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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


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China Construction Bank to Sell $3 Billion Debt Bond on Blockchain

Blockchain technology has given companies the opportunity to move from traditional operating methods to simpler methods. The latest developments in China confirm this point. $3 Billion Bond Set for Sale via Bitcoin China Construction Bank, the world’s second-largest bank, announced plans to sell $3 billion in debt to the public through Bitcoin. дальше »

2020-11-12 15:00


$1.3M in Chinese Digital Yuan Were Spent In The Largest DCEP Test Run in Shenzhen Province

China is on the verge of completing trials and pilot programs for its national digital currency for the Yuan, which they are calling DCEP. The CBDC, which has been under development for over half a decade, is currently being put to the test through various government subsidies and as a form of payment in selected […] The post . дальше »

2020-10-22 21:56


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Capital Flight from China Causing Bitcoin’s Pump: Kyle Bass

Well known fund manager of Hayman Capital Management, Kyle Bass, believes that the current run-up in Bitcoin is has been caused by global trade tension, Yuan devaluation, and capital leaving China. In an interview with Yahoo, Kyle emphasized that while capital is leaving China through gold and Bitcoin, the rising market will be cut short byRead MoreRead More. дальше »

2019-8-8 19:00


Dow Cringes After Trump Unleashes Devastating China Rebuke

The Dow suffered a vicious setback on Tuesday after President Donald Trump unleashed a devastating tweetstorm rebuking China for its behavior throughout the trade war. The attack, which came just as the two countries were on the cusp of resuming face-to-face negotiations following a frosty standoff, sent another chill through Wall Street. дальше »

2019-7-30 16:44


Dow Flat-Lines as Stock Buybacks Provide False Sense of Security

The Dow and broader U.S. stock market traded mixed on Wednesday despite news that the United States and China are eager to bury the hatchet on their nearly yearlong trade dispute. Dow Loses Luster; S&P 500 Follows All of Wall Street’s major indexes traded in positive territory through the early afternoon session, reflecting a positive […] The post Dow Flat-Lines as Stock Buybacks Provide False Sense of Security appeared first on CCN Markets дальше »

2019-6-27 22:21


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Quantum breakthrough could lead to ‘super-powered’ hard disk drives

While the world’s focused on the latest Avenger’s flick, an international team of scientists have potentially unlocked the super powers of another familiar Marvel character: Magneto. Researchers from the Argonne National Laboratory, Oakland University in Michigan, and Fudan University in China have discovered a quantum-level exploit that has the potential to give engineers greater control over the magnetic properties of certain metals. дальше »

2019-4-27 23:49