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Report: Bitcoin Bull Run and Rising Awareness of Digital Currencies Led to a 20% Increase in Crypto Related Lawsuits in China
A report from China says as many as 872 lawsuits relating to cryptocurrencies were filed in the past year, a figure which is approximately 20% more than that of 2019. Using data obtained from the China Judgment Document Network (CJDN), the report shows that the province of Guangdong had the highest number with 106. Completing […] дальше »
2021-1-29 21:00 | |
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Geopolitics at Stake in US Response to China’s Digital Yuan: Report
From privacy to political power, China’s digital yuan will have far-reaching implications. дальше »
2021-1-28 23:04 | |
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Global Chip Shortages Disrupt Bitcoin Mining Rig Production: China’s Dominant Position as Hash Rate Leader Under Threat
The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases. дальше »
2021-1-25 18:30 | |
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Research: China Still Dominating the Cryptospace Despite Regulatory Bottlenecks
The latest research report released by Messari has revealed that the Asian region still dominates the cryptocurrency markets, with China leading the pack, despite the country’s overly strict, albeit draconian digital assets regulation. дальше »
2021-1-21 18:01 | |
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China: Hospital Issues Blockchain-Based Electronic Bill
In a first, a Chinese hospital sends its patient the first blockchain-powered electronic bill. Electronic Bill on Blockchain According to a Coindesk report on January 13, a hospital in China recently sent the first electronic bill to one of its patients. дальше »
2021-1-14 18:00 | |
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Chinese Bank Trials Digital Yuan ATMs in Shenzhen as Part of Third CBDC Test
The Agricultural Bank of China, one of the biggest banks in the country, has recently kicked off the testing of ATMs that would allow customers to convert their cash into digital yuans, according to a report by SZNews on Jan 10. дальше »
2021-1-11 21:00 | |
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Chinese Bank Trials Digital Yuan Services at ATMs: Report
Trials of China's central bank digital currency continue, with ATMs now starting to be used in Shenzhen. дальше »
2021-1-11 15:49 | |
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Digital Yuan Still in Trial: China Airdrops Another $3 Million Worth of Its DCEP to 10,000 Suzhuo Residents
China’s digital Yuan has been facing a series of trials since its launch. The country has been making several attempts to gain a foothold for its digital currency. Still, in the test phase, China has just airdropped another $3 Million worth of its DCEP to some Suzhuo residents, according to a new report. This appears […] дальше »
2020-12-17 18:00 | |
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China Stance on Crypto Remains The Same; Blockchain, Not Bitcoin
In a recent report by Chinese state media Xinhuanet, the Chinese government wants its citizens to stop paying attention to cryptocurrency but concentrate more on blockchain technology, the technology behind the cryptocurrencies. дальше »
2020-12-5 22:39 | |
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Counterargument: why China seizing $3.2B in Bitcoin and Ethereum isn’t a big deal
According to a report from CoinDesk, the Chinese government has seized $4.2 billion worth of cryptocurrencies. The post Counterargument: why China seizing $3.2B in Bitcoin and Ethereum isn’t a big deal appeared first on CryptoSlate. дальше »
2020-11-27 15:44 | |
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China: BSN Adds Polkadot (DOT), Oasis Network, and Bityuan
China’s state-backed Blockchain Service Network (BSN) has added new members. BSN Adds New Blockchain Projects According to a report by Coindesk, China’s BSN has onboarded several new projects, including distributed ledger technology (DLT) project Polkadot (DOT), cloud computing project Oasis, and Chinese public chain project Bityuan. дальше »
2020-11-27 23:00 | |
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China Construction Bank (CCB) Branch in Malaysia Instructed to Cancel the $3 Billion Bond
The Malaysian branch of the China Construction Bank (CCB) has suspended the issuance of a $3 billion bond (Longbond SR Notes USD Feb 2021) without explanations, a Reuters report on Nov 23 shows. The Suspension and Assessment of the Bond Issuance Program CCB is one of the largest banks in the world by assets and owned by theRead MoreRead More. дальше »
2020-11-24 02:00 | |
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China's CCB withdraws $3B blockchain bond to be listed on Malaysian exchange
In a development that has taken many in the community by surprise, a blockchain bond worth $3 billion has been withdrawn from a Malaysian crypto-exchange, according to a recent report. The bond in queThe post China's CCB withdraws $3B blockchain bond to be listed on Malaysian exchange appeared first on AMBCrypto. дальше »
2020-11-23 14:30 | |
