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Nalezeno "China": 3582

At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows

16.9.2019
In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession....

Chinese Authorities Plan Crackdown on Crypto Mining in Inner Mongolia

14.9.2019
Chinese regulators look to new regulation for crypto mining in Inner Mongolia

Crypto Facilitates Money Transfer for Restricted China

14.9.2019
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...

PR: Bitmain’s Announces Highly Anticipated World Digital Mining Summit

12.9.2019
The World Digital Mining Summit (WDMS) hosted by Bitmain – the world’s top 10 and China’s second largest fabless chipmaker – is set to return on 8-10 October in Frankfurt with a focus towards industry investment and innovation for the mining sector. The post PR: Bitmain’s Announces Highly...

Chinese Police Reportedly Close Office of ICO Startup

11.9.2019
Offices of Chinese initial coin offering startup GXChain have reportedly been closed by local police

American Corporations are Pulling Out Their Investments from China, Reveals Survey

11.9.2019
The trade war between the United States and China has proven to be one of the biggest diplomatic and economic events of the past decade. The world’s two biggest economies have been locked in a bruising trade war since the end of last year, and no resolution is at sight as yet. The global economy...

Circle CEO, Jeremy Allaire States that China has an Open-minded Approach to CBDCs

11.9.2019
Circle CEO, Jeremy Allaire, opined that China has the most open-minded way to deal with CBDCs (central bank digital currencies) to date. Further, Allaire said in a recent interview on Phoenix Chinese News that China’s national bank has the most forward-thinking considering Central Bank...

Circle CEO: No One in the World Is Any Closer to CBDCs than China

11.9.2019
No country in the world is closer to central bank digital currencies than China, Circle CEO Jeremy Allaire says

Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash

11.9.2019
Last Thursday the China-based mining rig manufacturer Bitmain announced the launch of two new Antminers that offer hashrates between 53 to 64 terahash per second (TH/s). When the Antminer sale started on Monday, first batch devices sold extremely fast and Bitmain expects to deliver units...

Report: Libra Stablecoin Tied to Major Currencies, Maybe Not Yuan

10.9.2019
Facebook has reportedly provided the U.S. Senate with details regarding the backing reserves for its Libra stablecoin

Tether Launches New Stablecoin Pegged to Offshore Chinese Yuan

9.9.2019
Tether announced that is launching a new stablecoin pegged to the offshore Chinese yuan

China Adds Almost 100 Tons to Its Gold Reserves

9.9.2019
The world has been in the middle of an economic downturn for most of 2019 due to a range of factors. The uncertainty with regards to interest rates and the continued United States–China trade war has brought on a lot of chaos on to the markets. Due to such chaos many investors have decided...

China’s New Digital Currency Will Be Similar to Facebook’s Libra

9.9.2019
Changchun Mu, the Digital Currency Research Institute chief and former deputy director of the payments and settlement division at the People’s Bank of China (PBoC) commented on their newly proposed digital yuan. He revealed that the new digital currency bears similarities with Facebook’s...

Report: Shell and Sinochem Discuss Blockchain Platform for Crude Oil

6.9.2019
Sinochem Energy Technology is reportedly discussing building a blockchain platform for the oil sector with Shell and Macquarie

Tether Announces Its Future Plans to Launch Two New Stablecoins for Users

6.9.2019
Tether, the popular crypto-fiat hybrid stablecoin firm, is planning to come in the limelight of the financial sphere, with the launch of two new crypto assets. According to the news, one coin of the controversial crypto firm will be secured with precious and lucrative commodities like gold...

Alibaba Acquires NetEase for $2 Billion as Luxury Push Gathers Pace

6.9.2019
The e-commerce industry in China has grown at a truly remarkable pace over the last decade and the company that has decisively emerged as the biggest player in the industry is Alibaba. It is one of the biggest e-commerce companies in the world and due to the sheer size of the Chinese market,...