China CBDC Trials Coming to Beijing and 27 Other Cities

China’s accelerated central bank digital currency (CBDC) plans are set to reach another milestone with tests scheduled for Beijing and 27 cities in the country. These new digital currency electronic payment (DCEP) trials will join other public pilots already ongoing in cities like Shenzhen and Suzhou. дальше »

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China to Extend Testing of Digital Yuan to Beijing, Tianjin and Others Areas

Coinspeaker China to Extend Testing of Digital Yuan to Beijing, Tianjin and Others AreasChina is set to expand its digital yuan testing to Beijing, Tianjin, and other acclaimed prosperous provinces in the country. дальше »

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China to Launch Major Expansion of Digital Currency Trials

China is said to be planning additional testing of its digital yuan across a number of developed regions including Hong Kong. дальше »

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Trump’s WeChat Ban Threatens Apple’s $44B Market in China, Tencent Downplays Risks

Coinspeaker Trump’s WeChat Ban Threatens Apple’s $44B Market in China, Tencent Downplays RisksWith Donald Trump's executive order to ban WeChat, smartphone giant Apple needs to make a decision whether or not to ban WeChat from its global App Store. дальше »

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Nigerians Are Using Bitcoin to Bypass Trade Hurdles With China

Nigerian entrepreneurs are increasingly using bitcoin as a way to trade internationally, noting its significant benefits over legacy financial systems. дальше »

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China’s Digital Yuan Will Go Live in Hong Kong’s Greater Bay Area

China’s ambitious digital currency project, the so-named digital yuan or DCEP, will see test runs at Hong Kong’s Greater Bay Area in the coming weeks, according to local reports on August 12. Greater Bay Area to Benefit The Greater Bay area – an amalgamation of Hong Kong, Shenzhen, and Macau – is a $2 trillionRead MoreRead More. дальше »

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100,000 Join Cointelegraph’s Blockchain Week Event in China

Cointelegraph’s recent China blockchain event spanned five continents and attracted 100,000 viewers.

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Why Chinese Miners Won’t Stage a 51% Attack on Bitcoin

Jameson Lopp explains why attacks on Bitcoin won’t work and that he expects China’s mining dominance won’t last.

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Bitcoin mining faces no threat from China, here’s why

The Chinese state does not present a long-term threat to Bitcoin, a well-known developer wrote in a blog this week. The post Bitcoin mining faces no threat from China, here’s why appeared first on CryptoSlate. дальше »

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China’s BSN now features live integration of—Ethereum, EOS, Nervos, Tezos, and NEO

BSN, a Chinese government-backed blockchain platform, has just launched its official international website. The post China’s BSN now features live integration of—Ethereum, EOS, Nervos, Tezos, and NEO appeared first on CryptoSlate. дальше »

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China registers over 10,000 blockchain firms in 2020

Despite the ongoing pandemic, blockchain growth in China is booming and may outpace 2018...

The post China registers over 10,000 blockchain firms in 2020 appeared first on Coin Journal.

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China’s Blockchain Infrastructure Launches Website for Global Devs

China's Blockchain-Based Service Network has launched an English-language website for international decentralized app developers. дальше »

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The Latest on the Global Economy’s Most Contentious Relationship

China and the U.S. trade high-profile sanctions, but the real impact is showing up in banks and on the Hong Kong stock market. дальше »

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All Aboard the Bitcoin Express Says Max Keiser on Asian Capital Flight

For investors, Hong Kong has long served as the global financial system’s friendly intermediary with China. But after a year of social upheaval, the Chinese Government has imposed a comprehensive new national security law that would reportedly grant it “semi-autonomy” until 2048. дальше »

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China: Loudi City Mayor Promotes Blockchain to Fight Crime

Blockchain is making further inroads with municipal authorities in China, as the mayor of Loudi supports its use to combat crime. дальше »

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China’s National Blockchain Network Launches International Website

China’s first government-backed blockchain initiative has just launched an official international website.

