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Market Update: Despite Uncertainty, BTC Longs Skyrocket
11.12.2019
Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying...
China: Former Central Bank Exec to Reportedly Head New Tech Regulation Division
11.12.2019
China’s securities regulator reportedly plans to set up a tech division that will be headed by the former chief of the central bank’s digital currency initiative
China’s SEC May Soon Have a Crypto-Savvy Department Chief: Report
11.12.2019
China's securities watchdog is reported to be hiring Yao Qian, the former head of the central bank's digital currency initiative, as the chief of its new tech regulation bureau
World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report
11.12.2019
The world’s second-biggest bank, China Construction Bank, launches blockchain-based refactoring platform
Wu Jihan Resurfaces As Bitmain CEO After Co-Founder Is Forced Out
10.12.2019
Tech billionaire Wu Jihan has reappeared at the helm of Beijing-based mining giant Bitmain
Tencent’s WeBank to Provide Infrastructure for China’s National Blockchain Consortium
10.12.2019
WeBank has become the first technical infrastructure provider for Chin’s blockchain network
People’s Bank of China to Launch Pilot Projects on Cryptocurrencies and Fintech Innovation
10.12.2019
China’s central banking authority, the People’s Bank of China (PBOC), is planning to roll out the pilot project focused on digital currency electronic payment in two of its major cities, namely, Shenzhen and Suzhou in the near future. Reports also affirmed that the PBOC is likely to put to the test...
State-Owned Chinese Bank to Finance Small Businesses With Blockchain Tech
10.12.2019
The China Construction Bank will help finance small businesses using a blockchain platform
After Hard Fork, Ethereum Takes Second in China's Blockchain Rankings
10.12.2019
Ethereum holds the second spot in China’s blockchain rankings after its latest hard fork
China Releases Year-End Crypto Rankings
10.12.2019
China’s Center for Information and Industry Development has published its year-end crypto project rankings. Thirty-five projects were evaluated and ranked overall as well as in three separate categories. Bitcoin has risen in ranking while EOS remains China’s favorite. Also read: China...
China’s Central Bank Uses Blockchain to Issue $2.8B Worth of Financial Bonds
9.12.2019
China issued $2.8 billion in blockchain-based special financial bonds for small and micro enterprises
China’s Central Bank Likely to Pilot Digital Currency in Cities of Shenzhen and Suzhou: Report
9.12.2019
The People's Bank of China is said to be preparing to launch pilots for its digital currency in Shenzhen and Suzhou from the end of the year
China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report
9.12.2019
Several Chinese banks and economic participants will reportedly pilot the digital yuan in two cities
Will the US Let China Beat Them in the Bitcoin and Blockchain Space?
9.12.2019
The world has seen several rivalries between nations. Be it between France and Germany, India and Pakistan, North Korea and South Korea, the UK and Ireland, and the United States and Russia, history has shown us some fierce struggles for power. Thankfully, times have changed, and physical wars...
China to Pilot Digital Yuan With Four Banks in Two Cities - Report
9.12.2019
Shenzhen. China’s central bank, the People’s Bank of China (PBoC) is preparing to test the digital yuan in Suzhou and Shenzhen, with a pilot launch now “imminent,” per a new report.
Media outlet Caijing Magazine says it has learned details about the pilot project, which it says is being jointly...
Report: ‘Blockchain Is A Rapidly Maturing Technology in China’
7.12.2019
A report by Forkast Insights calls blockchain in China a rapidly maturing technology “far beyond the experimental stage”
Bank of China Issues $2.8B in Bonds for Small Businesses Using Blockchain Tech
6.12.2019
Bank of China has issued 20 billion yuan, or about $2.8 billion, in blockchain-based bonds to small businesses
Bank of China Issues $2.8B in Bonds to Small Businesses Using Blockchain Tech
6.12.2019
Bank of China has issued 20 billion yuan, or about $2.8 billion, in blockchain-based bonds to small businesses
Huobi Token Outperforms Top 20 on China News
6.12.2019
Week-to-date, Huobi Token (HT), the ecosystem token of the Singapore-based cryptocurrency exchange, Huobi Global, is up almost 4%, outperforming the rest of the top 20 digital assets by market capitalization.
At pixel time (12:13 AM UTC), HT trades at c. USD 2.82 and is down by 1.5% in the past...
Chinese Central Bank Issues USD 2.8m Worth of Blockchain Bonds
6.12.2019
Source: iStock/杨培培
The People’s Bank of China (PBoC) has issued some USD 2.8 billion worth of blockchain-issued financial bonds to small business loans in China.
Per reports from Xinhua and Naeil Shinmun, the central bank says that it used its “own independently developed blockchain bond issuance...