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Appetite for Crypto Assets Could Grow as PBOC Announces Easing
The crypto market is off to a bad start this week. But that has not depleted its possibilities of registering a big fat rebound thanks to Beijing. The People’s Bank of China announced that it is slashing down interest rates on its medium-term loans – from 3. дальше »
2020-2-18 17:00 | |
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China Turns to Blockchain As Coronavirus Spins Out of Control
With 65,000 people infected with the coronavirus and more than 1,400 fatalities in China, many basic medical supplies are scarce. To improve donation efficiency amid the crisis, Chinese startup Hyperchain has launched a blockchain-based solution. дальше »
2020-2-14 18:30 | |
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People’s Bank of China Has Filed 84 Digital Payment Patents For CBDC’s: Report
According to the Chamber of Digital Commerce, China has filed 84 patents for the digital yuan, its new upcoming digital currency. The patents date to 2017 and are credited to the People’s Bank of China’s (PBoC) Digital Currency Institute. дальше »
2020-2-14 00:55 | |
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China takes additional steps to digitise the renminbi
The People’s Bank of China files for multiple patents related to digital currency
дальше »2020-2-13 07:34 | |
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China Takes Additional Steps to Digitize the Renminbi
The People’s Bank of China files for multiple patents related to digital currency
дальше »2020-2-13 07:34 | |
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China Files 84 Patents For Central Bank Digital Currency
Reports of more than 80 digital payments-related patents filed by the People’s Bank of China (PBOC) is offering concrete proof of the country’s moves to launch a CBDC. China Serious About CBDC Issuance According to the Financial Times, China’s central bank has filed 84 patents relating to its plans to launch a digital currency electronic payments DCEP system. дальше »
2020-2-13 22:30 | |
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Professor Says Coronavirus is Infecting 50,000 a Day, and He May be Right
Disease analyst estimates coronavirus is infecting 50,000 people/day in China. Evidence suggests his model is more reliable than government's. The post Professor Says Coronavirus is Infecting 50,000 a Day, and He May be Right appeared first on CCN.com дальше »
2020-2-8 05:00 | |
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Blockchain Will Help Defeat Coronavirus
The Wuhan coronavirus spread is gaining pace: with over 15,000 infected and nearly 400 people already dead, this epidemic can’t be ignored anymore. What is even more important, the virus has stepped way outside mainland China and was diagnosed in 20 countries around the globe including the USA, Japan, Thailand, Singapore, Hong Kong, Germany, France, […] дальше »
2020-2-7 12:30 | |
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The Coronavirus Threatens Chinese Bitcoin Mining Operations
The coronavirus has affected many aspects of life in China. Contrary to what most people assume, it can affect Bitcoin mining operations as well. One mine located in a remote suburb has been shut down as a precautionary measure. дальше »
2020-2-7 02:00 | |
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China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. дальше »
2020-2-4 22:35 | |
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People’s Bank of China Injects $174M Into Economy, More Than Bitcoins Entire Market Cap
While economies all over the world are functioning at a slower pace, central banks are trying to prevent a collapse by flooding more money into their markets, with China injecting the entire Bitcoin (BTC) market cap into the system. дальше »
2020-2-3 19:36 | |
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China Prints Entire Bitcoin Market Cap in Single Day to Calm Coronavirus Fears
The People’s Bank of China has injected some 1. 2 trillion yuan ($173. 8 billion) to calm markets as coronavirus fears worsen. That’s more than the entire market capitalization of Bitcoin (BTC). дальше »
2020-2-4 18:24 | |
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Businesses in China Turn to Remote Work as Coronavirus Outbreak Forces People Indoors
Coinspeaker Businesses in China Turn to Remote Work as Coronavirus Outbreak Forces People IndoorsAs people in China are not leaving their homes in fear of contracting with those who have already caught the coronavirus, the model of remote work has now become the way to go. дальше »
2020-2-3 16:45 | |
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The Chinese CBDC Will Have Transactions Approved by the PBoC
A lot of people wonder about China’s CBDC. Little information has come to light so far, yet new details continue to trickle in over time. In the most recent update, some of the suspicions have been confirmed by official sources. дальше »
2020-1-31 01:00 | |
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Former PBoC Gov Tells China To Join Global Regulation Conversation For Libra Stablecoin
Former People’s Bank of China Deputy Governor, Min Zhu, insisted on the importance of China joining other nations in the global discussion on how to regulate Libra cited an article emanating from the South China Post. дальше »
2020-1-29 17:10 | |
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Shocking Coronavirus Stat Aggravates Wuhan’s Failure to Contain Infection Outbreak
