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China: Bank to Launch Blockchain-Powered Int’l Trade Platform + More News
27.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain News
Chinese financial institution Wuxi Rural Commercial Bank has launched the Jiangsu Province’s first blockchain-powered cross-border...
Guizhou, China, Launches Blockchain-powered Int’l Trading Platform
30.7.2020
Features of Miao ethnic costumes in Guizhou, China. Another Chinese province reported that it is about to launch a blockchain-powered cross-border financial service platform.
Per Haiwainet, Guizhou Province, in China’s mountainous southwest, will launch the initiative this month.
The province’s...
Chinese, International Telcos Explore ‘Blockchain + 5G’ Paradigm
8.5.2020
Telecoms companies are increasingly looking to combine 5G and blockchain operations – particularly those based in China, per a new report that suggests blockchain development is as now as important to telecoms firms as next-generation mobile networks.
Media outlet Communication Information News...
Chinese Blockchain-powered Trade Pilot Claims Int’l Success
22.4.2020
Qingdao. Companies involved in the Chinese city of Qingdao’s blockchain-powered cross border financing platform pilot are claiming that they are enjoying great success – and have conducted blockchain-powered trades with partners based as far afield as North America and Southern Asia.
Per...
Int’l Consortium Uses Blockchain to Conduct USD12m Wheat Trade Deal
21.4.2020
American agriculture giant Cargill says it has teamed up with Singaporean and Dutch companies to conduct a pioneering, cross-continental wheat trade transaction worth USD 12 million – from North America to Southeast Asia on a blockchain platform.
The deal involved Singapore-based agriculture...
Can Police Seize Nth Room Crypto? Int’l Exchanges Agree to Cooperate
30.3.2020
Legal confusion has broken out in South Korea as experts and lawyers remain uncertain as to whether the police can confiscate the cryptocurrency holdings of Telegram Nth room chief suspect Cho Joo-bin.
Cho is suspected of running a network of chat rooms that circulated sexual exploitation videos...
Chinese Blockchain Pilot Processes USD 56m Worth of Int’l Trade
11.3.2020
A blockchain-powered trade finance platform developed by China’s foreign exchange regulator has already processed cross-border payments worth USD 56.36 million and completed export financing totaling USD 460 million as part of a year-long pilot in selected areas of the country.
Chongqing...
Rewards-to-Crypto Plan May See Billions of USD Converted Into Bitcoin
7.2.2020
If the Cryptoverse is lucky, a new app could see billions of American rewards points converted into cryptocurrencies, such as bitcoin (BTC).
“The legacy payments infrastructure is ripe for disintermediation,” Jeff Sprecher, founder and CEO of Bakkt operator Intercontinental Exchange (ICE) told...
Int'l Regulator Basel Committee Calls for Prudent Rules for Crypto
16.12.2019
The Basel Committee on Banking Supervision calls for conservative treatment of crypto assets
Int’l Bank Regulator Is Studying Crypto Lending Capital Requirements
8.11.2019
International banking regulator the Basel Committee works to establish guidelines for handling crypto assets
Int’l Regulator: Stablecoin ‘Structure’ Determines If It’s a Security
5.11.2019
Some stablecoin implementations are securities, according to international securities regulator IOSCO
2020 Guangzhou Int’l Vending Machines and Self-service Facilities Fair is Here on March 4–6
18.10.2019
Date: March 4–6, 2020 Venue: China Import and Export Fair Complex Address: No.380, Yuejiang Middle Road, Guangzhou, China Preregistered overseas buyers will enjoy 2-night FREE stay in a 5-star hotel. Rooms are limited. First come, first served! China’s Vending Market & Industry are Growing at...
Bitcoin’s Irreversibility Challenges Int’l Private Law: Legal Scholar
18.10.2019
Professor Matthias Lehmann has proposed an approach for applying private international law to Bitcoin and other blockchains
Int’l Accounting Standards Body Defines Bitcoin as ‘Intangible Asset’
23.9.2019
Cryptocurrencies like Bitcoin are neither financial assets nor legal tender, says the International Financial Reporting Interpretations Committee
Bitcoin Futures Update: Bakkt Testing, CME Breaks Records, and a $100K Call Option
23.7.2019
Over the last few months, the interest surrounding cryptocurrency derivatives products has been growing fast. For some time now, open interest in CME’s bitcoin futures has been breaking records. Bakkt’s futures platform began testing contracts on Monday and the company says there...
OKCoin, Payments Processer Simplex Partner on Card-Enabled USD Deposits for Int’l Users
17.6.2019
Major fiat-crypto trading platform OKCoin has partnered with fintech firm Simplex to enable global users to make USD deposits via debit or credit card