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Huobi Plans Takeover of Major Japanese and South Korean Crypto Exchanges
Huobi, China’s largest crypto trading desk Huobi is reportedly pursuing an aggressive globalization agenda that involves the acquisition of major crypto exchanges across Asia. Huobi Eyes bitFlyer and Bithumb Acquisition According to an exclusive report by Chinese crypto news source @WuBlockchain, Huobi is set to purchase major Asian crypto exchanges bitFlyer and Bithumb. дальше »
2020-11-18 00:00 | |
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Leading Chinese chemical firm embraces the blockchain to cut costs
Sinochem Energy High-Tech, a state-owned petrochemical giant in China, has rolled out a blockchain warehouse receipt platform. A report unveiled this news on October 16, noting that this move aims to address the rising cost of operations and trade financing. дальше »
2020-10-17 20:15 | |
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China State-Owned Media Covers Crypto as 2020’s Best Performing Assets Driven by DeFi & Weak Dollar
In an unusual coordinated report on Friday, several Chinese state-owned media covered cryptocurrencies, calling them the best-performing assets of 2020. The country’s top broadcaster, China Central Television (CCTV), ran a three-minute-long news clip, highlighting crypto assets rallying 70% this year. дальше »
2020-9-27 17:33 | |
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Dissatisfied miners in China want to fork Filecoin
Multiple mining groups in China have announced that they will fork Filecoin’s blockchain as they claimed to be dissatisfied with mining rewards, according to a report in Sohu.com, a Chinese media coThe post Dissatisfied miners in China want to fork Filecoin appeared first on AMBCrypto. дальше »
2020-9-18 23:30 | |
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Travala.com enters the fast-recovering Chinese travel market
Travala. com, a Binance-backed online travel agency has started wooing tourists in China. A report unveiled this news on September 17, noting that the firm has penetrated the Chinese travel market as the sector continues making a comeback to pre-COVID-19 levels. дальше »
2020-9-18 15:40 | |
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Report suggests Bitcoin hash rate stays intense despite heavy rains
The new report published by the Stack Funds shows that heavy rains and monsoon season in China has not forced miners to step back from mining Bitcoin. Lately, China has been experiencing power outage issues because of the rains. дальше »
2020-9-11 12:19 | |
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Euro’s Dominance at Risk of Replacement by Digital Yuan in the Next Five Years: dGen Report
The Euro might be overtaken by China’s digital Yuan as soon as 2025 if the European Union will not have launched a CBDC by then, highlights the latest research report by German-domiciled think tank, dGen. дальше »
2020-9-10 21:15 | |
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Japan Speeds up CBDC Development as China’s Digital Yuan Advances
Top Japanese bankers and officials say digital currency development is a top priority now as the country “trails behind” China and South Korea in similar projects, according to a report by Japan Today. дальше »
2020-9-7 15:49 | |
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The Trials of China’s DCEP Focusing on Retail Transactions: Report
The experimental test of China’s sovereign digital currency is currently focused on small retail transactions and hasn’t expanded to large volume transactions yet, said the country’s central bank as reported by local media. дальше »
2020-8-24 19:28 | |
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Investors Move $50B in Crypto from China to Avoid Beijing Rules, Chainalysis Report Says
Coinspeaker Investors Move $50B in Crypto from China to Avoid Beijing Rules, Chainalysis Report SaysChainalysis reported that at least $50 billion of cryptocurrency moved from China-based digital assets to other parts of the world in 2019 hinting at capital flight from Beijing rules. дальше »
2020-8-21 17:55 | |
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$50B Worth of Crypto, Mainly Tether, Are Used for Capital Flight Out of China: Chainalysis
Blockchain analytic firm, Chainalysis, has released a new research report which indicates that crypto assets estimated at approximately $50 billion have been sent to other destinations around the world from China. дальше »
2020-8-21 17:48 | |
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US Says North Korea Has 6,000 Hackers: Many in Belarus, China, India, Malaysia, Russia
North Korea allegedly has about 6,000 hackers, many of whom operate abroad, according to a recent report published by the U. S. Army. The infamous Lazarus Group, thought to be linked to a number of cryptocurrency exchange hacks, is among them. дальше »
2020-8-20 15:15 | |
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Chainalysis: $50 billion was moved from China using cryptocurrencies
Over the past year, more than $50 billion in cryptocurrencies was moved from digital wallets in China to other jurisdictions, according to the latest Chainalysis report. Chinese people use cryptocurrencies to bypass financial cross-border controls. дальше »
