China’s SEC May Soon Have a Crypto-Savvy Department Chief: Report

2019-12-11 13:15

China's securities watchdog is reported to be hiring Yao Qian, the former head of the central bank's digital currency initiative, as the chief of its new tech regulation bureau.

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China could soon open the doors to security token offerings (STOs)

A representative of the Bank of China affirmed that the country is preparing to allow security token offerings (STOs) within a strict regulatory framework. China to allow security token offerings (STOs) During the Financial Finance Technology Summit in Beijing, Weimin Guo, chief scientist of the Bank of China, expressed his views about the current state […] The post China could soon open the doors to security token offerings (STOs) appeared first on CryptoSlate.

2019-12-1 19:11


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Binance CEO Clarifies Situation on Crypto in China

In a recent interview, the enigmatic chief executive of crypto exchange Binance expressed his views on the current situation in China. There has been a lot of unwarranted FUD emerging in the mainstream media regarding another crypto crackdown but is it all warranted? China and Crypto: Nothing New The forty-minute interview conducted on YouTube with Nugget’s News covered a wide range of topics but the ones of real interest are the current situation in China Read More The post Binance CEO Clarifies Situation on Crypto in China appeared first on Bitcoinist.com.

2019-11-29 11:00


China’s SAFE Regulator: Libra Could Be Used For Mischievous Cross-Border Payments

A senior Chinese regulator, Sun Tianqi recently spoke about the Facebook’s Libra project. According to the Chief Accountant of China’s State Administration of Foreign Exchange, Libra needs to abide by the same kind of law that other foreign currencies do or it will be banned from the country. According to Sun, countries that asses Libra […]

2019-10-29 01:44


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Protesters Wield Tools of Freedom as Hong Kong Imposes Dictatorship

Four months of protests continue in Hong Kong as the world is witnessing the biggest uprising of political dissent in the territory since the 1997 ‘handover’ from Britain to China. Protesters have recently embraced wearing Guy Fawkes masks but on October 3, Hong Kong’s current Chief Executive, Carrie Lam, implemented colonial-era emergency powers banning the […] The post Protesters Wield Tools of Freedom as Hong Kong Imposes Dictatorship appeared first on Bitcoin News.

2019-10-5 18:16


Dow Soars as Trump & Kudlow Tease Market With China ‘Surprise’

The Dow Jones surged as traders shrugged off a huge miss in hourly wages and a lower than expected non-farm payrolls number. US President Donald Trump made positive noises about a trade deal with China, reinforced by chief economic adviser Larry Kudlow, while Fed Chairman Jerome Powell helped push the Dow higher late in the […] The post Dow Soars as Trump & Kudlow Tease Market With China ‘Surprise’ appeared first on CCN.com

2019-10-5 22:15


DEX building protocol Loopring appoints CTO and expands China team

Loopring, an open-source protocol for building decentralized exchanges (DEXs), today has announced the strategic hiring and appointment of its first-ever Chief Technology Officer, Steve Guo. The team has also expanded further with two new full-time backend developers, Yue Wang, and Sheng Chen, all of whom are based in Shanghai, China. Loopring 3.0 The new appointments […]

2019-7-3 17:41


Bitcoin a Good Buy if Trade Tension Persists, Admits Wall Street Skeptic

By CCN: The frequently volatile stock market provides rare hideouts for investors but one of them could be bitcoin, according to Mr. Peter Boockvar of Bleakley Advisory Group. The chief investment officer said this week that a sharp rise in bitcoin price indicated that investors were unsure about the Federal Reserve’s stance on interest rate cuts, as well as about the outcome of an ongoing trade war between the US and China that kept buying sentiment weaker in both the Western and Asian stock markets.

2019-6-7 11:28


Guggenheim: Trade War Could Trigger Agonizing Stock Market Crash

By CCN: A Wall Street legend warns that you should expect more pain in the stock market as President Donald Trump’s trade war with China rages on. Scott Minerd — the Global Chief Investment Officer and co-founder of Guggenheim Partners – says equities could suffer an even bigger sell-off this summer than they did in last year’s fourth quarter bloodbath.

2019-6-2 00:30


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Bitmain Looking to Replace Its Two CEOs: IPO Jeopardized?

Bitmain, the Bitcoin mining giant, is reportedly looking to replace its two founders and co-CEOs with an in-house tech chief, sources told the South China Morning Post. Bitmain’s Founders Could Be Stepping Aside Ahead of the Company’s IPO The world’s largest manufacturer of cryptocurrency mining hardware is reportedly looking to replace its top management in […] The post Bitmain Looking to Replace Its Two CEOs: IPO Jeopardized? appeared first on CryptoSlate.

2019-1-12 01:54


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Bitmain Reportedly Will Sack More Than Half of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.

2018-12-29 21:20


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Bitmain Reportedly Will Sack Up to 85 Percent of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.

2018-12-27 21:20


HKEX Report Recommends Crypto Regulation Under Existing Legal Frameworks

The Hong Kong Stock Exchange (HKEX) has released a new report detailing why cryptocurrency and blockchain should come under new regulation based on existing regulatory frameworks. Drafted by the Chief China Economist’s Office and Innovation Lab at HKEX, the report recommends rethinking of the use of blockchain and artificial intelligence (AI) applications to come under […]

2018-10-22 21:38


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Ripple Expects Trump Administration to Turn to XRP to Counter China’s Dominance Over Bitcoin Network

Could XRP be the Trump administration’s answer to China’s dominance over global Bitcoin supply? Does the U. S. government even care enough about this asset class to create new strategies along those lines? The answer to both questions — however speculative — is YES for Cory Johnson, Ripple’s chief marketing strategist.

2018-10-18 19:59


White House to Pit XRP Against Bitcoin Fearing China’s Mining Dominance

The U. S. administration is interested in pitting Ripple’s centralized XRP token against Bitcoin to tackle China’s crypto dominance. Cory Johnson, Ripple’s new chief marketing strategies, told Breaker Magazine that the White House is researching the consequence of China’s Bitcoin mining dominance, which currently amounts to over 80 percent.

2018-10-17 21:30


Alibaba’s Jack Ma: Blockchain will be useless if it doesn’t help the environment

Alibaba chief Jack Ma thinks blockchain tech is pretty meaningless – unless it helps us transform the manufacturing industry and protect the environment. In a keynote at World Artificial Intelligence Conference in China, the star entrepreneur shared his beliefs that budding technologies like blockchain, artificial intelligence (AI), and the Internet of Things (IoT) have yet to prove their utility to the world, local outlet cnBeta reports.

2018-9-17 15:23


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New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic.

2018-9-15 01:22


In Jeremy Rubin’s Opinion, The Value Of Ethereum (ETH) Will Drop To Zero

The Chief Executive Officer and Co-founder of Ethereum, Vitalik Buterin has hit back at “naysayers” who believe ETH will turn to zero in the nearest future. The Claim Amidst the exceptional performance of ETH in recent times, breaking records after records, especially in China, where they currently rate it as the best crypto for the […] The post In Jeremy Rubin’s Opinion, The Value Of Ethereum (ETH) Will Drop To Zero appeared first on ZyCrypto.

2018-9-5 15:59