China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan

China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges with administrative measures in what has become a market economy over the years.

155 +

China could soon open the doors to security token offerings (STOs)

A representative of the Bank of China affirmed that the country is preparing to allow security token offerings (STOs) within a strict regulatory framework. China to allow security token offerings (STOs) During the Financial Finance Technology Summit in Beijing, Weimin Guo, chief scientist of the Bank of China, expressed his views about the current state […] The post China could soon open the doors to security token offerings (STOs) appeared first on CryptoSlate.

292 +

China: 5 Crypto Exchanges Halt or Shut Services Amid Perceived Crackdown

At least five Chinese cryptocurrency exchanges have chosen to suspend or end services in line with Beijing’s purportedly toughened stance

128 +

Crypto Employees in China Work From Home to Avoid Government Pressure

Not too long after embracing blockchain, Beijing has made it clear, one way or the other, that it didn’t mean Bitcoin. Increased scrutiny over the cryptocurrency sector and harsh measures against some companies have been implemented to supposedly protect citizens from scams.

196 +

Bitcoin Price Headed For $20k – $25k Zone Next Year: Analyst

The crypto market has been a disappointment lately. Lackluster bitcoin price action has intensified overall selling activity. But things are in for a welcome change, as BTC is expected to explode next year.

201 +

Beijing-Based BISS Exchange Shut Down, Arrests Made

A relatively well-known cryptocurrency exchange, BISS, has recently been shut down by police in Beijing. At least 10 people have been arrested. According to Wan (@DoveyWan), this news has been circulating in China for a couple of weeks and is only now being revealed to the West, though it is unclear why.

177 +

Trump’s ‘Confusing’ Trade Deal Isn’t Putting Off Beijing’s Top Negotiator

China’s top trade negotiator is ‘cautiously optimistic’ of a deal getting signed.… The post Trump’s ‘Confusing’ Trade Deal Isn’t Putting Off Beijing’s Top Negotiator appeared first on CCN.com

189 +

Bitcoin Dips, Gold Rises as Trump Derails U.S.-China Trade Talks

Trump threatens to derail trade talks with China, standing firm on Beijing…

The post Bitcoin Dips, Gold Rises as Trump Derails U.S.-China Trade Talks appeared first on CCN.com

168 +

China Moves from US Dollar to Other Assets Including Gold

Coinspeaker China Moves from US Dollar to Other Assets Including GoldBeijing is gradually reducing its stocks of US Treasury bonds, in which it actively invested. China has reduced its assets by $88 billion over the past 14 months.

125 +

US Interference in Hong Kong Protests Could Hinder China Trade Deal

Hong Kong protests are escalating, which has pushed U. S. lawmakers to ‘hotline’ the Hong Kong Human Rights and Democracy Act. Trump is unlikely to block the bipartisan bill, which could anger Beijing and stall trade talks.

117 +

Binance CEO Changpeng Zhao Denies Opening Office in Beijing

No, Binance doesn't plan to open a Beijing office despite China warming up to crypto

125 +

Dow Sways While Beijing Thunders Sharp Rebuke to Trump’s Tariff Threat

The Dow, S&P 500, and Nasdaq all receded from their all-time highs. The trigger for the decline appears to be a new trade war stalemate. The US is refusing to roll back tariffs until after the deal is in place, while China is demanding that the agreement include tariff reductions.

157 +

Trump’s China Trade Deal Hits Another Stalemate Over America’s Pigs

Beijing doesn’t want to commit to buying American pork and looks set to play hardball with Trump. Trump might not be willing to give China the concessions it is demanding to come around and sign a limited trade deal.

137 +

Exclusive: Meet Jimmy Zhong, Co-founder of IOST Foundation

Jimmy Zhong is a young & aspiring serial entrepreneur, who founded tech startups in both the U. S. and in China His passion for startups has been cultivated and growing since 2009 when he co-founded the largest student union & student travel agent in Beijing.

209 +

Bitcoin is Speculation and Not the Future of Money, Ex-ECB Chief Says

Jean-Claude Trichet, former president of the European Central Bank (ECB), said that he was strongly against Bitcoin and hinted that cryptocurrency purchases are no more than speculation, South China Morning Post reported on Sunday.

190 +

China speculation runs wild as Binance plans Beijing office

Binance, which has built several outposts around the world since being banned from serving Chinese traders in 2017, is thought to be returning to the mainland with a new office in Beijing.

150 +

Dow Futures Erupts on China-US Trade Tariff Rollback, but There’s a Big If

Futures on the Dow Jones Industrial Average (DJIA) are flying high Thursday thanks to the favorable trade war-related developments between the U. S. and China. Beijing and Washington have reportedly agreed to remove the trade tariffs in a phased manner.

