China Intends to Register 30,000 Blockchain Companies: Will China Soon Replace USA as the main Blockchain Force?

China has announced its intention to register an astounding 30,000 blockchain companies. This move signifies a major shift in the global blockchain landscape, as the nation now holds a staggering 84% of all blockchain patents worldwide.

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Conflux and China Telecom debut first on-chain interaction with Blockchain SIM card

Toronto, Canada, May 16th, 2023, Chainwire Conflux Network, the first regulatory compliant public blockchain in China and global communications network, China Telecom, today unveiled its jointly developed Blockchain SIM (BSIM) card at the Xuhui District West Bank Artificial Intelligence Center in Shanghai.

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Conflux and China Telecom debut first on-chain interaction with Blockchain SIM card

Toronto, Canada, May 16th, 2023, Chainwire Conflux Network, the first regulatory compliant public blockchain in China and global communications network, China Telecom, today unveiled its jointly developed Blockchain SIM (BSIM) card at the Xuhui District West Bank Artificial Intelligence Center in Shanghai.

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China Looks To Leverage Blockchain In Economy And Governance

China is looking to leverage the potential of blockchain technology, according to a government release. Even as it uses the nascent technology to foster its central bank digital currencies (CBDC) program, China aims to apply blockchain in every area of its booming economy.

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China’s crypto landscape: How CBDCs drove blockchain adoption in 2020

As a developing tech power, China is one of the fastest countries in adopting blockchain technology.

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China Construction Bank to Tokenize $3 Billion Worth of Certificate of Deposit Via Blockchain

One of the major state-owned Chinese banks, China Construction Bank, is set to issue around $3 billion worth of certificate of deposits on the blockchain. These are debt instruments that have long been issued in traditional markets as ‘small term’ bonds.

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China registers over 10,000 blockchain firms in 2020

Despite the ongoing pandemic, blockchain growth in China is booming and may outpace 2018...

The post China registers over 10,000 blockchain firms in 2020 appeared first on Coin Journal.

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China BSN releases “first” integration plan; Chainlink, Ethereum, NEO feature

Six public blockchain nodes will be soon integrated into the Blockchain Service Network (BSN), one of China’s foremost blockchain projects. The post China BSN releases “first” integration plan; Chainlink, Ethereum, NEO feature appeared first on CryptoSlate.

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China Could Move From Digital Yuan to Regional Stablecoin with Hong Kong as the Epicenter

China’s interest in blockchain and state-issued cryptocurrencies is hitting new highs each week. The country has already earmarked a blockchain zone, piloted its CBDC project, and put friendly energy regulations in place for miners.

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China's Cyberspace Regulators Approve 224 Blockchain Ventures

Over 200 blockchain projects have been approved by China’s cyberspace regulators

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China's fast-evolving blockchain capabilities: over 4k companies founded in 2020

President Xi Jinping's backing of blockchain technology in October last year had garnered significant headlines. So what is happening on the blockchain front in China? While there has not been a siThe post China's fast-evolving blockchain capabilities: over 4k companies founded in 2020 appeared first on AMBCrypto.

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Will the ‘China Blockchain Narrative’ Lead the Cryptocurrency Market in 2020?

Now that China has the worst of the COVID-19 pandemic tentatively under control, it is once again looking at emerging technologies to give itself an edge. Could its blockchain focus be the dominant narrative for the cryptocurrency market in 2020? The pandemic may have stalled China’s blockchain aspirations temporarily, but the country is slowly but […] The post Will the ‘China Blockchain Narrative’ Lead the Cryptocurrency Market in 2020? appeared first on BeInCrypto.

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A Sovereign Blockchain is the Next Objective for China

China has made its blockchain ambitions very clear in the past few months. One of the ventures the government will focus on is a sovereign blockchain to be used by the Chinese Central Party School.

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Binance Academy Launches Blockchain Accelerator in China

The blockchain research institute plans to hasten blockchain adoption by integrating DLT into other emerging technologies that are thriving in China

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China’s Central Bank Clarifies It Does Not Want to Convert All Traditional Payments to Blockchain

The Digital Currency Research Institute within the People’s Bank of China has issued a statement further complicating our expectations for blockchain adoption in the country. There has been consistent media buzz surrounding China’s reorientation towards blockchain as an official state policy.

