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China’s national cryptocurrency is getting more ominous
China’s central bank governor gave an update on the national currency being developed this week Anonymity and privacy will be protected, he argues Our Analyst Dan Ashmore is not so sure, believing these digital currencies are potentially very dystopian Having said that, there are advantages to the nascent concept, too But with China leading the […] The post China’s national cryptocurrency is getting more ominous appeared first on CoinJournal. дальше »
2022-11-2 15:53 | |
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U.S. Sanctions against China Tailwind for Bitcoin’s Bullish Moves
Bitcoin anticipates market growth as White House National Security Advisor Robert O’Brien threatens China with economic sanctions over Hong Kong national security law. The warning could lead the People’s Bank of China to devalue yuan that, according to Naeem Aslam of AvaTrade, could prove disastrous for all currencies. дальше »
2020-5-25 07:53 | |
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THEKEY’s blockchain solutions to facilitate issuance of e-medicare card
THEKEY, a decentralized ecosystem of Identity Verification (IDV) tools integrating national big-data and the blockchain, announced it has won a government bidding for a blockchain application in Jiangsu Province, China. дальше »
2019-12-10 17:43 | |
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China Too Dependent on Foreign Blockchain Tech, Claims National Finance Senior
Li Lihui, the previous president of the Bank of China and current leader of the National Internet Finance Association (NIFA), recently told reporters that China is too dependent on foreign blockchain technology. дальше »
2019-12-9 16:05 | |
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China builds national blockchain with Huobi Group
Developing of national network to support blockchain projects begins in China. The project is being implemented in association with the Huobi Group, operator of the famous crypto-exchange. The aim of the project is to help small and medium enterprises to integrate blockchain solutions. дальше »
2019-12-3 13:50 | |
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India does not want to lag behind China in blockchain
The Government of India has announced a framework to support the development and integration of blockchain technology (The National Level Blockchain Framework). Blockchain will be used in several sectors of the Indian economy. дальше »
2019-11-29 13:27 | |
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China's PBoC announces standards to be followed by blockchain, Fintech groups
On the heels of Xi Jinping's historical blockchain announcement, China recently announced the establishment of a national standards committee for blockchain technology to boost high-tech innovation. дальше »
2019-11-21 12:38 | |
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China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain
The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday. Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new technologies applied across the financial […] дальше »
2019-11-22 09:00 | |
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China Reinforces ‘Blockchain Not BTC’ Saying Cryptos Are ‘Unregistered Security’ & ‘Illegal Ponzi’
China is taking serious action against cryptocurrencies, solidifying its stance on “blockchain not bitcoin. ” Dovey Wan, Founding Partner at Primitive Crypto shared the latest developments where CCTV1, the national flagship television network of the People's Republic of China featured a 60-minute investigative program on cryptocurrency. дальше »
2019-11-18 18:51 | |
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People’s Bank of China Announces Test Program to Limit Cash Transactions
The People’s Bank of China (PBOC) revealed that a new regulatory pilot program will be rolled out in three provinces seeking to limit the size of unregistered cash transactions allowed in the nation. дальше »
2019-11-17 00:22 | |
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Holders of the Digital Yuan Will Not Be Paid Interest
China has been sending mixed signals about its preparedness to issue a national crypto. Despite the new blockchain push, there is still no timeframe for the anticipated launch of the digital yuan and few details have been revealed so far. дальше »
2019-11-9 22:00 | |
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Turkey Becomes the Latest Nation to Work on Digital Fiat
Trade wars, sanctions, fear from private and decentralized cryptocurrencies. Regardless of the motive, a number of governments have recently taken the path of creating their own digital money. Turkey has become the latest country to announce plans for the issue of a “blockchain-based” national currency. дальше »