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Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears

Hong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some 10% of private holdings have been moved to safer jurisdictions such as Singapore and Switzerland since the beginning of protests in Hong Kong last year. дальше »

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Nasdaq-Listed Company Sued for Backing $2 Billion Loans With 83 Tons of Fake Gold

The Nasdaq-listed company that allegedly used 83 tons of fake gold bars as collateral to secure loans worth about $2 billion from multiple financial institutions in China is now in default and facing several class-action lawsuits. дальше »

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More Than 10,000 New Blockchain Companies Established in China in 2020

LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19.

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China’s Mining Dominance Unlikely to Last: Lopp

With more chips produced outside of Asia and more countries offering cheaper power, China’s mining dominance may not last said Jameson Lopp. дальше »

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Центральный банк Китая сотрудничает с тремя коммерческими банками для разработки торговой платформы на основе блокчейна

Центральный банк Китая подписал соглашение с China Minsheng Bank, China CITIC Bank и Банком Китая о сотрудничестве в области торговой платформы на основе блокчейна. Китай экспериментирует с блокчейном Клиринговый центр центрального банка будет использовать практический опыт трех коммерческих банков в построении торговой платформы на основе цепочки блоков, для разработки внутренней электронной системы аккредитива НБК. дальше »

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How U.S. Restrictions on Wechat & Other Chinese Brands Could Boost Crypto

The ongoing tensions between the U.S. and China could boost crypto should certain events transpire, say certain investors. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue Ongoing China-US Tensions May Be Able to Boost Crypto: Dovey Wan & Others President Trump announced that U.S. businesses can […] дальше »

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10,000 New Blockchain Firms Established in China So Far in 2020

With over 10,000 new blockchain firms emerging in China in 2020, the number of companies developing solutions based on the novel tech appears set to cross the 90,000 mark. China remains a blockchain hub with Beijing’s anti-crypto stance not extending to companies looking to leverage decentralized ledger technology (DLT). дальше »

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Ripple?s General Council: US May Lose "Cold War" to China Through Lack of Crypto Regulation

Ripple?s Stuart Alderoty explains why Ripple is urging US authorities to introduce crypto regulation as US may lose leadership in innovative tech to China дальше »

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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 »

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China: State Commercial Banks Trial Digital Wallet for CBDC

China’s central bank digital currency could be inching closer to its official launch, as some top state-run commercial banks in the country are reportedly trialing a digital wallet for the national digital currency. дальше »

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Telegram CEO Blasts Trump’s Plans To Ban TikTok In The U.S. As ‘Killing The Internet’

Russian billionaire, Pavel Durov, released his official note on U.S. President Trump’s latest calls to ban Chinese affiliated social media app, TikTok, from the country. The Telegram CEO says the act of banning the social app, with over 800 million users, will set a precedent that may end up killing the internet. China has been […] дальше »

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China’s State-Run Banks Reportedly Testing Wallet for Digital Yuan

State-owned commercial banks in China are reportedly testing a wallet for the country's forthcoming digital yuan.

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Blockchain salaries spike due to high demand in China

Demand for Chinese blockchain developers demand is at an all-time high According to recent... The post Blockchain salaries spike due to high demand in China appeared first on Coin Journal. дальше »

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China’s Open Source Development Has Lessons for the US

While the U.S. complains about TikTok and Chinese IP theft, China is forging a new form of development based on open source networks. дальше »

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Tesla’s China Competitor Xpeng Motors Raised $400M Ahead of U.S. IPO

Coinspeaker Tesla’s China Competitor Xpeng Motors Raised $400M Ahead of U. S. IPOXpeng Motors, a Chinese electric car manufacturer reportedly raised $400 million ahead of an initial public offering (IPO) in the United States adding onto $500 million that it raised in July. дальше »

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Flooding Threatens China’s Bitcoin Miners, Chinese Billionaire Says ‘Three Gorges Dam Collapse Imminent’

This week cryptocurrency enthusiasts are still focused on the severe flooding in China during the 2020 monsoon season. The flooding has already displaced millions of Chinese citizens and skeptics are concerned about the vast number of bitcoin miners located in the Sichuan province. дальше »

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China’s CBDC to Target Private Sector Dominance

With China’s central bank digital currency (CBDC) project still in progress, there are speculations that the digital yuan could be used to water down the dominance enjoyed by major players like Alibaba and Tencent. дальше »

