2021-8-18 15:00 |
The crackdown on cryptocurrencies appears to be gaining steam in China. Local reports state that the Shenzhen branch of the People’s Bank of China (PBOC) has cleansed 11 companies for their illegal cryptocurrency activities. origin »
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According to Eastmoney, Shenzhen, the tech capital of china recently issued a warning against illegitimate dealings taking place in the cryptocurrency industry. The report released by Eastmoney indicated that the Leading Group for Remediation of Internet Finance Risks, a regulatory body in the city, is investigating all illegal dealings in the crypto space. According to […]
2019-11-22 00:00 | |
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The Chinese city of Shenzhen, often called the country’s ‘Silicon Valley,’ has reportedly instated new regulatory controls targetting cryptocurrencies. A new legal framework was instituted in the city of Shenzhen recently, a major city in China’s Guangdong region.
2019-11-22 17:10 | |
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As the price of bitcoin drops back down to $8,300 level for the first time since October 25th, the Chair of the Shenzhen’s HDFH, which stands for the Hande Financial Technology Holdings, has made an announcement at the today’s second China International Import Expo event. What he had to say in his speech is that […]
2019-11-19 01:54 | |
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A fintech company in China has launched a global digital bank consortium blockchain investment fund with the aim of creating a leading digital bank. China Turning Digital Cao Tong, Chair of Shenzhen’s Hande Financial Technology Holdings Co.
2019-11-19 20:01 | |
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The Chinese city of Shenzhen has seen 10 million blockchain-based invoices issued using blockchain technology
2019-11-1 14:21 | |
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Chinese President Xi Jinping’s pro-blockchain comments were credited as the main reason behind the crypto market rally that has defied all expectations since last Friday. However, Xi’s remarks also benefited local tech firms.
2019-10-29 23:42 | |
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Last week, China's President Xi Jinping said China should hasten the development of blockchain technology and take a leading position in this nascent field. This drove blockchain-related stocks upwards on Monday.
2019-10-28 22:40 | |
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China Merchants Bank International (CMBI) has announced its entry into the blockchain ecosystem by partnering with Nervos, a layered blockchain network. CMBI is a wholly-owned subsidiary of China Merchants Bank, a major Chinese national bank headquartered in Shenzhen.
2019-10-3 16:30 | |
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China Merchants Bank International (CMBI) has announced its entry into the blockchain ecosystem by partnering with Nervos, a layered blockchain network. CMBI is a wholly-owned subsidiary of China Merchants Bank, a major Chinese national bank headquartered in Shenzhen.
2019-10-8 16:30 | |
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Shenzhen will be the testing grounds for China’s fascinating digital currency ambitions, this according to a central government document. As reported by Beloit Bulletin, September 30, People’s Bank of China (PBoC) plans to launch a significant research effort pertaining to the development of China’s national digital currency and others with hopes of fostering significant urbanRead MoreRead More.
2019-9-30 19:00 | |
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Facial recognition technology is used across China for everything from identifying criminals to measuring students’ attention in class. Now, it has debuted a system in its subway that lets you use your face as a ticket.
2019-9-23 09:14 | |
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An international team of researchers just developed the most sophisticated treatment for male baldness ever: a hat that covers up your hairless head. Wait, there’s more. It also contains a self-actuating electrical ‘patch’ that stimulates the scalp, regenerates damaged tissue, and regrows hair thicker and quicker than pharmacological treatments.
2019-9-20 20:35 | |
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Stocks in mainland China and Hong Kong tumbled on Monday after Beijing reported a sharper than expected slowdown in industrial production, signs that the ongoing trade war with Washington was ravaging domestic producers.
2019-9-16 05:47 | |
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China’s Government and Central Bank just can’t seem to align on the proposed central bank digital currency (CBDC). On Tuesday, government-supported tabloid, Global Times, reported that the Central Bank called speculation on an upcoming launch ‘inaccurate speculation’.
2019-8-29 14:00 | |
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The Chinese Communist Party has included a mandate for digital currency research in a new set of guidelines on the scope of the Shenzhen Special Economic Zone. According to AMBCrypto the Shenzhen Special Economic Zone will carry out pilot reforms of market access and regulatory system mechanisms, start a more flexible and prudent as well […]
2019-8-19 04:46 | |
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The special economic zone of China located in Shenzhen province will now support research on digital currencies as reported by a local daily. China has been ambivalent on cryptocurrency, where they had earlier banned exchanges from operating in the country.
2019-8-18 15:21 | |
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About MircroBT Shenzhen Bit Microelectronics Technology Co., Ltd. (also known as “Bit Micro” or “MicroBT”) was founded in 2016 and has its main office based in Shenzhen, China. The company is specialized in producing and designing high-end 28nm/16nm/7nm dedicated chips, as well as providing developments in sectors such as blockchain technology, cloud computing and artificial […] The post MicroBT – The Most Trustworthy Bitcoin Miner Provider appeared first on CCN Markets
2019-6-29 20:56 | |
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This article was originally published by 8btc and written by Vincent He. Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous.
