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China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic
3.2.2020
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into...
Coronavirus Outbreak Forces Chinese Crypto ASIC Manufacturers to Delay Orders
3.2.2020
Bitcoin mining rig deliveries from China are delayed due to the coronavirus according to a few Chinese manufacturers. Microbt and Ebang sent notices to customers via the firm’s Wechat channels. Sources say Bitmain and Innosilicon are delaying mining device shipments as well. Also read: How...
Prof. Michael Sung Talks About the Rise of the Digital Yuan
3.2.2020
The story of the digital Yuan is more complex than we knew and Professor Michael Sung explains why
IBM Offers Blockchain Solution for Casual Labor Contracts
3.2.2020
Tech giant IBM says blockchain can help enterprises manage casual work contract reconciliation
China Worries Driving South Korean Central Bank to CBDC Research
3.2.2020
The South Korean central bank is launching a second central bank digital currency (CBDC) team – a year after disbanding its first group of CBDC researchers.
The central Bank of Korea (BOK) announced its intentions to launch the new unit, which it says will conduct CBDC-related research, in what...
Bitcoin Price Forms ‘Golden Cross’ as China Panic Prints $170B
3.2.2020
China attempts to buoy markets with 1.2 trillion yuan as markets fall and analysts closely watch Bitcoin’s reaction
Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan
3.2.2020
With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan...
Is the Future of Blockchain Tech Innovation in the East?
1.2.2020
China, South Korea or India: Who will replace the U.S. as the world’s tech leader?
Coronavirus Controls in China Are Delaying Crypto Miner Deliveries, Firms Say
30.1.2020
MicroBT and Canaan have notified customers they would be delaying ASIC deliveries due to the Chinese government's quarantine of Wuhan following the coronavirus outbreak
India Unveils National Blockchain Strategy, Calling on RBI to Issue Digital Currency
29.1.2020
India’s National Strategy on Blockchain has been published. It recommends, among other things, for the Reserve Bank of India (RBI) to issue a central bank digital currency. The Ministry of Electronics and Information Technology tasked the National Institute for Smart Government with drafting...
Deutsche Bank Report: Digital Yuan Could Upset Global Power Balance, Plastic Will Die, Cash Survive
29.1.2020
A new report from Deutsche Bank Research, Digital Currencies: the Ultimate Hard Power Tool, predicts that cash payments will remain for decades, but the emergence of digital payments “will lead to the death of the plastic card.” The report, which is the third installment in a series...
Ex-PBoC Governor Urges China to Join Global Conversation on Libra
28.1.2020
A former senior official with the People’s Bank of China (PBoC) believes the nation should join a global conversation about regulating stablecoins, with a particular focus on the Libra stablecoin
BTC Price Back at $9,000 But No, Coronavirus Isn't 'Good for Bitcoin'
28.1.2020
Bitcoin’s weekly gains will not see constant support from coronavirus uncertainty, trader says
Deutsche Bank: Cryptocurrencies Won’t Replace Cash ‘Anytime Soon’
27.1.2020
Cash is unlikely to disappear anytime soon despite the decline of its use as a payment method and the surge of digital currencies, Germany’s largest bank believes
Blockchain, not Bitcoin: China’s BTC Volume on LocalBitcoins Hits 2-Year Low
27.1.2020
China’s Bitcoin trading volumes hit a two-year low despite president’s call to open doors to blockchain technology
Over 700 Blockchain Firms Founded This Month in China, Over 26,000 In Operation
27.1.2020
Over 700 blockchain firms have already been founded in China in 2020, though registered operating capital among the vast majority of them is very low
How Coronavirus Outbreak in China Could Weigh on Crypto Prices
27.1.2020
The coronavirus outbreak in China could curb flows into crypto assets from investors and dampen the recent rally in the global market, industry pros say
How Coronavirus Outbreak in China Could Weigh on Crypto Prices
27.1.2020
The coronavirus outbreak in China could curb flows into crypto assets from investors and dampen the recent rally in the global market, industry pros say
How Coronavirus Outbreak in China Could Weigh on Crypto Prices
27.1.2020
The coronavirus outbreak in China could curb flows into crypto assets from investors and dampen the recent rally in the global market, industry pros say
Financial Institutions Use Stablecoins to Shake Things Up in 2020
26.1.2020
2020 has kicked off with a lot of excitement and announcements around stablecoins. Will these top institutions and companies lead the front towards a stablecoin-ruled world