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Blockchain, 5G, and Supercity Projects to Help China Revive Economic Growth

Down but not out — that’s the state of the Chinese economy as it stands today amidst the prolonged trade war against the United States. Despite all the challenges, the communist regime under President Xi Jinping remains committed to going a step up in the rankings to make China the largest economy in the world, […] The post Blockchain, 5G, and Supercity Projects to Help China Revive Economic Growth appeared first on BeInCrypto. дальше »

2019-12-25 03:26


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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Chinese Regulators Question 8 Crypto Companies in Shenzhen

Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with authorities reportedly questioning their representatives at a meeting hosted by Shenzhen Financial Regulatory Bureau. дальше »

2019-12-21 23:00


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Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy

In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other notable regulatory developments in the crypto space. дальше »

2019-12-16 18:20


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От FUD до FOMO — китайские национальные газеты называют Bitcoin «успехом»

China Daily опубликовала статью о биткойнах. Публикация описывает первую криптовалюту как успешное применение технологии блокчейна и предоставляет читателям основы, необходимые им для изучения Биткойна. дальше »

2019-12-15 14:48


Sweden’s Central Bank, Riksbank, Partners with Accenture to Develop CBDC Dubbed ‘E-Krona’

The wave of Central Bank Digital Currency (CBDC) is gaining momentum after China’s progress and expected coin launch in 2020. Sweden is the latest country to announce a pilot test plan for the ‘e-krona’ digital currency; this will be its CBDC in the near future as more governments continue to embrace FinTech in digital payments. […] дальше »

2019-12-14 19:12