2020-8-23 14:29 | |
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China’s State Banks Test Digital Wallet App for CBDC Payments
China’s state-run commercial banks are conducting large-scale internal testing of a digital wallet application in preparation for rolling out a central bank digital currency (CBDC). Employees at state-run banks in cities including Shenzhen have started internally testing an app that will be used for transferring money and making payments, a Reuters report stated. дальше »
2020-8-7 14:25 | |
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100 Key Members of PlusToken Arrested, $2 Billion Scheme Disbanded
PlusToken’s core members have been arrested in China, and the scheme has been completely demobilized, says a report from Cailian News. The report claims over 100 people were arrested by... дальше »
2020-7-30 14:09 | |
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International Banks Reportedly Enhance Due Diligence in Hong Kong Following New Security Law
Global banks have begun scrutinizing their Hong Kong clients to filter out pro-democracy individuals following the new national security law backed by mainland China. A recent report by Reuters has revealed that the likes of HSBC, Credit Suisse, and Julius Baer are among the international banking giants that have since increased their diligence process, screening […] дальше »
2020-7-22 20:29 | |
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Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14%
A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the U.S. 14%. The data is in sharp contrast with earlier findings from the University of Cambridge Centre for Alternative Finance (CCAF), which put China’s share of the world hash rate at 65% and […] The post Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14% appeared first on Bitcoin News. дальше »
2020-7-18 03:05 | |
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Australian Mining Giant Trials Blockchain, Completes $14 Million Iron Ore Transaction to China
According to a Reuters report on June 29, 2020, BHP Group completed a trial transaction worth $14 million with China Baoshan Iron & Steel Co Ltd (Baosteel). Iron ore was tracked and delivered through a blockchain platform offered by MineHub Technologies in June 2020. дальше »
2020-6-30 19:00 | |
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Bitmain Losing its Market Share as Customer Base Moves More and More Out of China: BitMEX Report
“Competition has tightened within the ASIC manufacturing industry,” stated BitMEX in its latest research report noticing the presence of big players like Bitmain, Canaan, Ebang, and MicroBT. According to the report, post halving, both the ASIC manufacturing and mining farm operating sector will consolidate further. дальше »
2020-6-17 22:22 | |
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China’s Digital Yuan Set to ‘Displace’ Bitcoin and U.S Dollar; Report
China's Digital Yuan could challenge the U. S dollar and Bitcoin, according to a recent report by Bloomberg. The PBoC backed digital asset was piloted in April by the Agricultural Bank of China within four cities in the country. дальше »
2020-6-4 00:04 | |
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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 | |
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Report: McDonald’s, Starbucks, Subway Likely to Trial China’s Digital Yuan
Popular restaurant franchises including Starbucks, McDonald’s, and Subway could be the first of the many companies that are reportedly being considered to test China’s central bank digital currency (CBDC) – the digital yuan. дальше »
2020-4-24 17:00 | |
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EOS, TRON, and Ethereum Top the Latest CCID Blockchain Rankings; COVID-19 Slows Progress
The Center for Information and Industry Development (CCID), under the Ministry of Industry and Information Technology in China, has released a report ranking 37 of the most popular Blockchain Technologies currently in the market. дальше »
2020-4-14 15:45 | |
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China’s Second-Largest Courier Service to Use Blockchain to Track Movement of Medicines
China’s second-largest courier services provider – SF Express – is contemplating the use of blockchain technology for the movement of critical supplies during the ongoing COVID-19 pandemic. This, according to a report by Global Times, March 30, 2020. дальше »
2020-3-30 21:00 | |
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China Moves Closer to Issuing its Digital Currency in the Face of Coronavirus: Report
The People's Bank of China is getting nearer to releasing its digital currency, reports The Global Times. According to the latest report, China’s central bank in collaboration with private companies has completed the development of the basic function of the autonomous digital currency and is now drafting laws for its circulation. Many companies in the […] дальше »
2020-3-24 18:23 | |
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