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Chinese Central Bank Issues USD 2.8m Worth of Blockchain Bonds
6.12.2019
Source: iStock/杨培培
The People’s Bank of China (PBoC) has issued some USD 2.8 billion worth of blockchain-issued financial bonds to small business loans in China.
Per reports from Xinhua and Naeil Shinmun, the central bank says that it used its “own independently developed blockchain bond issuance...
Thai Police Arrest 24 Chinese Nationals for Alleged Bitcoin Scam
6.12.2019
Thai immigration police have arrested 24 Chinese nationals in connection with an alleged Bitcoin scam call center
Fintech Arm of Chinese Insurance Giant Shoots for $500M IPO in US
5.12.2019
Ping An’s fintech subsidiary OneConnect is aiming for a $500 million IPO in the U.S. according to a filing with the Securities and Exchange Commission
Cointelegraph Announces Chinese HQ, Bolstering Its International Expansion
4.12.2019
Cointelegraph is continuing to expand its global reach. Guess which new headquarters we’ve opened?
Chinese Insurance Giant Ping An’s Blockchain Arm Reveals Terms for $468M IPO
4.12.2019
OneConnect Financial, the blockchain and AI subsidiary of China’s top insurance company Ping An Insurance, has set the terms for its planned NYSE listing
Why Has Binance Just Bought a Chinese Dapps Analytics Platform?
3.12.2019
Source: Instagram, Binance
Major crypto exchange Binance has continued its seemingly relentless acquisitions drive with the purchase of analytics service DappReview, an information resource for blockchain-powered decentralized applications (dapps).
In a Binance blog post, the company said that...
Huobi Says It’s Joining a Chinese Government-Led Blockchain Alliance
2.12.2019
Huobi China has joined a blockchain consortium backed by a powerful state-sponsored entity
‘In Small Steps’ China Cuts Benchmark Interest Rates
1.12.2019
Careful not to rush too much with stimulus, the Chinese government nevertheless realizes that its behemoth economy is invariably slowing down. New loan interest rate cuts have been announced recently to encourage bank lending and borrowing in the private sector. With a brewing liquidity crisis...
Huobi Hosts First International Blockchain Forum Sanctioned by the Chinese Government
30.11.2019
Hainan Free Trade Port International Cooperation—Forum on Digital group and Blockchain will be held on December 5–6, 2019, in the Hainan Province of China. Huobi Group has arranged the global gathering of business leaders and decision-makers in collaboration with the Department of Industry...
Another Bank Run Highlights China’s Brewing Financial Crisis
28.11.2019
A regional lender has become the latest victim of the growing liquidity crunch in the world’s most populous country. Yingkou Coastal Bank, operating in the northeastern Chinese province of Liaoning, is the second institution within less than a month to see its financial stability threatened...
89% of Chinese Blockchain Firms Have Tried to Issue Crypto: Report
25.11.2019
89% of China’s blockchain firms have tried to issue their own token or crypto, according to a senior exec at a local blockchain association
Office of Chinese Crypto Exchange BISS Closed, Staff Members Arrested
23.11.2019
Chinese authorities shut down crypto exchange BISS, arresting 10 people involved
Chinese Central Bank Plans to Nip Young Crypto Businesses ‘In the Bud’
22.11.2019
China's central bank has formally issued a new plan to crack down on crypto businesses
Chinese Tech Capital Shenzhen Issues Warning Against Crypto Activities
21.11.2019
The Leading Group for Remediation of Internet Finance Risks of the Chinese technology capital of Shenzhen warned against illegal cryptocurrency-related activities
With 7,600 Blockchain Patent Applications, Chinese Firms Far Outpace US
20.11.2019
Chinese firms submitted 7,600 blockchain patent applications between 2009 and 2018, about three times as many as U.S.-based companies
Chinese Authorities Scrutinize and Report on Crypto Exchanges
19.11.2019
According to a notice issued on weibo.com, and later confirmed as authentic by business publication Caixin, authorities in Shanghai appear to have dispatched officials for conducting reviews of area businesses engaged in cryptocurrency dealings, and are set to report back to financial regulators...
Chinese State Media Says Most ‘Blockchain’ Firms in China Are All Hype, No Code
19.11.2019
China: More than 32,000 Chinese companies claim to use blockchain technology, while the real number is less than 10% of that
Chinese Army’s Blockchain Provider Approved for New Hyperledger Certification Program
18.11.2019
Hyperledger green-lit a Beijing-based firm that serves the Chinese army to join its new certification program, as military blockchain use expands
Chinese State Media Praises Bitcoin
18.11.2019
Disclaimer: The text below is a sponsored article.
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This week, China’s state-controlled Xinhua News Agency has published a report that hails Bitcoin (BTC) as “the first successful application of blockchain technology. This news arrives just a week after Monfex covered the countries...
Blockchain-based Evidence Will Recognize in Chinese Internet Courts
16.11.2019
China has developed a new system based on blockchain technology to collect evidence for procuratorates. The system recently was deployed in Hangzhou in east China’s Zhejiang Province to search the defamatory evidence against Chinese revolutionary martyrs. The search was conducted online, and...