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Venezuela Bans Crypto Mining At Government Provided Housing Due to Energy Demands
The Venezuelan government outlaws mining of Bitcoins (BTC) in any state-owned public housing projects due to ‘high electricity consumption’ and ‘disruption of the national grid supply. ’ However, a group of critics on the moving state the problems facing electricity in the country are inherent to the government’s negligence. дальше »
2020-7-20 17:00 | |
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Thai Finance Ministry to Offer ‘Affordable’ Saving Bonds Via Blockchain Through State-Owned Bank
News has now emerged that the Thai Government is leveraging Blockchain tech to offer saving bonds to its residents. This has been announced by the Public Debt Management Office (PDMO), an arm of the Thai Finance ministry. дальше »
2020-6-17 22:44 | |
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Mauritius Is Having a Crypto Moment, Set to Launch State-Owned Digital Currency
Digital currencies are being adopted at an increasing rate by several countries. While superpowers, save China, are slow to progress with the digitalization wave, some smaller nations are moving ahead with pilot projects. дальше »
2020-5-13 17:00 | |
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China Crypto Insider Releases More Details About PBOC’s Digital Yuan Project
Yesterday, the crypto community was shocked when local reports suggested that the Agricultural Bank of China — one of the nation’s biggest commercial banks, which is coincidentally state-owned — has begun to test a national digital currency project. дальше »
2020-4-16 10:00 | |
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China: State-Owned Bank Agricultural Bank of China Begins Testing CBDC
Agricultural Bank of China (ABC), one of the “Big Four” financial institutions controlled by the government of the People’s Republic of China (PBoC), has launched a mobile application for testing the nation’s central bank digital currency (CBDC) dubbed DE/CP. дальше »
2020-4-15 21:00 | |
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Agricultural Bank of China Rolls Out Test App for the Prospective Digital Currency, DC/EP
China’s Digital currency might be integrated with the country’s financial ecosystem sooner than expected despite the COVID-19 pandemic. This is after one of its state-owned banks – Agricultural Bank of China (ABC) – released an application that accommodates the prospective central bank currency, DC/EP. дальше »
2020-4-15 17:18 | |
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Riksbank Is to Kick Off E-Krona in Sweden in 2020 Joining Forces with Accenture
Coinspeaker Riksbank Is to Kick Off E-Krona in Sweden in 2020 Joining Forces with AccentureDuring the next year, the Riksbank will employ Accenture experts to develop state-owned cryptocurrency called e-krona. дальше »
2019-12-15 13:14 | |
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China’s State-Owned Bank, CCB, Launches A Blockchain-Based Small Business Financing Platform
One of China’s largest financial institutions, China’s Construction Bank (CCB) launched its blockchain based re-factoring platform. The announcement, released on December 10th by local news outlet, Sina Finance App, further points out the bank aims to boost efficiency and reduce risks pinned to the factoring business. дальше »
2019-12-11 17:04 | |
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India: RBI Mulling State-Owned Cryptocurrency
The Reserve Bank of India (RBI), India’s central bank, has become the latest central bank with plans to launch a central bank digital currency otherwise known as CBDC. Despite looking into the possibility of launching a ‘crypto-rupee’, the RBI still maintains its anti-cryptocurrency stance. дальше »
2019-12-7 10:00 | |
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State-Run Ukranian Railway in Lviv Gets Caught Mining Bitcoin
A division at a state-owned enterprise of rail transport in Ukraine illegally mined Bitcoin, using the country’s power grid
дальше »2019-11-15 14:06 | |
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Mexico: State-Owned Oil Firm Targeted in $5 Million Bitcoin Ransomware Attack
Petroleos Mexicanos (PEMEX), a state-owned petroleum company established in 1938, has suffered a ransomware attack that has succeeded in shutting down its computers and online payment systems. The hackers are demanding for 565 BTC and have given the firm a 48-hour deadline to send the money. дальше »
2019-11-13 14:00 | |
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Tunisia Becomes First Country to Issue a Central Bank Digital Currency
