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Boeing Says China Will Need to Spend $2.9 Trillion on New Aircrafts and Services
17.9.2019
Boeing may be the biggest aircraft maker in the world, but in addition to that, the company remains one of the biggest authorities on the aviation sector as a whole. Hence, when the company releases its annual report regarding its outlook on the commercial aviation sector in China, it is supposed...
Binance Makes First Chinese Investment Since Leaving Country in 2017
17.9.2019
Binance makes its first strategic Chinese investment by participating in a $200 million funding round in crypto publication Mars Finance
Binance's First Strategic Investment in China + 11 More Crypto Briefs
17.9.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investment news
Major crypto exchange Binance has made its first strategic investment in China as it has joined a funding round...
Binance Makes Strategic Investment in Chinese Crypto Media Firm
17.9.2019
Cryptocurrency exchange Binance has made an undisclosed investment in Chinese media and data source Mars Finance
As Global Economy Weakens, Federal Reserve All Set for Stimulus Pump
16.9.2019
It has been clear for quite a while that the global economy has been weakening for the past few months, and there has been a lot of speculation regarding the possible solutions to the impending trouble. The trade war between the United States and China is definitely one of the reasons behind...
Crypto News From Asia: Sept. 9–15
16.9.2019
This week’s selected cryptocurrency and blockchain news from Japan and China, courtesy of Cointelegraph Japan
Report: Philippine Police Raid Alleged Cryptocurrency Scam, Arrest 277
16.9.2019
Philippine authorities have reportedly arrested 277 Chinese nationals that were working at an alleged cryptocurrency scam firm
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...