Search
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
China Digital Currency ‘Not Seeking Full Data Control’ — Central Bank
12.11.2019
China says digital currency won’t oust cash
Former PBoC Governor: Libra Would Be Trusted If Run by IMF
8.11.2019
Zhou Xiaochuan — the People’s Bank of China’s longest-serving governor — has proposed Libra would be more easily trusted if it were in the hands of the IMF
Hong Kong Monetary Authority (HKMA) Joins Hands With PBoC to Enhance Blockchain Opportunities
7.11.2019
The Hong Kong Monetary Authority (HKMA), the leading financial institution, has broadcasted the news of its strategic collaboration with the People’s Bank of China (PBOC) on its central bank digital currency (CBDC). The two leading banking authorities have entered into the partnership via...
After Xi, China’s Central Bank Gives Blockchain Tech a Pump
7.11.2019
The People's Bank has said blockchain is a solution to trade finance asymmetries in the latest promotion of the tech in China
Joe Lubin: China Will Avoid Blockchain’s ‘Decentralizing Aspects’
5.11.2019
Ethereum co-founder and ConsenSys CEO Joe Lubin says he doesn’t see a reason for China’s central bank to implement blockchain for the digital yuan
More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses
29.10.2019
The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus....
China Ranks 35 Crypto Projects as President Xi Pushes Blockchain
29.10.2019
China has been on a roll with a series of crypto-related announcements. President Xi Jinping’s speech to accelerate the development of blockchain technology in China was followed by the passing of a cryptography bill. Meanwhile, China’s Center for Information and Industry Development...
Chinese Official Warns Libra Could Abet Illegal Cross-Border Transfers
28.10.2019
Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday
Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption
28.10.2019
A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance
Facebook’s Marcus Says China Wins with Digital Renminbi if U.S. Nixes Libra
22.10.2019
David Marcus, who leads the Libra project, said China will create a digital currency system that could be entirely out of reach for U.S. authorities
PBoC Denies Claims It Will Launch Digital Currency in November
23.9.2019
China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies
Alibaba and Tencent Refuse to Share Loan Data Information with Beijing
19.9.2019
As everyone knows, a credit system is something that almost all countries need to have, and it is a hugely important tool that helps in keeping the consumer credit market as strong as possible. To that end, the Chinese central bank launched a private credit score company named Baihang in 2018. That...
Crypto Facilitates Money Transfer for Restricted China
14.9.2019
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...
China Adds Almost 100 Tons to Its Gold Reserves
9.9.2019
The world has been in the middle of an economic downturn for most of 2019 due to a range of factors. The uncertainty with regards to interest rates and the continued United States–China trade war has brought on a lot of chaos on to the markets. Due to such chaos many investors have decided...
China’s New Digital Currency Will Be Similar to Facebook’s Libra
9.9.2019
Changchun Mu, the Digital Currency Research Institute chief and former deputy director of the payments and settlement division at the People’s Bank of China (PBoC) commented on their newly proposed digital yuan. He revealed that the new digital currency bears similarities with Facebook’s...
New Head of China’s Digital Currency Says It Beats Facebook Libra on Tech Features
6.9.2019
The PBoC's new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra
The People’s Bank of China (PBoC) Keeps a Tighter hold on FinTech
3.9.2019
The most recent news declares that PBoC (The People’s Bank of China) is looking forward to keep a tighter grip on the country’s FinTech, digital lending markets, and Blockchain. Additionally, China’s national bank stated that it expects to use the technology to upgrade the flow...
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...
People’s Bank of China Denies Media Reports About Launching State-Backed Cryptocurrency
30.8.2019
Recently, the People’s Bank of China, known as the Central Bank of the nation, has confirmed that the bits of gossip regarding the launch of a state-backed cryptocurrency is false. The declaration was made in the report by The Global Times, the official paper of the Communist Party of China...