Tunisia has announced the launch of its digital currency, the ‘E-dinar. ’ With this, the tiny North African country claims to be the first country to launch a central bank digital currency (CBDC). дальше »
2019-11-10 12:55 | |
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Bank of China Rolls out Blockchain to Streamline Insurance Claims
In line with China’s recent formal endorsement of the technology, one of the largest state-owned financial institutions has just launched its own blockchain. The new Bank of China platform aims to increase transparency and efficiency across the nation’s insurance industry The insurance blockchain solution is the product of the bank’s insurance management IT department and […] The post Bank of China Rolls out Blockchain to Streamline Insurance Claims appeared first on BeInCrypto. дальше »
2019-11-7 22:15 | |
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China: “Innovation in Blockchain Doesn’t Mean We Should Speculate in Virtual Currencies”
China’s state-owned media, People’s Daily endorsed the “orderly” blockchain innovation but at the same time cautioned to “keep it rational.” As per the translated version shared by Dovey Wan, the founding partner of Primitive Partners, the article starts with a bullish tone as it writes, “blockchain “the future is here.” JUST IN People’s Daily (CCP’s […] дальше »
2019-11-5 22:45 | |
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China: Blockchain Is the Future But Keep it Rational — Avoid ‘Aircoins’
China’s official state-owned media is promoting “orderly blockchain innovation” but cautioning against speculative cryptocurrency hype
дальше »2019-11-5 10:25 | |
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French Government-owned Bpifrance Joins Lightning Network Developer ACINQ’s $8 Million Investment Round
Veronique Jacq, managing director of the Digital Investment Unit at Bpifrance, says that the institution is “convinced that bitcoin is becoming more and more obvious.” Jacq, who heads the partially state-owned French investment bank, stated... дальше »
2019-10-9 11:29 | |
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French Investment Bank Bpifrance Joins ACINQ Blockchain Startup’s $8 Million Investment Round
A few years ago, most of us would probably never have believed that traditional banks would be investing in the blockchain technology. This is, however, what seems to be happening right now. Bpifrance, an important state-owned French investment bank, has recently participated in the investment of ACINQ, a Bitcoin Lightning startup that raised $8 million […] дальше »
2019-10-9 00:58 | |
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Venezuela Formally Confirms Sanction-Skirting Cryptocurrency Payment System
Venezuelan President, Nicholas Maduro, has confirmed rumors that the country is launching a cryptocurrency-based payment network for domestic and international payments. An even more exciting development from here is that the country is looking to accept Bitcoin and Ethereum from a state-owned petroleum company which they will hold as a part of their monetary reserves,Read MoreRead More. дальше »
2019-10-2 01:00 | |
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Bitcoin is “Ultra-Hard Type of Money” That Will Be Worth $90k Next Year: Germany’s State-Owned Bank
Germany’s state-owned bank BayernLB has published a paper where it talks about Bitcoin and how it’s designed as an “ultra-hard type of money“. The bank opens with expectations for further extensive loosening measures and the USD 15 trillion bonds having a negative yield. дальше »
2019-10-1 21:48 | |
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German State-Owned Bank Calls Bitcoin ‘Ultra Hard Type of Money’
Last month, German state-owned bank Bayerische Landesbank, also known as BayernLB, published a report that discusses Bitcoin’s stock-to-flow ratio. The authors concluded that Bitcoin is “designed as an ultra-hard type of money. дальше »
2019-10-1 20:30 | |
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Venezuela State-Run Oil Firm to Pay Suppliers in Bitcoin
As the age-long economic crisis rages on, Venezuela’s apex bank, Banco Central de Venezuela (BCV) is now running internal tests with officials to find out the possibility of holding bitcoin (BTC) and ether (ETH) in its coffers as foreign reserves, as the nation’s state-owned oil company is looking to pay suppliers in cryptos via theRead MoreRead More. дальше »
2019-9-27 15:00 | |
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Venezuela may have Bitcoin and Ethereum, but it’s unsure how it can use them
