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Bitcoin Still Commands the 9th Largest Market Capitalization in the World
3.7.2021
Despite the drop in value during the last three months, the leading crypto asset bitcoin is still the ninth most valuable asset in the world in terms of market capitalization. Moreover, bitcoin could flip some of the world’s most valuable assets in the future, as the crypto asset is 67% away...
Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices
24.6.2021
While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus. Additionally, the ASIC manufacturer Bitmain suspended machine sales on Wednesday, ceasing international spot deliveries....
Beijing to Disperse $6 Million in Digital Yuan in a Red Envelope Lottery
3.6.2021
China’s central bank digital currency (CBDC) continues to gain further ground as the Beijing Local Financial Supervision and Administration Bureau revealed 40 million worth of the country’s digital yuan ($6.3 million) will be distributed to Chinese citizens. Beijing and China’s...
Digital Yuan Launch Draws Near: JD.com Employees Paid in e-CNY, Tencent, Ant, Mastercard Engage With PBoC
4.5.2021
China, the world’s most populous country, has jumped leaps and bounds in comparison to a great number of other countries when it comes to the creation of a central bank digital currency. As each day passes, China’s digital yuan is seemingly getting closer to large-scale adoption,...
Ant Group highlights private sector's role in developing digital yuan
26.4.2021
Major tech and commerce firms have been instrumental in helping China's central bank develop the digital yuan
China’s digital yuan os backup to AliPay and WeChat Pay, says official
26.3.2021
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China
Chinese holding firm Ping An overtakes Tencent in blockchain patents race
15.3.2021
Ant Group remains the world’s biggest blockchain patentee, while IBM is considered to be the most cited developer of patents in the industry
China’s CBDC is about domestic dominance, not beating the dollar
26.2.2021
The notion of China racing to launch a CBDC that will end U.S. monetary supremacy doesn't hold up if you look at the facts on the ground
Law Decoded: Of ICBMs, BTC and ETFs, Feb. 5–12
12.2.2021
Exploring where national security meets securities offerings in this week's crypto news
China releases final anti-monopoly rules targeting major tech and payments firms
8.2.2021
China's market regulator finalizes rules that have been three months in the making
Report: Ant Group to overhaul structure per agreement with China authorities
3.2.2021
Several of Ant Group’s offerings including the blockchain division will reportedly become part of a financial holding company
Jack Ma resurfaces in new video after an almost 3-month ‘disappearance’
20.1.2021
A representative for the Jack Ma Foundation confirmed to reporters that the businessman had “participated in the online ceremony of the annual Rural Teacher initiative event on January 20.”
Is China Poised to Nationalize Alibaba?
12.1.2021
The International Business Times reports China might nationalize Alibaba. Here’s what that has to do with China’s digital currency efforts
Trump bans Chinese payment apps, including AliPay and WeChat Pay
6.1.2021
The trade war with China homes in on the country's thriving digital payments industry
Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years
20.11.2020
Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies
Alibaba’s Jack Ma praises the disruptive nature of digital currencies
26.10.2020
The current conservative international financial system doesn't suit young people or young economies, says Ma
China's Ant Group releases digital copyright platform on AntChain
22.10.2020
The platform is just the latest product in the fintech's long-evolving blockchain solutions
Asia Games 2022 Tickets to Be Issued on Alibaba-run Blockchain Network
16.10.2020
Sports fans heading to the 2022 Asian Games in Hangzhou, China, will need to make use of blockchain technology – with organizers of the two-week-long competition set to issue all tickets using a blockchain network.
Per China News, the organizers have struck a deal with Demai, an online ticketing...
Trump Administration Said to Mull Putting Digital Payments Giant Ant Group on Trade Blacklist: Report
14.10.2020
The move comes as Ant, a global leader in digital payments, is readying to go public in what could be an offering worth up to a record $35 billion
Cardano's real competition is not who you'd expect, says new Cardano Foundation CEO
30.9.2020
Hint: It's not a blockchain company