249 +

Bitcoin Price Dips Despite Positive U.S. China Trade Talks

Bitcoin price slipped today as trade talks between the United States and China took a positive turn. According to reports, China may ease tariffs against US imports suggesting that a limited trade deal is in the works.

161 +

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.

241 +

Bitcoin Mining is Not Banned in China: Report

All bitcoin and crypto market bullishness is emanating from China at the moment. One industry insider has just revealed that, contrary to earlier reports, China will not be banning bitcoin mining.

238 +

Beijing Increases Censorship, Surveillance Amid Blockchain Push

The Beijing regime is all about control. It is a country where people have very little freedom of information or finance (apart from the very affluent).  While the state strives to be a world leader in blockchain technology, it still does not trust cryptocurrency, still heavily censors the internet, and still spies on its citizens.

202 +

China, Europe will lead CBDC race as South Korea opts out

China sparked a debate that is spreading like wildfire throughout the world. With the developments surrounding Beijing's Digital yuan, a project which has been in development for over a year, competinThe post China, Europe will lead CBDC race as South Korea opts out appeared first on AMBCrypto.

261 +

Binance to Setup New Office in Beijing; Did President Xi Jinping’s Viewpoint Influence this?

Cryptocurrency exchange, Binance has supposedly been working towards establishing an office in Beijing reports Coindesk. The reason for such an office remains unveiled, as per the sources that have contacted the news outlet.

260 +

Binance Set to Open Beijing Branch as China Goes Pro-Blockchain

Coinspeaker Binance Set to Open Beijing Branch as China Goes Pro-BlockchainReports currently have it that the Binance exchange is making plans to open a new office in Beijing but the information is not officially confirmed yet.

117 +

Binance Rumored to Be Planning New Office in Beijing in First Presence in China Since 2017

In a possible homecoming to China, Binance plans an office for Beijing

184 +

Binance to Open Beijing Office Amid China’s Renewed Blockchain Push

The world's largest cryptocurrency exchange by volume is establishing a new outpost in China's capital city.

190 +

Experts Expect “Multi-Billion-Dollar Support” From China in Blockchain & Crypto Companies

China’s President Xi Jinping’s latest remarks on the country embracing blockchain technology and taking a leadership position in the space will give Beijing an edge in the global race to lead in the nascent technology said, analysts and investors.

187 +

Tron (TRX) Surges On Massive Partnership Plug, China’s Latest Crypto Rankings

The news has all been China this weekend and its native crypto assets have been on fire. From bully to hero, Beijing has boosted crypto markets by 25% in just two days. Bitcoin led the rally but a slew of Chinese crypto coins are surging today, and Tron is one of them. China Crypto Rankings...

394 +

Ethereum Co-Founder Spotted Rubbing Shoulders with Chinese VCs and Internet Giants

In a tweet from Matthew Brennan — a China-based writer and speaker — Ethereum co-founder Vitalik Buterin was photographed alongside some major Chinese investors and internet giants at the Dragonfly Crypto Summit in Beijing.

150 +

Alipay and WeChat Bow to Beijing Refusing to Play With Crypto

The announcement that the world’s top crypto exchange had opened two new fiat on-ramps for China was bullish for overall adoption prospects. However, as expected the pressure of Beijing has been too much for the platforms which have already stated they will not tolerate crypto payments.

202 +

Dow Cringes After Trump Admin Cranks Up China Pressure

The Dow careened toward a substantial pullback on Tuesday after the Trump administration stunned Wall Street by escalating tensions with Beijing just days before Vice Premier Liu He will lead a delegation to Washington to resume trade negotiations.

143 +

Dow Flinches at China’s Trade War Bait & Switch

The Dow struggled on Monday as investors wrestled with Beijing’s risky attempt to leverage the damage from President Donald Trump’s impeachment fight to narrow the scope of a new round of impending US-China trade negotiations.

163 +

Dow Futures Plunge After Bloomberg Report Dashes Hopes for China Trade Deal

Futures on the Dow and broader U. S. stock market declined sharply in overnight trading Monday amid reports that Beijing had narrowed the scope for upcoming trade talks with the United States, dashing any hope of a comprehensive deal.

167 +

Central Bank of China denies that it’s launching a cryptocurrency in November

China’s central bank denied claims that it will roll out a cryptocurrency this November, adding that the parties involved in its distribution have been misconstrued, according to TechNode. The statement is a rebuttal to a widely circulated article by Forbes.

280 +

China has no idea know when it will launch its digital currency

Despite reports last month that China was readying itself to deploy its own government digital currency, it now seems the country is not so surefooted regarding the asset’s roll out. In a press conference in Beijing yesterday, The People’s Bank of China’s (PBoC) governor Yi Gang said that there is “no timetable” for the launch of its new digital currency, South China Morning Post reports.

