be considered as part of the city's two-year plan
Will they or won't they? Central banks eye each other's digital currency moves
29.10.2020
Canada's central bank recognizes that CBDCs are a necessarily international issue
Mempool Clog: Bitcoin Hashrate Drops 40%, Backlog Shows Over 100K Unconfirmed Transactions
29.10.2020
The Bitcoin network hashrate has dropped significantly over the last four days sliding from a high of 161 exahash per second (EH/s) to 90 EH/s on October 27. Today, the Bitcoin hashrate has improved a hair as the network’s security is currently hovering around 100 EH/s. However, the mempool...
Digital yuan will combat US 'dollarization' says former PBoC governor
29.10.2020
“We need to prevent dollarization — this is one of the major designing points of the Chinese DCEP,” said Zhou Xiaochuan
China’s Coronavirus Outbreak Prompts Blockchain Adoption for Charity
27.10.2020
China’s banking and digital payment giants are using blockchain technology to add transparency to charity organizations' donation distribution networks
BTC hash rate slumps amid seasonal miner migration in China
27.10.2020
Analysts are anticipating Bitcoin’s second-largest negative difficulty adjustment of the year following the end of Sichuan’s rainy season
Alibaba’s Jack Ma praises the disruptive nature of digital currencies
26.10.2020
The current conservative international financial system doesn't suit young people or young economies, says Ma
Central bank digital currencies have the power to upend global finance
26.10.2020
Central bank digital currencies will fundamentally change our conceptions of money and its uses
Bahamas strikes first with Sand Dollar amid US–China CBDC faceoff
26.10.2020
Fed Chairman Powell sees no urgency to develop a CBDC, but eventually, the world’s top central bank must act, say experts
Digital yuan will work with WeChat and Alipay, says bank exec
26.10.2020
Details regarding the digital yuan's characteristics are taking shape
China's central bank lays regulatory foundation for CBDC
24.10.2020
The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties