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IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020
15.1.2020
Global debt records were broken in 2019, but that likely won’t be the end of such ominous economic milestones, the Institute of International Finance (IIF) predicts. The number could reach $257 trillion sometime in Q1 2020, according to a recent report by the group. Economies worldwide...
Crypto Community Eyes US–Iran Crisis As Tensions Flare
14.1.2020
As good as gold? Not so fast. “It appears a decent internet connection is crypto’s newest Achilles heel.”
Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia
14.1.2020
In this roundup, we cover EU-wide crypto regulations and individual countries’ new digital asset rules including Austria and the U.K. We also cover numerous crypto regulatory developments in the U.S., China, Japan, South Korea, India, and the Philippines. Also read: Regs Roundup: SEC Actions...
China Issues Digital Currency Guide for Party Cadres
14.1.2020
Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming changes in...
MARKETS DAILY: China Moving Closer to Digital Yuan Launch
13.1.2020
Markets Daily is back with the most important news impacting crypto markets today
Mobile Phone Retailer Joins China’s Blockchain Land Grab With US Startup Investment
13.1.2020
One of the largest smartphone retailers in China is stepping into the blockchain world by investing in U.S.-based startup Monsoon, valuing the firm at over $100M, sources said
China Hopes New Book Will Verse Communist Party Members in Crypto
13.1.2020
Digital Currency: A Reader for Cadres
The Communist Party of China (CPC) wants high ranking government staff to learn about cryptocurrency and blockchain – and has approved the release of a new book specially designed for its cadres.
The 200-page book was published in November last year and...
Digital Currency Manual for Chinese Officials in High Demand, Enters Second Printing
13.1.2020
Chinese party officials show interest in a manual on digital currencies as the government opens to blockchain technology
China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year
13.1.2020
On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $11.4 billion...
US and European Regulators Say Crypto a Priority This Year
12.1.2020
Several regulators in the U.S. and Europe have made cryptocurrency among their top priorities this year. The Securities and Exchange Commission’s compliance office and the European Securities and Markets Authority, in collaboration with other regulators, have outlined their plans to focus...
Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance
11.1.2020
During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC’s hashrate increased by 80% in 2019, even...
China’s Central Bank: Here’s the Latest on the Digital Yuan
10.1.2020
China's central bank said several "top-level" processes in developing a digital yuan are "almost complete
ANALYSIS: The Global Game of Coins Heats Up
10.1.2020
A new paper from the PBoC says the “top-level” design of its digital currency is complete while AMLD5 in Europe is causing crypto companies to flee
Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump
10.1.2020
On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan has launched a series of five...
China’s Central Bank Completes Top-Later Design and Joint Tests of Planned CBDC
10.1.2020
People’s Bank of China has announced the realization of the top-layer design and joint testing of the planned digital yuan
Blockchain Developer Ant Financial Ranks Fifth Largest Private Firm in China
10.1.2020
Alibaba affiliate Ant Financial has been ranked the fifth most valuable private firm in China
Low Interest Rates Provide Precarious Protection Against Crisis, World Bank Warns
10.1.2020
The latest global debt wave is the largest in the past five decades, the World Bank has acknowledged in a new report. The international institution notes that previous waves of broad-based debt accumulation lead to widespread financial crises. Historically low interest rates this time might not...
China Prepares for CBDC With Cryptography Law on Encryption Standards
10.1.2020
China is continuing its blockchain-positive, anti-anonymity course with the new Cryptography Law — it requires private firms to reveal their encryption services and more
China’s nationwide blockchain network
9.1.2020
CoinMarketCap Daily Newsletter Your daily newsletter for 9 January, 2020 “What I like to do is try to make a difference with the work I do.” - David Bowie In today's newsletter, we will be covering: China's nationwide blockchain network BSN […]
The post China’s nationwide blockchain...
China’s nationwide blockchain network
9.1.2020
CoinMarketCap Daily Newsletter Your daily newsletter for 9 January, 2020 “What I like to do is try to make a differenceContinue Reading
The post China’s nationwide blockchain network appeared first on CoinMarketCap