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Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control
7.8.2020
Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months, as the tussle between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies. According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner maker...
China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
2.8.2020
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas. China Recognizes Bitcoin as Commodity...
China Didn’t Ban Bitcoin Entirely, Says Beijing Arbitration Commission
30.7.2020
Bitcoin-related activities are not prohibited by the Chinese government as the cryptocurrency acts as a virtual commodity
Beijing Says Blockchain Adoption Is Already Yielding Tangible Results
17.7.2020
China’s blockchain kick is starting to leave a noticeable mark on the nation’s capital with the Beijing government reportedly deploying blockchain technology in 140 different use cases.
Per a report from The Beijing News, blockchain-powered alternatives have helped do away with paper-based...
Beijing: 140 Government Services Applications Are Using Blockchain
16.7.2020
The Beijing government has released its first blockchain application blueprint for government services, claiming 140 applications already use the technology
Chinese Courts Use Blockchain for Property E-Sealing
6.7.2020
Courts in China are rolling out blockchain-based electronic seals to protect property from being disturbed or damaged
Beijing Plans to Foster DLT Unicorns Through New Blockchain Investment Plan
1.7.2020
China’s capital city has unveiled an ambitious plan to transform Beijing into a global hub for private blockchain innovation and leader in public DLT deployment
Beijing to Set up Blockchain Fund and Foster ’Unicorn’ Firms
30.6.2020
The city government of Beijing and the surrounding area has announced a new two-year plan to foster the Chinese capital’s blockchain industry.
Per an official announcement from the People’s Government of Beijing Municipality, the capital’s plan involves setting up blockchain technology talent...
Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market Share
2.6.2020
Bitmain on Monday released the Antminer T19, a cheaper bitcoin mining machine, in an effort to regain lost market share. The Beijing-based company said the Antminer T19 has computing power or hashrate of 84 terahash per second (TH/s) and power efficiency of 37.5 joules per terahash (J/TH)....
Beijing District to Use Blockchain-powered ID Solution + More News
20.4.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Beijing’s Haidian District says it will use a blockchain-powered ID solution that will allow authorities to process...
Beijing to Test Blockchain Platform for Fighting Fraudulent Invoices
10.3.2020
The Beijing Municipal Office of the State Administration of Taxation is launching a city pilot for a blockchain-based invoicing system, with immediate activation in selected industries
Beijing Pilots Blockchain-based Invoicing
4.3.2020
Beijing, China’s capital, has started piloting blockchain-based electronic invoicing in an attempt to reduce costs, Beijing Municipal Tax Service announced.
A parking service operator already issued the municipality’s first blockchain invoice on Tuesday. Now in Beijing, all parking lots have...
China Implements Blockchain Invoicing in Beijing For More Transparent Governance
3.3.2020
Beijing wants to be more transparent with its blockchain invoice implementation
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
Beijing Launches Blockchain Loans Platform for Coronavirus-hit SMEs
10.2.2020
Source: iStock/Enzo Nguyen@Tercer Ojo Photography
Authorities in Beijing say they have launched a blockchain-powered loans platform that will help small and medium-sized companies affected by the coronavirus to borrow money and potentially stay afloat – as the disease threatens to batter the city’s...
China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic
3.2.2020
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into...
China Issues Digital Currency Guide for Party Cadres
14.1.2020
Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming changes in...
HSBC Closes 2 Branches Following New Protests in Hong Kong
3.1.2020
HSBC had two of its Hong Kong branches closed on Jan. 2, the first working day of the year, following attacks by protesters during the latest anti-government demonstrations on New Year’s Day. The banking giant also closed seven indoor ATM clusters and announced on Friday it will suspend...
Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia
31.12.2019
In this roundup, we cover Russia’s supreme court recognizing tokens as assets like money and property, France’s new crypto regulatory framework, and several industry developments in China, including a blockchain ETF filing. We also cover Japan’s world conference for decentralized...
4 Beijing Regulators Issue New Crypto Activity Warning
27.12.2019
Four financial regulators in China have jointly issued a fresh warning regarding crypto trading activities in Beijing. The notice explains the reason for the warning and lists prohibited crypto activities, which have reportedly been surging as companies ramp up their blockchain promotion. Also...