2019-11-8 17:35 | |
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China Removes Bitcoin Mining From Unwanted Industries List
Inspired by its new fascination with blockchain, China now seems to have changed its mind about cryptocurrency mining. The latest version of a national macroeconomic plan indicates that the government in Beijing has given up intentions to suppress the bitcoin mining industry, in which Chinese companies have become global leaders. дальше »
2019-11-7 19:00 | |
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China reverses decision to ban crypto mining in 2020
The plan to include cryptocurrency mining in China into a list of industries that would be banned in the country has reportedly been scrapped. Earlier this year, the National Development and Reform Commission (NDRC) in China revealed it was considering putting crypto mining on a list of banned industrial activities, which would have effectively phased […] The post China reverses decision to ban crypto mining in 2020 appeared first on CryptoSlate. дальше »
2019-11-6 13:44 | |
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China Backtracks Stance on Cryptocurrency Mining After New Guidance Document
The National Development and Reform Commission of China appears to had a change of heart on cryptocurrency mining. In the 2019 version of the Industrial Structure Adjustment Guidance Catalogue, cryptocurrency mining is no longer considered an industry that needs to be eliminated. дальше »
2019-11-6 12:14 | |
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Китай официально отказался от борьбы с майнерами и криптодобычей
Агентство экономического планирования при Государственном совете Китая Национальная комиссия по развитию и реформам (NDRC) представило финальный вариант каталога «руководящих принципов реструктуризации промышленности». дальше »
2019-11-7 10:06 | |
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China’s National Digital Currency is Anything but Decentralized says Ethereum Co-Founder
China’s national digital currency is in the works, which would monitor transactions and curb money laundering. However, according to a recent interview with CNBC on November 5, 2019, Ethereum co-founder, Joseph Lubin, believes that China’s central bank digital currency (CBDC) lacks a key component of blockchain technology, which is decentralization. дальше »
2019-11-6 10:00 | |
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China's NDRC list removes cryptocurrency mining from phase-out category
According to Golden Finance, China's National Development and Reform Commission [NDRC] removed cryptocurrency mining aka virtual currency mining from its Industrial Structure Adjustment Guidance CatalThe post China's NDRC list removes cryptocurrency mining from phase-out category appeared first on AMBCrypto. дальше »
2019-11-6 08:51 | |
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No, China Isn’t Banning Bitcoin Mining: Chinese Crypto Insider
Earlier this year, reports arose that China — once one of the cryptocurrency capitals of the world — was looking to ban Bitcoin mining. As reported by NewsBTC at the time, the SCMP reported that the National Development and Reform Commission (NDRC) has revealed a draft list of industrial activities the government is interested in. дальше »
2019-11-6 07:39 | |
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200+ German Banks Unite to Propose a Pan-Continental Digital Euro
China may have the early mover’s advantage in the race to launch the first national digital currency, but it seems other major global players are in no mood to be left far behind. The Association of German Banks (Bankenverband) released a paper yesterday explicitly stating that the Eurozone economy will benefit from a ‘programmable digital […] The post 200+ German Banks Unite to Propose a Pan-Continental Digital Euro appeared first on BeInCrypto. дальше »
2019-11-1 18:09 | |
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A Chinese Blockchain Day? October 24 Proposed as Day to Celebrate Tech Behind Bitcoin
Following China’s recent endorsement of blockchain technology, members of the nation’s Communications Industry Association have proposed a national day of celebration for the innovation. дальше »
2019-10-30 23:00 | |
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China to Be First to Launch Digital Currency, Says Think Tank Exec
Huang Qifan of the China Center for International Economic Exchanges said that China will be the leader in forming a national digital currency
дальше »2019-10-29 19:41 | |
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China’s DCEP to Be World’s First National Digital Currency, Says CCIE Vice Chairman