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Kazakhstan Set to Impose Taxes on Crypto Mining

Bitcoin miners in Kazakhstan will soon be paying taxes to the state as the government looks to raise funds for COVID-19 recovery plans. Outside China, Kazakhstan controls the third-largest share of the global Bitcoin (BTC) mining hash rate. дальше »

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China’s Digital Currency Targets Alipay and WeChat Pay

China is dedicated to becoming the first country to roll out a central bank digital currency (CBDC). Its Digital Currency Electronic Payment (DCEP) system aims to replace all physical currency in the country, including coinage. дальше »

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Blockchain Bites: XRP Sales, INX IPO and Bitcoin Mining Woes

China's bitcoin miners are in a rut during a period of intense flooding, Ripple shows signs of sales growth and INX scaled down its IPO vision. дальше »

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Chinese Ex-Banker Says Digital Currency Should Replace Fiat Money

A former vice president of the Bank of China has argued digital currency should replace fiat in the nation's financial systems. дальше »

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China’s Digital Yuan to Reportedly Target Dominance of Alibaba and Tencent

China’s central bank may be planning to use its digital currency to curb the dominance of Alibaba and Tencent in the digital payments sector. дальше »

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The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners

Chinese bitcoin miners are usually happy this time of year because the monsoon season brings excessive rain and thus cheap hydro electricity. But this year has proved to be tougher than ever. дальше »

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Deceived Crypto Investors Launched Their Own Scam to Recoup Losses

Investors in China launched a crypto scam after being deceived themselves — and got busted by the police.

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Ex-Chinese Banking Exec Says CBDCs Will Substitute Cash in Circulation

A former Bank of China executive has shown his support for digital currencies, positioning it as a substitute for cash, widely known in economic circles as M0. Ex-vice president of China’s central bank, Wang Yongli, said that digital currencies should substitute all currencies “as much as possible”. дальше »

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Former Bank of China VP Backs Digital Yuan As An Accelerator for a ‘Dual Circulation’

A former Vice President of Bank of China has said that replacing the fiat RMB in circulation (M0) with a CBDC is the way to go on monetary policy. Wang Yongli, who is now the director of the Haixia blockchain research institute, shared these sentiments in an article posted on his public WeChat account. This […] дальше »

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Huobi объявила о запуске фонда для инвестиций на рынке DeFi

Huobi Group, владелец криптовалютной биржи Huobi, запускает новый фонд для инвестиций на рынке децентрализованных финансов (DeFi). Согласно пресс-релизу, новое подразделение под названием Huobi DeFi Labs возглавит Шарлин Ву, которая ранее работала в инвестиционном отделе China Merchant Bank International (CMBI), филиале одного из крупнейших банков Китая. дальше »

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Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors

Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to 63 terahash per second (TH/s). дальше »

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Former China Central Bank Exec Pushes for Digital Currencies

Former Bank of China vice president says digital currencies can be a substitute for cash on circulation.

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China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains

The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas. дальше »

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Tencent Builds Blockchain Platform for China’s Oldest Wine Producer

Tencent to build a blockchain-based wine traceability platform for China’s oldest wine producer.

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Microsoft in Talks to Buy Social Media Sensation TikTok in U.S.

Coinspeaker Microsoft in Talks to Buy Social Media Sensation TikTok in U. S. Following increasing pressure from Washington on the possibility of TikTok being used as a data spying app by China, Microsoft is allegedly in talks to purchase the sensational social media app. дальше »

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VeChain (VET) and Avery Dennison Intelligent Labs Showcase “Blockchain + IoT” Supply Chain Solutions

In a Medium post published on July 30, 2020, supply chain-focused blockchain project VeChain (VET) announced it had joined forces with Avery Dennison Intelligent Labels to attend the 14th International Internet of Things Exhibition 2020 (IOTE) held in Shenzhen, China to showcase a jointly developed blockchain-enabled food supply chain solution. дальше »

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Tech's Antitrust Issues Flare Up on Both Sides of the New ‘Cold War,’ Report

At the request of the People’s Bank of China, Beijing could soon probe its digital payments monopolies, sources claim.

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