The central bank of Venezuela is reportedly looking into whether it can store cryptocurrencies in its coffers, Bloomberg reports citing four anonymous individuals close to the matter. According to the report the bank‘s investigation follows a request by Petroleos de Venezuela SA (PSDV) – the country’s state-owned oil and natural gas company – which is apparently looking to send Bitcoin and Ethereum to the central bank. дальше »
2019-9-26 18:52 | |
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‘Locked and Loaded’: Trump’s Latest Tweetstorm Rages Over Saudi Oil Attack
Oil prices have been soaring Monday after a drone attack at Saudi Aramco’s Khurais oil field in Buqyaq, Saudi Arabia, forced the Kingdom to shut down over half of its daily production capacity. Yemen's Houthi rebels claim attacks on 2 Saudi Aramco oil facilities, Saudi Arabia's state-owned oil giant, disrupting oil output and exports. дальше »
2019-9-17 16:00 | |
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Record Bitcoin Trade in Venezuela as Top Bank Launches Petro Services
The largest bank in Venezuela, the state-owned Bank of Venezuela, appears to have launched services to facilitate transactions in the country’s state-issued oil-backed virtual currency, the Petro. дальше »
2019-9-15 00:12 | |
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Singularity Studios Partners with PICC to Initiate AI and Blockchain Solutions
Enterprise software and application creator for the SingularityNET Platform, Singularity Studios has officially signed a partnership agreement with state-owned, People’s Insurance Company of China’s fintech branch reports Crypto Briefing. дальше »
2019-8-19 16:49 | |
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Singularity Studio Signs Memorandum With People’s Insurance Company Of China’s Fintech Arm
Singularity Studio, the for-profit spinoff of the SingularityNET project, a decentralized AI services marketplace, has signed a “Strategic Cooperation Memorandum” with PICC Financial Services, a Fintech-focused subsidiary of the state-owned People’s Insurance Company of China. дальше »
2019-8-17 17:45 | |
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‘Bullish For Bitcoin’: China Bank Bailouts Spark ‘Biggest Credit Bubble In History’
Bitcoin could possible gain from economic uncertainty in China as one source describes the country’s third major bank bailout of 2019 as the world’s “biggest credit bubble. ” China Bailouts: 3 Banks, $390 Billion Taking statistics from various sources, the Twitter cryptocurrency trader and commentator known as CryptoArbitrage noted that last week’s bailout of Heng Feng bank was the third involving assets over $200 billion. дальше »
2019-8-15 15:34 | |
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Malaysian Electricity Authority Nab Illegal Bitcoin Miners
Tenaga Nasional Bhd (TNB), Malaysia’s state-owned electricity company has raided 33 buildings illegally using its energy for bitcoin mining operations that gulped RM3. 2 million (roughly $763k) worth of power whereas they only paid a bill of only RM219 ($52), according to a report by local news source, malaymail August 7, 2019. дальше »
2019-8-9 17:00 | |
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Liquidity Difficulties in China: Second Bank Bail-Out Now Reality
Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. дальше »
2019-8-1 13:50 | |
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Chinese Energy Provider ENN Sheds Light On VeChain Tech
One of China’s largest energy providers is using blockchain technology to trace the supply of natural gas. Serving an urban population of 94. 57 million in 187 Chinese cities, ENN Energy Holdings Limited is harnessing VeChainThor technology for “optimal quality control and supply-chain management. дальше »
2019-7-25 23:44 | |
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Belarus Could Get a Nuclear-Powered Bitcoin Mining Center
Aleksandr Lukashenko, the president of Belarus, met with the country’s IT community to discuss the growth of its native tech industry, according to the state-owned national news agency, the Belarusian Telegraph Agency. дальше »
2019-4-19 16:59 | |
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What Russia’s ‘Digital Iron Curtain’ Means for Bitcoin Users
The Russian Duma approved a bill that would enable the country to have a “Great Firewall” or “Iron Curtain” similar to what China has. The result of the law is that, whenever the government wants to, it can censor all incoming and outgoing traffic traveling through state-owned channels. дальше »
2019-4-13 00:58 | |
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