2019-5-31 20:14 | |
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May 2019, Shenzhen, China – QLC Chain has announced the launch of it’s Counter Telecom Fraud Platform. The platform, which officially launched on World Telecom Day, (May 17th) will offer financial institutions the means to build an Application-to-Person (A2P) messages ledger via QLC Chain, granting clients the ability to check and validate the authenticity of the message sender.
2019-5-24 01:17 | |
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Leading Chinese cloud communications provider, QLC Chain, has announced the launch of its Counter Telecom Fraud Platform, which went live on May 17th. 19 May 2019, Shenzhen, China – QLC Chain has announced the launch of it’s Counter Telecom Fraud Platform.
2019-5-24 21:14 | |
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Leading Chinese cloud communications provider, QLC Chain, has announced the launch of its Counter Telecom Fraud Platform, which went live on May 17th. 19 May 2019, Shenzhen, China – QLC Chain has announced the launch of it’s Counter Telecom Fraud Platform.
2019-5-23 15:59 | |
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Like a scene from an Orwellian nightmare, authorities in Shenzhen China show where the future of centralized cashless payments is headed. And it isn’t pretty. Centralized Cashless Payments in China China is known for its high rate of technology adoption.
2019-3-23 00:00 | |
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In a bid to reduce the cost of printing paper invoices and promote transparency in its transport system, the Shenzhen tax bureau has joined forces with leading Chinese conglomerate Tencent Holdings to launch a blockchain-based digital invoicing system, reports ChinaDaily on March 19, 2019.
2019-3-20 13:00 | |
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Blockchain’s ability to offer transparently and permanence on a single ledger allows it to be honest about the various activity posted to it. Apparently, Shenzhen Metro, a Chinese subway system, has chosen to implement the technology for their own issuance of electronic invoice.
2019-3-20 02:57 | |
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The Shenzhen Metro and Chinese tech giant Tencent are now using the WeChat payment platform for electronic blockchain invoices
2019-3-20 17:17 | |
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For the first time in 3 months, the Chinese stock market has recorded a 3 percent increase triggered by the optimistic prospect of a comprehensive trade deal. The Dow Jones is nearing the 26,000 point mark after initiating a strong rally in the past two weeks.
2019-2-18 18:03 | |
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Shenzhen, China, Feb. 15, 2019 — On February 15, 2019, WaykiChain(WICC) English Developer Portal is officially opened for worldwide… The post WaykiChain (WICC) Officially Releases Developer Portal and 2019 Technology Roadmap for a Big Ecosystem Construction appeared first on Invest In Blockchain.
2019-2-15 11:00 | |
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The Chinese port of Shenzhen is progressing with blockchain initiatives in a major way. After setting up a virtual blockchain exchange and blockchain-based city and port management systems, the municipality looks towards solving the problem of invoicing and customer claims using the technology, reported local publication Economic Daily on December 13, 2018.
2018-12-15 22:00 | |
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Shenzhen Economic Zone Wants To Implement Blockchain For Electronic Tax Invoices Shenzhen will start to use blockchain technology for electronic tax invoices. The city is one of the most important in China and it aims at improving the taxing system.
2018-12-13 01:48 | |
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A researcher in China’s Southern University of Science and Technology in Shenzhen, has claimed that he has created the world’s first gene-edited designer babies. The claim comes as a surprise, as the ethics and safety of this particular form of gene editing are still under debate.
2018-11-26 15:11 | |
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The decree announcing China’s blanket Bitcoin ban has been revoked by the Shenzhen Court of International Arbitration. The same court that announced and imposed the ban back in 2017. Now, China is ready to regulate and regularise the market in the country.
2018-11-10 10:21 | |
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China lifting the Bitcoin ban is fake news A couple of days ago we saw multiple reports come through claiming that China has lifted its infamous “Bitcoin ban”. The reports came out after Shenzhen Court of International Arbitration recognized Bitcoin as “a legal asset to be owned, transferred and utilized as a medium of payment […] The post VeChain introduces its Digital Carbon Platform while competition orchestrated a FUD against FunFair appeared first on CaptainAltcoin.
2018-11-10 22:59 | |
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A Court of Arbitration based in Shenzhen, China has given a verdict to the surprise of a number of naysayers that cryptocurrency is vehemently backed by the country’s law. The Shenzhen International Court based in southern China set a legal precedent earlier on Tuesday declaring that cryptocurrency should henceforth be considered a legal asset recognized […]
2018-11-7 09:50 | |
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A Chinese Court recently ordered a company in a civil dispute to repay a misappropriated amount of cryptocurrency, setting a legal precedent for cryptocurrency-related disagreements. According to a Finance Magnates’ article published on November 5, 2018, despite China’s 2017 cryptocurrency ban, the Shenzhen Court recognized in the civil dispute that cryptocurrencies have economic value.
