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China’s CBDC Could Be the Death Knell for Macau’s High Stakes Gambling Scene

Macau’s gambling industry already affected by the coronavirus could be in for another significant external stress in the form of China’s central bank digital currency (CBDC). The emergence of traceable digital yuan enforced by Beijing on the enclave may likely send shockwaves through the sector, forcing several high-rollers to take their money elsewhere. дальше »

2020-12-3 00:00


How U.S. Restrictions on Wechat & Other Chinese Brands Could Boost Crypto

The ongoing tensions between the U.S. and China could boost crypto should certain events transpire, say certain investors. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue Ongoing China-US Tensions May Be Able to Boost Crypto: Dovey Wan & Others President Trump announced that U.S. businesses can […] дальше »

2020-8-8 06:00


Telegram CEO Blasts Trump’s Plans To Ban TikTok In The U.S. As ‘Killing The Internet’

Russian billionaire, Pavel Durov, released his official note on U.S. President Trump’s latest calls to ban Chinese affiliated social media app, TikTok, from the country. The Telegram CEO says the act of banning the social app, with over 800 million users, will set a precedent that may end up killing the internet. China has been […] дальше »

2020-8-6 15:25


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Bitmain’s Power Tussle Reaches Fever Pitch As Micree Zhan Accuses Jihan Wu Of Illicit Actions

In the light of recent events, Bitmain’s ownership may soon be confronted with a dramatic upturn. On June 22, Micree Zhan, one of the co-founders of Bitmain, the largest bitcoin mining chip producers in China, issued a document against his founding co-partner Jihan Wu, accusing him of illicit actions which put a threat of him […] дальше »

2020-6-23 18:45


Cambodia’s Central Bank Rolls Out Blockchain Payment System Whitepaper; It’s Not A CBDC

After three years of development, the Cambodian national digital currency may be out later this month, according to a recently released whitepaper. The permissioned blockchain-based payments system differs from the central bank digital currencies, also known as CBDCs, being offered by several states, including China and Russia, the paper states. дальше »

2020-6-22 21:04


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China May Use CBDC in International Transactions: NEO Chief

China may be making plans to include its central bank digital currency (CBDC) in international transactions. That’s the rub according to NEO blockchain CEO Da Hongfei who Tweeted on Wednesday: “Da Hongfei, founder of blockchain platform Neo, says the central bank could split part of the digital currency for use outside of China, much as […] The post China May Use CBDC in International Transactions: NEO Chief appeared first on BeInCrypto. дальше »

2020-6-4 19:38


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China’s First Civil Code Allows Citizens to Inherit Cryptocurrency

The Chinese Parliament has adopted the country’s first Civil Code, which among other things, enables citizens to inherit bitcoin and other cryptocurrencies. Crypto Inheritance Now Allowed in China In a report by local news outlet Xinhua News on Thursday (May 28, 2020), the adoption of China’s first Civil Code was made during the third sittingRead MoreRead More. дальше »

2020-5-29 15:14


Bitcoin Rally Driven By Eager Chinese Buyers, Key Data Shows

New data based on the delta between Chinese buyers and derivatives markets in Bitcoin markets suggests that much of the recent rally has been driven by crypto investors in China. But why are Chinese buyers dominating Bitcoin interest, and what is sparking the unusual phenomenon? Indicator Shows Chinese Buyers Are Dominating Derivatives Bitcoin price may... дальше »

2020-5-22 23:00


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Digital Yuan to Fuel China’s Economic Reign – McDonald’s, Starbucks, Subway Test PBoC’s Cryptocurrency

China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s financial rule. In 2020, various reports show that China’s central bank will soon release a cryptocurrency that represents a digital yuan. дальше »

2020-4-25 23:05


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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. дальше »

2020-4-17 16:10