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Tether Launches New Stablecoin Pegged to Offshore Chinese Yuan
9.9.2019
Tether announced that is launching a new stablecoin pegged to the offshore Chinese yuan
Tether Launches Chinese Yuan-Pegged Stablecoin on the Ethereum Blockchain
9.9.2019
Tether has launched its Chinese yuan-backed stablecoin, which it revealed will run on the ethereum blockchain as an ERC-20 token
Bullish Trend in the Crypto is Continued, Tether All Set to Launch Chinese Version of Stable Coin
8.9.2019
According to reports, Tether Holdings, the firm that issues Tether, is planning to launch a Chinese version of the stable coin called CNHT. Amidst the shoot up in demands in recent months, especially from China, the firm has decided to do so. Additionally, Tether Holdings has also set to launch...
Trump’s Trade War May Be Driving Chinese Investors to Bitcoin
6.9.2019
As the Chinese yuan falls in value due to the trade war with the U.S., there are signs that locals are increasingly moving funds into bitcoin
Bitcoin Hit Record Inverse Correlation to Chinese Yuan in Past Week
6.9.2019
Weakening Chinese yuan leads to higher Bitcoin prices and Asian premium
15 Chinese Made USD 20M With Illegal Crypto Mining Scheme - Report
5.9.2019
Fifteen suspects were arrested in south-central China, the city of Henyang, for stealing electricity from Internet cafes to mine cryptocurrency. The scheme reportedly involved bribing nearly 9,000 computer administrators and earned c. USD 20 million during the period of 24 months, reports Chinese...
Russian, Chinese Capital ‘Threat’ to Bithumb + More Crypto Briefs
3.9.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news that went under the radar of the main Crypto news.
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Cryptocurrency exchange news
There’s a warning for cryptocurrency exchanges in South Korea. Per a News1 report, experts say that 80% of the country’s...
South Korea’s Kakao May List Its Klay Token on Chinese Exchange
3.9.2019
South Korean internet giant Kakao reportedly plans to list its Klay token on a Chinese crypto exchange and one local exchange
South Korea’s Kakao May List Its Klay Cryptocurrency on Chinese Exchange
2.9.2019
The government may not allow the coin to trade on a domestic exchange so it will look to other countries
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
31.8.2019
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong...
Chinese Central Bank ‘Crypto’ Not Launching in November: State Media
29.8.2019
Chinese state media: central bank says reports that its state-backed crypto will launch in November are “inaccurate speculation”
Chinese Media Denies Report of Upcoming State-Backed Digital Token
28.8.2019
The building of the Chinese central bank. The report that the Chinese central bank will launch its digital token in the coming months and seven institutions will be the first to receive it are based on “not reliable” sources, major Chinese news app Tencent News, owned by tech giant Tencent, said...
US Treasury Department Tightens Against Cryptocurrency Addresses Associated With Chinese “Drug Kingpins”
22.8.2019
The U.S. Treasury Department’s Office of Foreign Assets Control has enlisted three Chinese nationals and their cryptocurrency addresses, alleging they violated money laundering and drug smuggling laws. The United States Treasury Department has constituted different cryptocurrency addresses...
Crypto Exchange: Taiwan to Become Libra’s Chinese-language Capital
22.8.2019
Formosa Boulevard, a station of Kaohsiung MRT located in Sinsing District, Kaohsiung, Taiwan. A Taiwanese cryptocurrency exchange wants to join Facebook’s Libra Association – and believes that Taiwan will become Libra’s de facto center of gravity in Chinese-speaking countries.
Per a report from...
Binance Venus Aims to Outshine Libra and Chinese National Crypto?
21.8.2019
Binance’s Venus stablecoin project aims high, but experts aren’t yet convinced about its potential short-terms success
US Treasury Blacklists Bitcoin, Litecoin Addresses of Chinese ‘Drug Kingpins’
21.8.2019
The U.S. Treasury's OFAC has put bitcoin and litecoin addresses of three Chinese nationals on its sanctions list, the second time the agency has blacklisted crypto wallets
Tether to Issue Stablecoin Backed by Chinese Yuan in Belgian Bank: Insider
21.8.2019
Tether is planning to issue a new stablecoin backed by Chiense yuan held in a bank in Belgium, says Bitfinex shareholder Zhao Dong
Tether Plans to Issue CNHT — A Chinese Yuan-Pegged Stablecoin
21.8.2019
A Chinese yuan-backed stablecoin is on the horizon for Tether
Chinese Credit Card Repayment Company Samoyed Cancels US IPO Due to ‘Unfavourable Market Conditions’
17.8.2019
The raging trade war between the United States and China is something that is almost always going to be on the background of any business deals that might be taking place, which involves entities in either nation. In a new development, Chinese Fintech company Samoyed Holdings Limited has decided...
Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks
16.8.2019
The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark...