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Germany Takes Over FATF Presidency With New Guidance to Help Countries Apply Crypto Standards
4.7.2020
The Financial Action Task Force (FATF) has a new president as Germany took over the presidency from China. The intergovernmental organization also highlighted the need for more guidance on cryptocurrencies as many countries have not yet fully implemented its revised crypto standards. Another review...
Chinese Supply Chain Innovator to Develop Blockchain System for SMEs
3.7.2020
The Binance China Blockchain Institute has partnered with a state-level enterprise to jointly develop new digital infrastructure for small and medium enterprises in the country
Chinese Economist Says 2020 Is the Tipping Point for Blockchain
2.7.2020
Chinese economist says signs have shown 2020 is an important year for integrating blockchain within all industries
Bitfinex Investor Reportedly Detained by the Chinese Authorities
2.7.2020
Zhao Dong was taken in custody by the police with no official statement as to his detention
China Police Said to Detain Crypto OTC Traders Amid Money Laundering Crackdown
2.7.2020
Chinese police are stepping up efforts in cracking down on illegal economic activities, which now leads to crypto over-the-counter (OTC) traders being detained to assist investigations
Confusion Reigns in China as RenrenBit CEO Reportedly Detained by Police
2.7.2020
Chinese media outlets are reporting that Zhao Dong, the head of over-the-counter (OTC) and crypto lending platform RenrenBit and a prominent Bitfinex investor has been taken in for questioning by police.
Per reports from media outlet BlockBeats and Chainnews, “rumors” are circulating in online...
Kazakh Gov Plans to Double Its Investment in Digital Currency Mining
1.7.2020
Kazakhstan says it will double its digital currency mining investment at the end of this year, and is eyeing a CBDC
Gold Industry Shaken as 83 Tons of Fake Gold Bars Used to Secure $2 Billion Loans in China
1.7.2020
The gold industry has been shaken after it was discovered that 83 tons of fake gold bars have been used as collateral for loans worth 20 billion yuan from 14 financial institutions to a major gold jewelry manufacturer in Wuhan, China. This amount of gold “would be equivalent to 22%...
Beijing Plans to Foster DLT Unicorns Through New Blockchain Investment Plan
1.7.2020
China’s capital city has unveiled an ambitious plan to transform Beijing into a global hub for private blockchain innovation and leader in public DLT deployment
China Highlights Blockchain in Pandemic Preparedness Strategy
1.7.2020
China is looking into the use of blockchain technology to promote data sharing among medical institutions amid future pandemics
Tether: Challenging the USD’s Hegemony, Championing CBDC and Beyond
30.6.2020
Exploring six major points regarding Tether’s impact on geopolitics and the future development of sovereign digital currency
BitMEX Owner HDR Appoints Former Bank of China Exec to Board
30.6.2020
HDR Global Trading said David Wong – a former deputy CEO at Bank of China – will join its board as a non-executive chairman
US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain
30.6.2020
U.S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29. The miners will...
Massive Cyberattack on Australia Uses Cryptojacking Exploits
28.6.2020
A report from the Australian Cyber Security Centre highlights a vulnerability related to attacks using cryptojacking malware
Not Like Before: Digital Currencies Debut Amid COVID-19
27.6.2020
The coronavirus pandemic has forced governments worldwide to focus on bringing blockchain tech to their financial services
Ebang Hits Nasdaq IPO Running With Ambitious Expansion Plan
26.6.2020
Chinese mining company Ebang has yet to see a positive net income in 2020, but an IPO might give it a jumpstart
China Gets Its First Blockchain-Based Public Resource Bidding Platform
26.6.2020
China’s Yunnan Province has developed the country’s first blockchain-based public resource bidding platform
Ebang to Establish Crypto Exchange and Mining Farms After Going Public
26.6.2020
The mining equipment firm, scheduled to go public via Nasdaq later today, is preparing for a massive expansion
Regional CBDCs Can Fuel International Trade, but USD Seems Unbeatable
25.6.2020
As Libra and COVID-19 give a push to CBDCs, some projects are looking to dethrone the main international currency
Ripple Chief: US Risks ‘Chaos’ by Letting China Win Blockchain Race
25.6.2020
Ripple executive chairman and co-founder Chris Larsen has warned Washington to “get a lot more involved in blockchain,” stating that the United States is “slow to the game” – and is allowing China to pull ahead in the race to digitize finance.
In a video conversation with Wall Street Journal...