It looks like the Chinese government is going full-throttle on its roadmap to roll out a yuan-pegged digital currency. There’s no official word on a launch date as of yet, but judging by the recent chain of events, it is highly likely that the Chinese Digital Currency or Electronic Payments system (DCEP), will be rolled […] The post China’s DCEP to Be World’s First National Digital Currency, Says CCIE Vice Chairman appeared first on BeInCrypto. дальше »
2019-10-29 18:45 | |
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China Hatching Plans to Launch National Cryptocurrency, DCEP
The People’s Bank of China (PBoC) is making active plans to launch the nation’s Digital Currency Electronic Payment System (DCEP). The digital currency will first be tested with commercial banks, according to a tweet on October 28, 2019. дальше »
2019-10-28 18:16 | |
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Bitcoin – Blockchain interest spikes as Chinese FOMO takes hold
From banning Bitcoin and other cryptocurrencies outright, to China now repositioning itself as a blockchain-powered nation after the passage of a ‘Cryptography Law’ by its National People’s Congress, the country’s developments have revived optimism in the crypto-industry. дальше »
2019-10-28 14:30 | |
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Primitive Ventures’ Dovey Wan on Significance of China’s New Cryptography Law
On October 26, the Standing Committee of the 13th National People’s Congress in China revealed that a new cryptography law will go into effect January 1, 2020, according to local news outlet Xinhuanet. The announcement... дальше »
2019-10-27 10:22 | |
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The Race is On: China Passes the Very First “Crypto Law,” Will Go into Effect in January, Next Year
Now, the Standing Committee of the 13th National People’s Congress in China has passed a new law on Oct. 26 to regulate cryptography. The law will be implemented from January 2020, reported local news channel CCTV. дальше »
2019-10-26 20:02 | |
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China’s National People’s Congress passes ‘cryptography law’ after blockchain announcement
China is taking great strides towards staying ahead of the United States in the emerging field of fintech, blockchain, and cryptocurrency. President Xi Jinping made news yesterday after he announced that China is focused on becoming the world leader in blockchain technology. дальше »
2019-10-26 11:42 | |
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China’s social credit system isn’t about scoring citizens — it’s a massive API
China’s emerging social credit system (SCS): rarely has a topic been more hotly discussed, and more poorly understood. When most people think about the SCS, they imagine it primarily as a scoring mechanism, a way for the central government to rank China’s citizens and companies based on their behavior. дальше »
2019-10-15 16:55 | |
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China Merchants Bank Enters Blockchain Via Nervos Network
China Merchants Bank International (CMBI) has announced its entry into the blockchain ecosystem by partnering with Nervos, a layered blockchain network. CMBI is a wholly-owned subsidiary of China Merchants Bank, a major Chinese national bank headquartered in Shenzhen. дальше »
2019-10-3 16:30 | |
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China Merchants Bank International Enters Blockchain Via Nervos Network
China Merchants Bank International (CMBI) has announced its entry into the blockchain ecosystem by partnering with Nervos, a layered blockchain network. CMBI is a wholly-owned subsidiary of China Merchants Bank, a major Chinese national bank headquartered in Shenzhen. дальше »
2019-10-8 16:30 | |
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Desperate Maduro Trumpets Crypto Payments with China and Russia
Venezuela’s President Nicolas Maduro has openly declared his regime’s love for cryptocurrencies like Bitcoin and Ethereum. The controversial politician on Tuesday said his government is using cryptocurrencies to access national and international payment infrastructure. дальше »
2019-10-1 13:44 | |
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China: Digital Currency Experiments and Research to be Headed by Shenzhen
Shenzhen will be the testing grounds for China’s fascinating digital currency ambitions, this according to a central government document. As reported by Beloit Bulletin, September 30, People’s Bank of China (PBoC) plans to launch a significant research effort pertaining to the development of China’s national digital currency and others with hopes of fostering significant urbanRead MoreRead More. дальше »
2019-9-30 19:00 | |
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China’s Central Bank Affirms That National Digital Currency Has No Timeframe For Launch
China has confirmed its plans to launch its own central bank-based digital currency but does not have a timeframe right now. This is what the local media outlet Global Times revealed after the local central bank, the People’s Bank of China, commented on the situation of the project. The governor Yi Gang was quoted by […] дальше »