2018-11-7 04:00 | |
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CoinSpeaker Individuals and Businesses in China Can Now Own and Transfer Bitcoin Legally Chinese ban is not a problem any more, as the Shenzhen Court of International Arbitration has recently recognized Bitcoin as a legal property.
2018-10-30 18:13 | |
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CoinSpeaker Bitcoin News: Individuals and Businesses in China Can Now Own and Transfer It Legally Chinese ban is not a problem any more, as the Shenzhen Court of International Arbitration has recently recognized Bitcoin as a legal property.
2018-10-29 18:13 | |
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The Chinese government is known to come down hard on anything they see as a threat to the nation. Bitcoin and other cryptocurrencies were no exception. The state had placed a blanket ban in the past in order to protect the Chinese Yuan.
2018-10-29 00:16 | |
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An arbitration body in China has ruled that despite the country’s central bank’s ban on cryptocurrency trading, bitcoin should still be legally protected as a property with economic values, Shenzhen Court announced on their official WeChat account on October 25, 2018.
2018-10-28 06:00 | |
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Back in 2008 when Bitcoin entered the market as the first of cryptocurrencies, only a few people really understood it. Just a few were willing to throw their money into developing the Bitcoin Network and its decentralized database.
2018-10-26 18:19 | |
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The Shenzhen Court of International Arbitration recently issued a ruling saying there is no prohibition against Bitcoin ownership and transfer in China. The decision means that despite the ban on ICOs and virtual currency trading, Bitcoin and other cryptocurrencies are legally regarded as property in the country.
2018-10-26 17:00 | |
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When Bitcoin was debuted in October of 2008, the world’s first cryptocurrency was slow to garner traction. At the time, only the most eccentric internet users were willing to allocate capital, time, and brain power to bolster the development efforts of the Bitcoin Network, the first true blockchain/decentralized database.
2018-10-26 12:43 | |
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A consortium backed by major Chinese corporations Tencent and Huawei will debut its new open source “blockchain ecosystem” FISCO BCOS at the Singapore Fintech Festival next month. BCOS is geared towards providing enterprise-grade distributed ledger (DLT) solutions.
2018-10-18 13:46 | |
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Ping An Insurance, the largest insurer by market value in mainland China and second-largest life insurer in terms of premiums, is betting on technologies including blockchain, artificial intelligence (AI) and cloud to pursue its fintech push.
2018-10-16 22:48 | |
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The Shenzhen Graduate School at the Peking University, a major Chinese academic institution, is now proposing to use the blockchain technology as a more efficient way to manage web domain names that we currently use.
2018-10-6 23:41 | |
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Event: iBLOCKCHAIN SUMMIT 2018 Date: November 2-3, 2018 Venue: Guangzhou Baiyun International Convention Center, Guangzhou China The last iBlockchain Summit held on May 18-19 at Shenzhen received great feedback from both our sponsors and audiences.
2018-8-25 17:30 | |
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Event: iBLOCKCHAIN SUMMIT 2018 Date: November 2-3, 2018 Venue: Guangzhou Baiyun International Convention Center, Guangzhou China The last iBlockchain Summit held on May 18-19 at Shenzhen received great feedback from both our sponsors and audiences.
2018-8-24 21:51 | |
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Blockchain technologies are becoming more and more integrated with financial services and one of China’s biggest personal financial service groups, Ping An is just another piece of proof of that. Ping An has revealed that it will launch its new cutting-edge Smart City and AI initiatives next week in China’s Smart City Expo in Shenzhen.
2018-8-20 00:30 | |
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The first tax authority-approved digital invoice on the blockchain has been issued in Shenzhen, as part of a pilot ecosystem co-developed by Tencent and Chinese authorities
2018-8-10 20:02 | |
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China’s Shenzhen district will distribute 30 million digital yuan via red envelopes through a lottery program in a bid to boost the local economy which has been affected by lockdowns. The post China Will Airdrop Digital Yuan to Boost Locked Down Economy appeared first on BeInCrypto.
Chinese backed blockchain project BSN has revealed plans to pilot the adoption of a global CBDC system in 2021. Central Bank Digital Currencies (CBDC) was the major talk in 2020 and it appears that the push will be greater this year.
The Agricultural Bank of China (ABC), one of China’s “big four” banks, is embarking on a pilot program to enable the first digital yuan ATMs. The banking institution deployed the first machines in selected branches in Shenzhen.
The central bank digital currency, or CBDC, is a permissioned, state-run cryptocurrency that allows China to track the spending habits of its yuan users. It can also adjust inflation rates and even block citizens from accessing their accounts.
Popular Chinese city Shenzhen’s government had announced on New Year’s Eve that their plan to distribute $3 million worth of digital yuan to local residents, in China’s third Central Bank Digital Currency (CBDC) tests.
China continues to push on with its central bank-issued digital currency trials. The latest initiative saw 50,000 citizens receive the digital yuan to use at real-world retailers. The government of the tech hub region of Shenzhen sent out a total of almost 10 million yuan (~$1.