218 +

Dow Crawls Higher After Trump Awards China 400 Tariff Exemptions

The Dow crawled toward a moderate recovery on Friday after President Donald Trump granted tariff exemptions to more than 400 Chinese products, the latest in a growing list of concessions that Washington and Beijing have exchanged in the leadup to their next round of trade negotiations.

171 +

ChainDD will present the best 2019 US-China Fintech and Blockchain Summit

Can’t miss the opportunity to build business relationships with partners and investors from China ChainDD, a leading media company headquartered in Beijing, China with more than 3 million readers globally, is about to host its 2nd-year Fintech and Blockchain Summit under its “CHAINSIGHTS” brand to engage innovators and supporters from fintech and blockchain industries in […] The post ChainDD will present the best 2019 US-China Fintech and Blockchain Summit appeared first on AMBCrypto.

273 +

Binance Invests Into Crypto-Data Website Mars Finance Pushing Its Valuation Past $200M

Coinspeaker Binance Invests Into Crypto-Data Website Mars Finance Pushing Its Valuation Past $200MFor Binance, Mars Finance is the first strategic investment in China since 2017, when Beijing banned digital coin trading and the exchange withdrew from this market.

141 +

Chinese Stocks Tumble After Disastrous Industrial Production Data

Stocks in mainland China and Hong Kong tumbled on Monday after Beijing reported a sharper than expected slowdown in industrial production, signs that the ongoing trade war with Washington was ravaging domestic producers.

152 +

Dow Eyes 7th Straight Win as US & China Back Away from Trade War Cliff

The Dow Jones Industrial Average and other major stock market indices crept closer to their all-time highs on Thursday after Beijing and Washington each took steps to rectify the deadlock that has crippled previous rounds of trade negotiations.

155 +

Exploration of BitCherry towards distributed economic – Using technology to empower the industry, ecology to deliver the value

After two days of in-depth discussion from 20th to 21st August, the POW’ER 2019 Global Developers Conference had successfully ended in Beijing, China. In this conference, the topic of the future development trend of blockchain distributed economy has attracted an extensive attention from all of the participants.

152 +

Dow Futures Trembles as Beijing Swats Trump's 'China-Bashing' Tirade

By CCN Markets: China Daily, an English daily owned by the government of China, criticized the Trump administration for engaging in “poorly thought out China-bashing moves” as the Dow Jones futures fell following the imposition of new tariffs.

132 +

PlatOn and China’s Mercedes Benz to Integrate Blockchain in the Billion Dollar Used Car Marketplace

PlatOn, a blockchain service company, announced the development of a blockchain platform to record and store data for used vehicles in Beijing’s Mercedes-Benz Sales Service Co. Ltd. (BMBS). The platform uses the data to calculate the residual price of the vehicles before sales.

189 +

BitDeer.com’s Success Is Based on Consistent Transparency To Customers

Beijing, China – On August 29, the world’s leading computing power sharing platform BitDeer. com announced that it has reached over 2 Million Unique Visitors for the month of August. This shatters the previous record of 1 million unique visitors by more than double.

211 +

Jeremy Lin Leaves Ungrateful NBA To Be A Sporting God in China

Jeremy Lin’s incredible run in the NBA is over. As the first American-Chinese or Taiwanese player in the history of the league, not to mention the first Asian-American to win an NBA title, the “Linsanity” superstar is taking his talents to Beijing.

162 +

Bitcoin Rises Minutes After China Announces Additional Tariffs on US

Bitcoin began an impressive price surge minutes after China announced that it would slap additional tariffs on US goods. Beijing said late Friday that it would increase taxes on $70 billion worth of US imports of between 5 and 10 percent.

177 +

People’s Bank Of China 'Close' To Launch Of Its Own Crypto

Mu Changchun, deputy director of the People's Bank of China (PBoC), has stated that the group is close to finishing up and issuing its own cryptocurrency. However, unlike most blockchain-based cryptocurrencies, the PBoC’s currency is intended to give Beijing more control over its financial system.

216 +

Will China's 'Cryptocurrency' Pump - or Pummel - Bitcoin?

China's long-fabled "cryptocurrency" launch is finally on the horizon. According to Bloomberg, People’s Bank of China (PBoC) payments department deputy director Mu Changchun confirmed at the China Finance 40 Forum that the country’s cryptocurrency is nearing its release following a year of research and development.

177 +

PBOC: China is almost ready to launch its own cryptocurrency

The People's Bank of China announced its readiness to launch its own digital currency based on the blockchain technology. But this will not lead to any changes in Beijing's monetary policy.

166 +