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Blockchain, not Bitcoin: China’s BTC Volume on LocalBitcoins Hits 2-Year Low

China’s Bitcoin trading volumes hit a two-year low despite president’s call to open doors to blockchain technology

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China Going Crazy With Blockchain, Big Brands Joining in While Projects See A Record 110% Growth

China’s “Blockchain not Bitcoin” narrative has been known for a long time and going strong as ever. In October, President Xi Jinping himself emphasized the country to “take the leading position” in blockchain technology and “seize the opportunity.

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33,000 Companies Register Blockchain Business in China

China now has more than 33,000 registered companies claiming to use blockchain technology in their businesses, according to the country’s Center for Information and Industry Development. The information was released at a recent blockchain conference hosted by a Chinese municipal government and several state-backed research institutes.

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China Continues to Streamline Its Blockchain Patent Application Process

China continues to streamline the guidelines on blockchain patent applications

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As China Looks to Become World’s Leader in Blockchain, What’s Next for 2020?

Coinspeaker As China Looks to Become World’s Leader in Blockchain, What’s Next for 2020?Since President Xi Jinping’s endorsement of blockchain technology, there have been several new related developments in China.

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China leads blockchain patents race in quantity, perhaps 'not quality'

In their recently published China Blockchain Report, Forkast News talked about China’s small, growing blockchain labor force, and how not enough talent and startups want to develop blockchain projecThe post China leads blockchain patents race in quantity, perhaps 'not quality' appeared first on AMBCrypto.

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China builds national blockchain with Huobi Group

Developing of national network to support blockchain projects begins in China. The project is being implemented in association with the Huobi Group, operator of the famous crypto-exchange. The aim of the project is to help small and medium enterprises to integrate blockchain solutions.

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Alibaba, OneConnect Leads China’s Blockchain Patent Race

Alibaba and OneConnect scored the highest in China’s recent Blockchain Patents list after they both filed IPO prospectuses at the same time. The development of blockchain technology continues to rage on across the world, and countless corporations are struggling to take the lead.

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Will China Adopt Blockchain for its Social Credit System?

They said blockchain would bring freedom by challenging world governments and greedy financial institutions. But what if blockchain is the ideal tool to enable totalitarianism? What if China Moves its Social Credit System to Blockchain? A few weeks ago, Chinese President Xi Jinping surprised the world by calling blockchain an important breakthrough, and announcing extra funding for the technology.

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Joe Lubin: China Will Avoid Blockchain’s ‘Decentralizing Aspects’

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

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Will China Reconsider Bitcoin Exchanges in a Bid to Bank Big on Blockchain and Cryptocurrency?

China has announced its plan to bank big on Blockchain technology when the president of the country had a press briefing calling for the accelerated adoption of blockchain technology. Since the announcement there has been a surge of new developments coming out of China, first, they passed a crypto law keeping the launch of its […]

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China goes all-in on blockchain

In an official speech, last Friday Chinese President Xi Jinping said China must make a greater effort to develop and apply blockchain technologies.

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Experts Expect “Multi-Billion-Dollar Support” From China in Blockchain & Crypto Companies

China’s President Xi Jinping’s latest remarks on the country embracing blockchain technology and taking a leadership position in the space will give Beijing an edge in the global race to lead in the nascent technology said, analysts and investors.

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China’s Blockchain Surveillance Program Poses Grave Risk to Billions

China seems to be going all-in with the mission to integrate blockchain technology into the state machinery and the world probably shouldn’t ignore the possible ramifications. Especially not now — after President Xi Jinping’s open and substantiated endorsement of the technology a few days ago.

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ICON Can Gain Momentum Upon South Korea’s Decision to Follow China’s Blockchain Initiatives

The blockchain market was full of good news from China last week. That was mainly after the president made a positive sentiment on the adoption of blockchain technology in the country. That information made the Chinese-based digital coins increase in price.

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Censoring the Censors: Examining China’s Blockchain U-Turn

Hardly two months ago, China was removing WeChat accounts of blockchain news operators and told hotels not to allow any cryptocurrency meetups. In an ironic turn of events, CN Ledger tweeted that it is now illegal to publish an article calling blockchain “a scam” in China.

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China: Calling Blockchain a ‘Scam’ Is Now Banned

As you might expect, China is leveraging its censorship state to align with its new blockchain-focused goals. It is now reportedly removing all articles claiming blockchain is a scam. The Chinese state is so serious about blockchain that they’re even outright censoring anyone who disagrees with the technology.

