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China Gets Ready to Launch Supply Chain Facing Information Sharing Platform


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


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...

Crypto Regulations Are Changing Worldwide to Comply With FATF Standards


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?


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...

Bitcoin Price Likely to Hit $15,000 Soon, Predict Financial Experts


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...

PR: Bitkan and Bitcoin.com Announce Strategic Partnership


BitKan and Bitcoin.com have officially signed a Strategic Collaboration agreement together. Both parties will leverage on each other’s global resources to achieve a mutually beneficial win-win relationship. The post PR: Bitkan and Bitcoin.com Announce Strategic Partnership appeared first on Bitcoin...

VeChain Now Helping China to Regulate its Wine Industry


VeChain is a blockchain empowered platform that is intended to improve the supply chain management process. By using distributed ledger technology, VeChain caters to retailers and purchasers with the capacity to decide the quality and authenticity of items that are purchased. As per the recent...

China Designated as Currency Manipulator by United States Treasury


In what can be termed as an unexpected turn of events, the United States Treasury has designated China as a Currency Manipulator. The announcement has been done via the Treasury Department’s official Twitter handle on 5th August, followed by a press release.  U.S. Treasury Designates China as...

Volvo Uses Blockchain to Source Recycled Cobalt for Its Car


The car manufacturing giant Volvo cars, owned by Geely Motor group, the Chinese automotive group has recently announced about their new vehicle. The new vehicle is the first electric car that is built with recycled cobalt and is mapped on the blockchain. Formerly the car company was a part of Volvo...

Currency War Erupts as US and China Bring Out the Big Guns


What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people...

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