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China Is Drafting Laws for the Circulation of National Digital Currency
26.3.2020
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what...
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...
China May Ramp up Digital Currency Progress to ‘Fend off Risk’ from US
25.3.2020
The coronavirus pandemic has disrupted China’s economy, but not its digital currency plans. And amid reports that the country is nearing a major breakthrough in its plans to launch a digital fiat, one of the project’s key figures is urging caution lest American rivals steal a march on the Middle...
Justin Sun Happy With China’s Decision to End Lockdown in Wuhan
25.3.2020
Justin Sun, the TRON spearhead and a renowned business personality of the crypto industry, showed his overwhelmingness while announcing that China is all set to end the lockdown on Wuhan imposed earlier to control the spread of COVID-19. He released a chain of tweets on his official Twitter handle...
Turning A Crisis Into An Opportunity, China Gets One Step Closer to CBDC
24.3.2020
China is getting one step closer to a digital Yuan as the central bank has completed the CBDC basic function development
MakerDAO’s Gustav Arentoft: Decentralization Is Not a Binary Choice
24.3.2020
MakerDAO expanding to South East Asia: “When we started talking with them, we had 10 or 20,000 people on the platform. Now, before we have even launched, we had more than 600,000 people pass through KYC”
Alipay Patents Reveal More Details About China's Forthcoming CBDC
24.3.2020
A series of patents published by Alipay give more details of how China’s CBDC will work
Over 172 Million Weibo Users Personal Data Is For Sale on Dark Web
23.3.2020
Chinese social media giant Weibo sees massive data breach, with data from millions of user accounts for sale for Bitcoin on the dark web
Blockchain Salaries in China Dropped 37% in 2019: Report
23.3.2020
Salaries offered to blockchain professionals in China dropped 37% in 2019, according to a new report issued under the guidance of Tsinghua University
Report: ICO Fundraising Plummeted 95% Year-Over-Year in 2019
23.3.2020
While ICO fundraising fell 95% from $7.8 billion in 2018 to $371 million last year, equity fundraising is thriving among crypto startups
IOST Shines as the First Blockchain Network Interviewed by AWS China
23.3.2020
Taking pride in being the globally acclaimed blockchain network offering world-class security and scalability features, IOST has added a feather to its credit as it becomes the first blockchain project to be interviewed by the leading cloud computing provider, Amazon Web Services or AWS China....
Is Staking the Answer to Cryptocurrency’s Mining Problems?
23.3.2020
Here’s how proof-of-stake chains, where the network is secured by staking, could help to solve today’s mining problems
DHS Names Blockchain Managers" Among "Critical Infrastructure" Workers
23.3.2020
The DHS report names blockchain managers as “critical infrastructure” workers who must maintain normal working schedules during the coronavirus lockdown
Bank of China Continues Anti-Crypto Narrative on WeChat
22.3.2020
Bank of China continues to voice its distaste for crypto and urges the public to pay attention to scams
Market Update: Bulls Return, 120 Million Tethers Minted, Bitcoin Halving Looms
20.3.2020
On March 20, cryptocurrencies jumped in value erasing some of the losses that took place over the course of the market carnage last week. The entire cryptoconomy gained a quick $39 billion during Thursday and Friday’s trading sessions and global trade volume has spiked significantly as well....
China’s Changing Perception of Bitcoin: Bitkan CEO Shares Insights After 7 Years in Crypto Industry
20.3.2020
Since the advent of bitcoin in 2009, cryptocurrencies have gone from being a niche topic for tech nerds to ubiquitously recognized — if not always understood — staples of modern finance. Bitkan CEO Liu Yang recently took some time out to give news.Bitcoin.com a peek into the Chinese...
China and US Initiate Clinical Trials of Coronavirus Vaccine
20.3.2020
While the entire world is battling with the deadly coronavirus pandemic, the recent news coming in from China and the U.S is a soothing breeze for one and all. Reports have surfaced all over the internet, claiming that researchers from China and the United States of America have started clinical...
Huobi University Principal Says Without 2020 Financial Crisis, There Is No Blockchain Boom
20.3.2020
During a live broadcast, Huobi University Principal commented that without 2020 financial crisis, there is no blockchain boom
China Everbright Bank Uses Ant Financial’s DLT for Supply Chain Finance
18.3.2020
China’s major commercial bank, China Everbright Bank, has deployed a blockchain-based supply chain finance solution by Ant Financial
Eastern Caribbean Central Bank’s CBDC Could Beat China to the Punch in 2020
18.3.2020
The Eastern Caribbean Central Bank will start issuing its blockchain-powered CBDC later this year, but will it beat China and others to the punch?