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China’s President Xi Jinping’s ‘blockchain shill helps Bitcoin awareness’

One of the biggest boosts for the blockchain and cryptocurrency space this year unexpectedly came from China. With the country changing its stance from banning Bitcoin and other cryptocurrencies to launching its own digital coin, CBDC.

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China’s Cyberspace Watchdog Approves 309 More Blockchain Services

China’s cyberspace watchdog approves 309 more blockchain service providers

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China Retailer JD.com Saw Free-Range Chicken Sales Increase With Help From Blockchain Integration

China Retailer Says That Free-Range Chicken Sale Increase Improved With Help From Blockchain Technology Blockchain technology offers an honest and immutable ledger, which has attracted the attention of multiple industries for their supply chain management.

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Blockchain Expert Says China’s National Currency Could Become a Cryptocurrency

In an interview with Bloomberg on April 17, 2019, Donald Tapscott, executive chairman of the Blockchain Research Institute, said that China’s official currency, the renminbi (RMB) will soon become a cryptocurrency.

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Chinese Regulator Approves First 197 Blockchain Firms, Including Tencent, Alibaba, Baidu

The first list of blockchain service providers registered in China — 197 companies long — has been released by China’s cyberspace administration

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China Takes First Place in Sheer Number of Blockchain Projects

Adoption of not just cryptocurrencies but the blockchain technology is on a steady rise. Many institutions and countries all over the world have started employing these solutions to either solve current issues or simply to improve effectiveness and efficiency in various sectors.

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China takes top spot with 25% of world’s blockchain projects

China appears to be edging ahead as a world leader in blockchain technology. As of November last year, the country was leading the world with 263 active blockchain projects, China. rog. cn reports.

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China Continues Blockchain Adoption: Shenzen (12M Population) Implements Blockchain Into Its Subway Systems

While China is known for its harsh rules and regulations regarding the cryptocurrency market – the government has banned ICOs, crypto… The post China Continues Blockchain Adoption: Shenzen (12M Population) Implements Blockchain Into Its Subway Systems appeared first on Invest In Blockchain.

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China’s Increasing Stake in Crypto

Blockchain technology continues to mature. Despite negative price movements, global powers have positively shifted their sentiments toward the cryptocurrency market. Many countries are further exploring this new digital landscape and developing legislative frameworks.

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China Introduces New Anti-Anonymity Regulations to Enable “Orderly Development” in Their Blockchain Industry

The Chinese blockchain industry is about to come under heavy scrutiny as the Cyberspace Administration of China (CAC) has introduced new regulations… The post China Introduces New Anti-Anonymity Regulations to Enable “Orderly Development” in Their Blockchain Industry appeared first on Invest In Blockchain.

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Blockchain Companies in China Will Soon Face Wide-Reaching Censorship

Blockchain firms in China will soon be working under new regulations designed to keep them in check. Beginning on February 15, new rules will force blockchain companies to register their domain names and server addresses with the Cyberspace Administration of China (CAC).

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China Announces New Regulations for Blockchain Companies to ‘Promote Healthy Development’

China is coming down hard on blockchain companies, even though the government appears to favor blockchain over cryptocurrency. The Cyberspace Administration of China (CAC) announced new regulations on Jan.

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China’s Internet Censor to Start Regulating Blockchain Firms Next Month

China’s internet censorship agency is bringing in regulations for blockchain service providers in the country.

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Fund Manager Says China Has a Love-hate Relationship With Crypto and Blockchain

China has one of the most divisive policies on digital currencies and blockchain. While the authorities love blockchain, they have completely sidelined cryptocurrencies. Hedge fund manager Edith Yeung recently discussed this approach at East Tech West.

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China Embraces the Blockchain Revolution

CoinSpeaker China Embraces the Blockchain Revolution David King, technology writer specializing in privacy, blockchain and FinTech, shares his view of the China’s blockchain technology journey, explaining key regulations, policies, and technology’s use-cases in the country. China Embraces the Blockchain Revolution

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Cyberspace Administration of China Releases Draft for the Regulation and Censorship of Data on Blockchain

The People’s Republic of China, known for its strong censorship of the Internet, is at it again. The Cyberspace Administration of China (CAC) released a draft proposal on Oct. 19 that determines how companies and individuals interact with blockchain networks.

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New Regulation in China to Require Blockchain Users to Register with their IDs

So far, China’s attitude towards digital currencies was oppressive, yet the country encouraged blockchain innovation. It seems like things are now changing. Recent reports indicate that China’s government has drafted a new regulation that requires users to register for blockchain services with their names and government IDs.

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