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Is China’s New Fascination With Blockchain Really Good for Bitcoin?


Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging...

China's President Makes Major Push for Blockchain


China’s President Xi Jinping urged the country to accelerate the development of the blockchain technology due to its importance "in the new round of technological innovation and industrial transformation" of China. The President was speaking at a group study session of the Communist Party of China...

Even Pentagon Agrees With Facebook's Libra Over China Threat


The head of an American government security agency’s tech unit says China has surpassed the United States in cryptocurrency technology – and warns that his country could face security risks if it continues to shirk away from public spending on innovation. In an interview with the Wall Street...

Apple’s CEO Meets Chinese Regulator Following Hong Kong App Affair


Tim Cook, Apple’s CEO recently met the head of the Chinese market regulator a week after it removed an app that had drawn China’s ire. Last week, Apple had found itself in the middle of the political crisis regarding China and Hong Kong. An app named HKmap.live, that had been available in the Apple...

Facebook Warns that China May ‘Rewire the World’ with the Digital Yuan


Facebook’s blockchain chief David Marcus has warned Washington that stopping the launch of Libra will open the door for China to steal a key advantage in the world of digital currencies. Marcus stated, per Bloomberg, “The future in five years, if we don’t have a good answer, is basically China...

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