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Digital Renminbi: A Fiat Coin to Make M0 Great Again
17.5.2019
Anonymous, cryptocurrencies could become more important in an environment where government money is closely controlled, says Dovey Wan
Paying the Price: WeChat Merchants Banned From Crypto Payments
16.5.2019
“It is precisely this type of restriction of freedom that will push people to use crypto,” China’s crypto community remains positive despite tightening restrictions
Tension In Middle East, Oil Prices Increase
16.5.2019
The US West Texas Intermediate crude futures rose by 25 cents from the previous day and was at $62.27 for a barrel a rise of 0.4%. The Brent Crude futures also rose up by 0.7% up by 0.4% and ended the session at $72.04 for a barrel. The oil prices had stabilized after the fallout …
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CEO of Burger King’s Parent Company Looks for Long Term Growth in China as Slowdown Hits
16.5.2019
China is the world’s second-largest economy and over the past decade, some of the biggest companies in the world have flocked to the nation in order to meet the insatiable demand for all sort of products and fast food was business certainly one of them. Burger King remains one of the best known...
Japan Considering Downgrading Its Economy As Per Direct Sources
16.5.2019
A Japanese government source said that the government might downgrade the economic outlook for its country as the factory output and exports fall due to the ongoing trade war with the U.S. and China. The report which will be released next week is also fueling speculation that Prime Minister Shinzo...
Australia Faces The Threat Of Unemployment
16.5.2019
The graph of the unemployment rate in Australia has taken a step higher, which has affected the labor market adversely. This mounting unemployment has boosted the chances of an interest-rate cut. As per the statistics bureau reports, the unemployment rate, which stayed at 5.1% in March,...
Automobile Stocks in the US Show Mixed Signs as Trade Concerns Hit
16.5.2019
When Donald Trump became the President of the United States, one of the most important policy initiatives that the administration had pushed was that of reducing the country’s trade deficit with a range of nations. The administration had decided to raise tariffs as a way of bringing nations to...
China’s BTC Ban Doubles-Down with WeChat Terminating Accounts Dealing with Crypto Trading
16.5.2019
China’s ban on BTC is not new. The country has been doing so over the past two years now since the infamous incident of local ICO (initial coin offerings) and crypto exchange happened. Since then, the citizens of the country are allowed to hold the crypto but are restricted from trading it. This...
Crypto Spring Brings Strong Profits to Next-Generation and Older Mining Rigs
16.5.2019
Over the last few weeks, cryptocurrency markets have been on a tear accumulating considerable gains following the notorious ‘crypto winter.’ Since the recent price hike this spring, mining digital assets with next-generation miners has allowed participants to secure significant gains...
Trade War With China Is Good For GSP Countries As Per Report
15.5.2019
The Generalized System Of Preferences is an initiative of the US trade preference program, which gives the third world countries a chance to grow their economy and move out of poverty. As per reports, in the ongoing trade war with China, the GSP countries seem to have an advantage. Some of...
Asian Stocks Show Upward Trend as Trade War Worries Ease
15.5.2019
The US President Donald Trump seems to have softened his stand and is looking for a compromise from China that resulted in the Asian stocks rising from a 14 week low. The Asian stocks also rode high on the optimism that the Beijing government will inject more stimulus to the Chinese economy as they...
Donald Trump All Set to Sign Order That Will Ban Huawei from the United States
15.5.2019
One of the biggest fallouts from the tensions between the United States and China has been the former’s accusation against the Chinese telecommunications giant Huawei, that eventually led to its ban in America. The US authorities accused that the telecommunication equipment that is supplied...
Bank of France is Closely Watching Stablecoin Developments, Says Governor
14.5.2019
Bank of France Governor Francois Villeroy de Galhau has reported that the bank is interested in stablecoins
The US Starts Legal Process To Impose Taxes On New Chinese Imports
14.5.2019
The US-China trade war which seemed to be end soon after both countries said that the talks were going in the right direction took a turn for the worse on Sunday as US President Trump in a tweet said that the talks were going ‘too slowly’ and that he would impose tariffs on $250 billion …
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Global Markets Recover As Investors Become Optimistic Of A Deal
14.5.2019
There has been a slight turnaround in the global stock market after a fall on Monday due to the escalating trade war between the US and China. The Chinese retaliated with a tax imposition of $60 billion worth of American goods. The US and the European futures rose, and the Asian stocks fell by...
Smartphone Giant Samsung Confirms That It Will Make More Blockchain Compatible Phones
14.5.2019
There was a time when Samsung used to be the biggest smartphone brand in the world, with a stranglehold over some of the most important smartphone markets. However, that is no longer the case, and the company’s smartphone sales have tanked dramatically over the past few years. For instance, at...
US Objects to Huawei Lawyer’s Conflict of Interest
12.5.2019
The trouble between the United States and Chinese tech giant Huawei Technologies Limited has been one of the biggest stories of the year. The US authorities accused that the products supplied by the world’s leading telecom equipment maker are used for spying purposed by the Chinese state...
China Can Retaliate Tariff Hikes With Its Market Weapons
11.5.2019
The US-China trade war has impacted not only the world’s two largest economies but also the global economy. The situation which till last week was looking towards an amicable resolution has taken a turn for the worse with Trump administration imposing tariff hikes on $250 billion of Chinese goods....
Will China Ban Crypto Mining?
12.4.2019
China shares new plans to curb mining industry, continuing the general crackdown on crypto. How could it affect the global market?
Skirting the Great Wall, Part Three: The Paradox of Cryptocurrencies in China
12.11.2018
In the final installment of Cointelegraph’s history of crypto in China, we look at the official stance toward cryptocurrencies’ use, ownership, and legal status in the country