2019-9-25 20:15 | |
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Not Initiating in November: Chinese Central Bank Cryptocurrency Launch Denied
The Chinese Central Bank has refuted claims that it is going to instigate its national digital currency in the coming month (November). This is according to The Global Times, which is China's national English language newspaper. дальше »
2019-9-23 19:11 | |
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277 Arrested In The Philippines After A Police Raid ‘Grapefruit Services’ Targeting Crypto Scammers
According to an Inquirer. net report released on September 15th, 2019 Philippine police recently conducted a raid targeting an office said to be running a crypto scam. The scam in question is said to target crypto investors in Mainland China. дальше »
2019-9-16 17:49 | |
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China’s National Crypto Similar to Libra, Central Bank Official Says
The central bank believes the digital currency will help protect China’s foreign exchange sovereignty
дальше »2019-9-6 11:05 | |
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China’s new state-backed digital currency might bear design similarities to Facebook’s Libra
China’s state-backed digital currency is almost ready for launch, but apart from the fact that it would act as a stablecoin pegged against the country’s national currency, there is not much information on the project. дальше »
2019-9-6 10:41 | |
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China: Massive Floods Shatter Mining Facility in Sichuan Province
According to videos published on Twitter on the morning of August 21 by Poolin, a cryptocurrency mining facility has been severely damaged due to a massive flood that hit China’s Sichuan province in the last weeks. дальше »
2019-8-22 23:00 | |
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Is Bitcoin an Option In Argentina as Stock Market Collapses
There have been a number of cases recently where people have flocked to bitcoin as their own economies face uncertainty. China, Britain and Venezuela are the prominent examples but now Argentina may be added to that list as their currency and stock markets crumble. дальше »
2019-8-13 14:00 | |
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China’s Central Bank “Ready” to Launch National Digital Currency
An official at China’s central bank recently revealed the central bank’s readiness to launch the country’s central bank digital currency (CBDC) according to a report by Shanghai Securities News on August 10, 2019. дальше »
2019-8-12 18:44 | |
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The ‘War on Bitcoin’ Is Almost Here – And It Will Get Ugly
For better or worse, bitcoin is now on the global political stage. It was discussed in Congress. Donald Trump slammed bitcoin on Twitter. The Treasury Secretary called cryptocurrencies a national security threat, and the chairman of the Federal Reserve urged caution. дальше »
2019-7-27 15:55 | |
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Aelf Gets Accredited: Is China Pivoting Back To Crypto?
A Chinese Government agency has provided accreditation to the decentralized cloud-computing network aelf (ELF), marking the first time a project with a cryptocurrency has received official certification by the national government. дальше »
2019-7-23 19:36 | |
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Bitcoin Is ‘Virtual Property’ Says Second China Court
China has officially recognized Bitcoin as a valid phenomenon for a second time after a court determined it is “virtual property. ” Bitcoin Is ‘Valuable, Scarce And Disposable’ As reported by Caijing quoting the China Securities Journal, a national newsletter published by the Xinhua News Agency, a court in Hangzhou made the judgement during an ongoing dispute between a cryptocurrency exchange and one of its users. дальше »
2019-7-19 15:00 | |
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Renegade Venture Capitalist Peter Thiel Calls on Feds to Probe Google
Billionaire tech entrepreneur and outspoken Trump supporter Peter Thiel has called on the FBI and CIA to investigate Google for a “seemingly treasonous” decision related to its work in China. Speaking at the National Conservatism Conference in Washington, D. дальше »
2019-7-16 03:30 | |
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China’s National Digital Currency Threatened By Facebook’s Libra Coin: PBoC Official
Coinspeaker China’s National Digital Currency Threatened By Facebook’s Libra Coin: PBoC OfficialWhen the U. S. sneezes the rest of the world catches a cold, and this time around the cold has caught up with China. дальше »
2019-7-9 10:50 | |
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