Search
Chinese Credit Card Repayment Company Samoyed Cancels US IPO Due to ‘Unfavourable Market Conditions’
17.8.2019
The raging trade war between the United States and China is something that is almost always going to be on the background of any business deals that might be taking place, which involves entities in either nation. In a new development, Chinese Fintech company Samoyed Holdings Limited has decided...
China’s Digital Fiat Wants to Compete With Bitcoin – But It’s Not a Crypto
16.8.2019
China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface
Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks
16.8.2019
The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark...
China Internet Report: Asijská velmoc se chlubí, v čem už nás předběhla
16.8.2019
South China Morning Post sestavil zprávu o stavu čínského internetu a digitálního byznysu za rok 2019. China Internet Report 2019 (PDF) na více než sto stranách srovnává současného asijského hegemona především s jeho nejsilnějším konkurentem – USA. Zpráva vznikla v době eskalujících obchodních a
deVerge CEO Lauds HM Revenue & Customs Authority’s Move To Gather Crypto Trading Records
15.8.2019
The crypto industry and regulators have a bittersweet affair across the globe, a tussle that seems to be going nowhere yet. However, things have been moving either way in many regions, including the United Kingdom. Recently, HM Revenue and Customs (HMRC) department sent letters to a few crypto...
Central Banks Worldwide Testing Their Own Digital Currencies
15.8.2019
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....
Bitcoin Drops to $10,000 in Recent Downtrend
15.8.2019
Bitcoin’s price has crashed to $10,000 in a somewhat volatile month, last trading at the $10,000 mark on Aug. 1
Bitcoin Price Loses $10.5K Support as US-China Trade War Tensions Cool
14.8.2019
No bearish sentiment among Bitcoin traders yet as price aims at $10k
Hong Kong Is Paying Higher Prices for Bitcoin Amid Political Unrest
14.8.2019
Bitcoin price premiums emerge as political tensions and protests continue in Hong Kong
Banking Giants JP Morgan and Goldman Sachs Caution against Chinese Stocks as Trade War Continues
13.8.2019
The continued trade war between the world’s two biggest economies, the United States and China, has proven to be the biggest economic issue in this decade. On top of that, there is still no sign that the trade war is going to be resolved any time soon, and that has made life extremely different...
China Gets Ready to Launch Supply Chain Facing Information Sharing Platform
12.8.2019
Over the years, China has been well known for being particularly opaque with regards to data and information about its economy as well as companies. However, things are changing rapidly in the country as the Chinese leadership tries to position the country as the next great superpower. In a...
China’s Digital Currency will Soon See The Light of The Day
12.8.2019
China has fervently regressed the idea of Cryptocurrency; the reason is simply that it would distort the functioning of the conventional monetary market. Cryptocurrency, the concept as such is predominantly dependent on the blockchain technology which claims itself to be on a decentralized platform...
China’s Central Bank ‘Close’ to Launching Official Digital Currency
12.8.2019
An official at China's central bank has said the institution is nearing the launch of its national digital currency
Crypto Regulations Are Changing Worldwide to Comply With FATF Standards
12.8.2019
Governments worldwide are changing the way they regulate crypto assets to comply with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Some are amending existing laws, while others are creating a new system to cooperate and share data. Also read: China Publishes...
Is China on the Verge of Releasing a Digital Fiat?
12.8.2019
China’s central bank has revealed details of a plan to issue a blockchain-powered digital fiat – and appears to be assembling a host of resources and personnel to speed up the process.
Per a report from Beijing Business Today (republished by Shina), the deputy director of the People’s Bank of China...
Trump’s Currency War With China Could Be Bitcoin’s Do-or-Die Moment
12.8.2019
Donald Trump is stoking the flames of a new currency war, creating a do-or-die moment for the cryptocurrency movement, writes Michael J. Casey
China’s Digital Currency Is Ready, Central Bank Says
11.8.2019
The People’s Bank of China says a prototype of its digital currency has been fully developed, and it is now ready to launch
Digital Yuan: Weapon in US Trade War or Attempt to Manipulate Bitcoin?
9.8.2019
Six years after beginning to research digital technologies, China has finally decided to accelerate the development of a state cryptocurrency
Bitcoin Price Likely to Hit $15,000 Soon, Predict Financial Experts
9.8.2019
One of the primary purposes behind Bitcoin (BTC) picking up recognition as a safe-haven asset is, it permits speculators to invest money in cryptocurrency when the markets look wavering. With advancing trade pressures between the United States and China, just as developing vulnerability around...
Grayscale Argues BTC Hedges, With US-China Trade War As Case Study
9.8.2019
Grayscale argues that Bitcoin hedges against global liquidity risks, using its growth alongside US-China trade tensions as a case study