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China Changes its Stance Towards Bitcoin Mining
6.11.2019
China’s state planner, the National Development and Reform Commission (NDRC), has reportedly removed Bitcoin mining from the list of industries that might be eliminated.
Cryptocurrency mining has not been included in the finalized catalog for Guiding Industry Restructuring that will take effect...
China Scraps Plan to Categorize Bitcoin Mining as Industry to Be Eliminated
6.11.2019
China's top economic planning agency has scrapped the plan to categorize bitcoin mining as an industry to be eliminated from the country
Peter Schiff: China's Gold-Backed Crypto Would Be Bearish for Bitcoin
5.11.2019
Bitcoin has no backing, Peter Schiff reminds Max Keiser
500.com’s “Blue Paper” Highlights Blockchain Solution for China’s Lottery Fraud
5.11.2019
The leading Chinese online sports lottery service provider, 500.com, has recently released a report that sheds light on how blockchain technology can transform the country’s massive online gambling industry. Dubbed as the “Blue Paper on Blockchain Technology for China’s Lottery Industry,”...
China Introduced a Smart City Identification System Based on Blockchain Technology
5.11.2019
China seems to be a frontrunner when it comes to blockchain-based real-world implementations. In the long list of technological deployments related to blockchain, the Chinese have added an independently developed identification system for smart cities. A smart city project is an amalgamation...
Joe Lubin: China Will Avoid Blockchain’s ‘Decentralizing Aspects’
5.11.2019
Ethereum co-founder and ConsenSys CEO Joe Lubin says he doesn’t see a reason for China’s central bank to implement blockchain for the digital yuan
China Embraces the Race for Blockchain Supremacy; Set to Become a “Powerhouse”
5.11.2019
Chinese President, Xi Jinping, recently endorsed the country’s efforts in blockchain technology, reinstating the fact that China sees the technology as an integral part of the country’s plan to race ahead of the U.S. in tech supremacy. Only last week, the President has dubbed blockchain and...
China Now Censors Anti-Blockchain Sentiment, Educates Public on Bitcoin
5.11.2019
Officially Bullish on blockchain technology, China is now reportedly censoring anti-blockchain sentiment. Meanwhile, a popular Chinese app with over 100 million active users has recommended a course on bitcoin, blockchain, and smart contracts. The app is designed to teach “Xi Jinping...
China Introduces Blockchain-Based Identification System for Cities
5.11.2019
China developed a blockchain-based city identification system for its smart city infrastructure
Huawei Signs Deal With Digital Currency Research Unit of China’s Central Bank
4.11.2019
Huawei has signed a strategic cooperation agreement with the People’s Bank of China’s Digital Currency Research Institute
Central Bank Blockchains and Corporate Ledgers Are Still Vaporware
4.11.2019
There’s been a resurgence of blockchain discussion this year, especially after China’s President Xi Jinping lauded blockchain and told Chinese citizens the country needs to accelerate distributed ledger technology development. Despite the lack of producing anything worthwhile, for some...
China: Blockchain Is the Future But Keep it Rational — Avoid ‘Aircoins’
4.11.2019
China’s official state-owned media is promoting “orderly blockchain innovation” but cautioning against speculative cryptocurrency hype
After Painful 2018, Chinese Blockchain VCs Are Getting Back Into the Market
3.11.2019
After the crypto market crash last year, Chinese venture capital firms are taking another look at blockchain
Another Chinese Lender Bailed Out After Bank Run
3.11.2019
Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that...
23 Central Banks Divulge Their Digital Currency Requirements
2.11.2019
Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their...
Bitmain's New IPO Attempt in Jeopardy as In-Fighting Goes Public
2.11.2019
Critics are divided over Bitmain and Canaan Creative’s IPO bids. Plouton Mining CEO Ramak J. Sedigh told Cointelegraph: “The road forward becomes much harder and the climb to success steeper”
Bitcoin Mining Power Sees Short-Term Drop as Rainy Season Ends in China
1.11.2019
After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China
China’s Tech Capital Shenzhen Issues 10 Millionth Blockchain Invoice
1.11.2019
The Chinese city of Shenzhen has seen 10 million blockchain-based invoices issued using blockchain technology
Expert: US Should Cut Crypto Firms Some Slack to Compete With China
1.11.2019
The United States must catch up with China when it comes to central bank digital currency, say analysts
Binance Plans New Office in Beijing in First Presence in China Since 2017
31.10.2019
In a possible homecoming to China, Binance plans an office for Beijing