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US Fed Weighs Up Potential CBDC as Countermove Against China

28.11.2019
Fed Chairman Jay Powell puts the agency’s economic theories on display in a recent letter to U.S. representatives asking: “What about a USD stablecoin?”

KPMG Launches DLT Supply Chain Tool in Australia, China and Japan

28.11.2019
KPMG’s new blockchain-based track and trace platform to increase the transparency of supply chains in Australia, China and Japan

Another Bank Run Highlights China’s Brewing Financial Crisis

28.11.2019
A regional lender has become the latest victim of the growing liquidity crunch in the world’s most populous country. Yingkou Coastal Bank, operating in the northeastern Chinese province of Liaoning, is the second institution within less than a month to see its financial stability threatened...

First Five Victims of Renewed China's Crackdown on Crypto Announced

28.11.2019
Recently, at least five local Chinese crypto exchanges have halted operations or announced they will no longer serve domestic users as the country started a new crackdown on crypto trading. Last week, Chinese exchange operators Bitsoda and Akdex announced termination of service, according...

Former PBoC Head: China’s Digital Yuan Will Favor Payments and Retail

26.11.2019
Longest-serving PBoC governor says China will continue to focus on its digital yuan as a mechanism for domestic retail systems and payment

China’s Digital Yuan Will Target Retail Payments First, Ex-Central Banker Says

26.11.2019
Former PBoC head Xiaochuan Zhou says the digital yuan will enable retail payments first, but might need a different technical design for cross-border payments

Gold and Silver Follow Similar Trend to Bitcoin, React to News About China

26.11.2019
With crypto prices moving after almost every positive or negative bit of news related to China, gold and silver markets have been reacting to such events as well. With some exceptions, the overall trend in their value has been negative since September. The prospects of both digital coins...

Goldman Sachs Alumnus: China Will Eventually Legalize Crypto Exchanges

26.11.2019
Before China legalizes cryptocurrency exchanges, crypto must become "a real asset class," according to a co-founder of a Singapore based hedge fund, Spartan Capital. “There is nothing sinister or worrying about this round of crackdown, nor is this the first time it has happened in China,” but...

4 Possible Reasons Bitcoin Dropped to $6.5K, According to VanEck Exec

26.11.2019
China and taxes may be behind $6,500 Bitcoin price drop

Don’t Blame China: Why BTC Still Can’t Compete With Fiat

26.11.2019
In the wake of recent price movements, doubts are beginning to crop up more and more around BTC maximalist circles. As focus shifts from Satoshi’s founding vision of the coin as cash to a mere digital gold to be saved and “cashed out” later, valid questions are indeed raised....

Regulatory Roundup: China Rekindles Cleanup, US Widens Oversight, India Defers Decisions

25.11.2019
News.Bitcoin.com has initiated a regular roundup of cryptocurrency regulatory developments around the world. For the first edition, we cover six U.S. regulators and India’s decisions on the supreme court hearing and crypto bill. We also cover China’s rekindled cleanup...

Markets Daily: ETF Arguments and China Token Troubles

25.11.2019
Welcome to CoinDesk Markets Daily, a new podcast that gives you all the trading news you need in 10 minutes

Crypto Market’s Overreaction to Xi’s Blockchain Remark Prompts Tougher Crackdown

25.11.2019
The market’s overreaction to President Xi’s praise of blockchain technology has prompted another crackdown, dashing hopes for a crypto-friendly China

89% of Chinese Blockchain Firms Have Tried to Issue Crypto: Report

25.11.2019
89% of China’s blockchain firms have tried to issue their own token or crypto, according to a senior exec at a local blockchain association

25,000 Blockchain Firms in China Tried to Issue Cryptos, Senior Official Claims

25.11.2019
Some 25,000 Chinese companies have tried to issue their own tokens over the past few years, a new report authored by five government agencies claims

China's Dive Into Blockchain, Digital ID Spurs Rest of World to Action

24.11.2019
How is China implementing blockchain in the public sector and will it be a blockchain-driven country of the future?

China’s Crypto Game—Understanding the Dragon’s Move

24.11.2019
China has been one of the staunch critics of cryptocurrencies and has always adopted a reserved approach. The country has strict and stringent laws imposed on the crypto industry, which forced several companies to either end operations or move their bases out of the country. Ironically, some of...