15,510 people from Wuhan, China came into South Korea and Japan over the last 24 days. The coronavirus outbreak started as early as November 2019. The post Shocking Coronavirus Stat Aggravates Wuhan’s Failure to Contain Infection Outbreak appeared first on CCN.com дальше »
2020-1-29 14:01 | |
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Ex-PBoC Governor Urges China to Join Global Conversation on Libra
A former senior official with the People’s Bank of China (PBoC) believes the nation should join a global conversation about regulating stablecoins, with a particular focus on the Libra stablecoin. дальше »
2020-1-29 00:00 | |
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Bitcoin Mining Farms Not Closing Because of Coronavirus
Some 70% of mining is in China where an outbreak has led to 80% of the people there staying indoors according to a bitcoin miner in China. Bitcoin mining farms... The post Bitcoin Mining Farms Not Closing Because of Coronavirus appeared first on Trustnodes. дальше »
2020-1-28 21:12 | |
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Binance Pledges $1.5 Million for Coronavirus Victims
Bitcoin exchange Binance is leading the charity effort to provide support to coronavirus victims by pledging $1. 5 million. Binance Leading the Effort to Help Coronavirus Victims The new virus Coronavirus has already infected thousands of people and, as of this writing, claimed 56 deaths in China. дальше »
2020-1-27 23:00 | |
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Bitcoin's economies of scale make it harder to get involved in mining
Bitcoin's constant deterrent towards true decentralization can be attributed to the centralization of mining, with several people expressing concerns over mining sector concentrating in China in partiThe post Bitcoin's economies of scale make it harder to get involved in mining appeared first on AMBCrypto. дальше »
2020-1-24 12:30 | |
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Anti-Coronavirus Foundation was created in Davos, Switzerland
You all know that an outbreak of a new coronavirus in China has killed at least 17 people and sickened more than 400, and has spread to several other countries. The worst fears are that the new virus may resemble even outpass damage brought by SARS, which sickened thousands of people around the world and […] дальше »
2020-1-24 17:04 | |
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China Coronavirus Is Killing Global Stock Market and May Lead to Its Serious Correction
Coinspeaker China Coronavirus Is Killing Global Stock Market and May Lead to Its Serious CorrectionAccording to experts, the coronavirus, that has already killed a number of people in China, has created a new level of uncertainty for global markets. дальше »
2020-1-22 10:37 | |
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China’s Overreaching Social Credit System Makes Room for Bitcoin to Shine
The Chinese government of today is known for several things, but perhaps one of the most prominent will be its consistent efforts to keep control of its people. By launching several initiatives, Beijing has gone well out of its way to ensure that it has its eyes all over the country. дальше »
2020-1-15 09:14 | |
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Doubts Surface Over China Central Bank Currency Plan
People’s Bank of China may be ready with the top-level rules for its hypothetical state-backed digital asset, but doubts are still surfacing over the project’s wider application. China Central Bank Currency Meets Fresh Skepticism The central bank has announced it will “continue its solid study on the digital currency and keep monitoring the latest development of digital currency initiatives around the world,”reported Ejinsight. дальше »
2020-1-15 18:30 | |
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What’s happening with crypto in China? 3 things investors should consider
It has been over two years since the People’s Bank of China (PBoC) effectively banned crypto exchanges and trading. Yet, China remains a key topic in the crypto space in 2020. Three important aspects of China’s crypto sphere investors have to consider are: the prosperous local bitcoin mining industry, rapidly growing blockchain development, and the […] The post What’s happening with crypto in China? 3 things investors should consider appeared first on CryptoSlate. дальше »
2020-1-14 00:00 | |
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China’s Central Bank: Here’s the Latest on the Digital Yuan
The People's Bank of China said several important processes in the development of the digital yuan were "almost complete." дальше »
2020-1-11 23:51 | |
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China’s PBoC Completes ‘Top-Level’ Design For Digital Yuan, Launch Date Still Unknown
The People Bank of China (PBoC) has just completed a top-layer design and the testing of its central bank digital currency (CBDC) that should be released very soon. As reported by Chinese news outlet Sina on January 10, the tests and top-layer design for the digital Yuan were accomplished and developed according to relevant standards. […] дальше »
2020-1-11 21:18 | |
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China's central bank completes top-layer design on digital yuan
If 2019 was the year central banks dipped their toes into sovereign digital currencies, 2020 seems to be the year they go all in. People's Bank of China [PBoC], the central bank of China, stated thThe post China's central bank completes top-layer design on digital yuan appeared first on AMBCrypto. дальше »
2020-1-10 14:30 | |
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China's DCEP, Libra and Bitcoin would serve completely opposite purposes
One of the major talking points of 2019 was China's involvement with blockchain and the launch of its DCEP. With the People's Bank of China announcing that a digital yuan would soon be released in theThe post China's DCEP, Libra and Bitcoin would serve completely opposite purposes appeared first on AMBCrypto. дальше »
2020-1-9 01:30 | |
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China’s Blockchain Services Network Will Launch in Q2 2020
China’s blockchain venture continue to dominate media headlines. As more information comes to light, it becomes easier to see the bigger picture. Many people wonder when China will launch its national blockchain network. дальше »
2020-1-8 02:00 | |
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China Digital Currency ‘Progressing’, But Still No Launch Date
The People’s Bank of China recently published an update on the development of its national cryptocurrency, stating that it is ‘progressing smoothly. ’ Last week, China’s central bank held its annual work conference in Beijing, during which it touched upon numerous topics, one of which is its own CBDC. дальше »
2020-1-7 13:50 | |
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People’s Bank of China ‘Progressing Smoothly’ With Digital Yuan
The People’s Bank of China says it is making smooth progress with the development of its forthcoming digital currency
дальше »2020-1-6 12:57 | |
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The People’s Bank of China (PBOC) Just Inflated More Air into the Stock Market Bubble
Wall Street and global stocks are off to a good start in 2020 after the People's Bank of China provided a fresh liquidity boost to Chinese banks. The post The People’s Bank of China (PBOC) Just Inflated More Air into the Stock Market Bubble appeared first on CCN.com дальше »
2020-1-3 16:30 | |
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China Continues Anti-Crypto Stance With Beijing Warning; Will it Work?
Shanghai Securities News has just reported that authorities in Beijing, China’s capital, have renewed their anti-crypto stance. Per the report and one from The Block, the Beijing Local Financial Supervision and Administration Bureau, the Business Management Department of the People’s Bank of China, the Beijing Banking and Insurance Regulatory Bureau, and the Beijing Securities Regulatory. дальше »
2019-12-27 15:00 | |
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China’s Central Bank Digital Currency is “Digital Form of the Yuan” & “Not for Speculation”
China’s new sovereign digital currency would not be open to speculation like other cryptocurrencies, said a Chinese central bank official on Saturday. Mu Changchun, head of the People’s Bank of China’s digital currency research institute said it would be a “digital form of the yuan” that wouldn’t need the backing of a basket of fiat […] дальше »
2019-12-23 19:11 | |
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PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin
According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket for backing, Changchun affirmed. дальше »
2019-12-23 10:21 | |
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Hong Kong Police Freeze $10M Fund for Protesters, Bitcoin Becomes a More Attractive Option
The Hong Kong Police, working with China, has frozen a major fund that was intended for arrested and injured protestors. The case for financial freedom with Bitcoin has never been more clear. Bitcoin’s popularity always seems to spike when people’s wallets are directly affected. дальше »
2019-12-19 20:20 | |
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Will China support crypto market? People’s Bank of China issues blockchain bonds
Despite numerous hostile measures regarding cryptocurrencies, People’s Bank of China can contribute to the development of the cryptocurrency market, and significantly. Bonds on the blockchain worth 20 billion yuan ($ 2. дальше »
2019-12-11 20:10 | |
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PBoC to Test Crypto Yuan with Telecom Firms, Commercial Banks
People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to create a testing ground with the aid of major Chinese companies and banks. дальше »
2019-12-9 12:16 | |
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People’s Bank of China Is to Try Out Its New Digital Currency in Two Cities
Coinspeaker People’s Bank of China Is to Try Out Its New Digital Currency in Two CitiesThe People's Bank of China is preparing for testing its digital currency in the cities of Shenzhen and Suzhou. дальше »
2019-12-9 11:48 | |
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Will China's 'Cryptocurrency' Pump - or Pummel - Bitcoin?
China's long-fabled "cryptocurrency" launch is finally on the horizon. According to Bloomberg, People’s Bank of China (PBoC) payments department deputy director Mu Changchun confirmed at the China Finance 40 Forum that the country’s cryptocurrency is nearing its release following a year of research and development. дальше »
2019-8-13 20:03 | |
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China Says Its Crypto Is Ready: How Will This Affect Bitcoin?
For nearly five years, China has been working on its cryptocurrency. For much of the time, the People’s Bank of China has chosen to keep this fact a secret. However, last year reports emerged and the country could not hide it anymore. дальше »
2019-8-12 15:32 | |
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