Gold-backed BRICS currency will be ‘very hard’ to deliver: Lyn Alden

A common currency would be challenging for Brazil, Russia, India, China and South Africa to initiate and maintain, but it could have an impact on Bitcoin, investment strategist Lyn Alden says.

137 +

Wuhan omits NFTs from metaverse plan amid regulatory uncertainty in China

The Chinese government has shown a keen interest in developing a metaverse economy, but its stance on NFTs hasn’t been very clear.

87 +

Hong Kong’s crypto plans could be a ‘test center’ opportunity for China, PCG’s Li says

Hong Kong is still a great financial hub for capital, for the world and particularly the Asia market, Richard Li, chairman at Pacific Century Group, a private investment group. “I still feel that Hong Kong is a very good hub for Asia… a very good financial hub for capital.

221 +

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.

169 +

As The China Crisis Deepens, It’s Clear That The Globalists Are Losing

The anti-globalist right has taken control of the Swedish parliament, which is a very good sign for individualism and decentralized governance.

86 +

The New China: Is New York Actually Going To Ban Proof-Of-Work Mining?

The state of New York is about to shoot itself in the foot yet again. First, the infamous BitLicense drew all cryptocurrency companies away and now they’re considering banning Proof-Of-Work mining. Or at least making it very hard for mining facilities and home miners to operate from the state.  The New York State Assembly will […]

184 +

Here's how China is still leading the crypto race with its latest hiring spree

The highly anticipated Beijing Winter Olympics have come and gone, and the soft launch of China's CBDC, the e-CNY, had a very frosty reception at the event marked by international boycotts. That beingThe post Here's how China is still leading the crypto race with its latest hiring spree appeared first on AMBCrypto.

230 +

Vladimir Putin says cryptocurrencies are volatile and the “risks are very high”

Cryptocurrencies in Russia remain in a sort of “grey zone. ” While the country has not declared an outright ban on crypto, like in China, the government remains sceptical but allows crypto trading activities to progress.

178 +

U.S Emerges As The Global Leader In The Bitcoin Mining Industry After China’s Crackdown

China is experiencing an unprecedented challenge to its status as an undisputed crypto mining sector lodestar. New research data indicates that the United States has become the world’s largest bitcoin mining hub, overtaking China for the very first time.

167 +

Bitcoin Mining Metrics Continue To Spike In Most Profitable Year Ever

The Bitcoin mining sector has seen some major ups and downs in 2021. Cast out from China, a former hub for this activity until very recently, the network’s hashrate dropped it’s yearly low and has been recovering ever since.

135 +

China Quitting Bitcoin Mining Is Very Positive in Long Term: Anthony Scaramucci

SkyBridge CEO Anthony Scaramucci explains why Bitcoin will benefit in the long run from China’s crackdown on crypto miners

170 +

Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model

The head of global equity strategy at Jefferies, an investment bank and asset management firm, says that cryptocurrency regulation in the U. S. would “ultimately be very positive” for bitcoin or other crypto assets.

181 +

Why The Chinese Government Started Mining Bitcoin (BTC)

Reporter Colin Wu shared news published by Chinese state media PengPai related to Bitcoin mining activities by the national government. At the very least, China’s view of cryptocurrencies is ambiguous, but according to the report they have been dabbing with BTC.

237 +

Britcoin: UK Looking To Create Its Own Digital Currency

One thing that has become very prominent on the global stage is the creation of Central Bank Digital Currencies (CBDCs) by various world powers. China, Canada, the Bahamas, the British Virgin Islands, and France are all at various stages of development and deployment of their own CBDCs.

135 +

China in Taiwan and Russia in Ukraine Sabre Rattle, is it Propping Up Bitcoin?

212 +

Hathor Network, $HTR Live on KuCoin, Has Just Released Exciting News: The Detailed 2021 Roadmap

PRESS RELEASE. Hathor Network ($HTR, live on KuCoin) has just released exciting news: The detailed 2021 Roadmap. Community projects are a priority and growing, especially with Hathor CEO Yan Martins having recently emphasized the relevance of Asian business development, with strong focus on Southeast Asia, China and Japan. Hathor has proven to be a very […]

212 +

Hong Kong Mulls Banning Bitcoin Retail Investors

China’s grip over the once very friendly bitcoin jurisdiction seems to be extending with an industry body Global Digital Finance warning Hong Kong against a proposed ban of bitcoin retail...

123 +

Rock Legend Gene Simmons Talks Bitcoin: Musician Believes China Is Behind the Ripple Lawsuit, Dollars Are Based on Nothing

The American musician, co-lead singer, and bassist for the rock band Kiss, Gene Simmons, has been very talkative about cryptocurrencies during the last two weeks. Just recently, Simmons sat down with Bitcoin.

180 +

Bitcoin Miners on a Shopping Spree, Lower BTC Generation Cost Coincides with Price Rise

Bitcoin mining is seeing a “very important strategic shift” away from China as the Nordic region becomes a lucrative place to mine cryptocurrency thanks to very low electricity prices. The post Bitcoin Miners on a Shopping Spree, Lower BTC Generation Cost Coincides with Price Rise first appeared on BitcoinExchangeGuide.

267 +

Binance-Backed Travala.com Enters China’s Fast-Recovering Travel Market

"In China, the recovery is happening now and very fast,” said Travala.com CEO Juan Otero.

256 +

China’s BSN to ‘Localize’ 24 Public Blockchains by Making Them Permissioned

China’s state-sanctioned Blockchain-Based Service Network is finally bringing public chains to its homeland -- but they will look very different.

191 +

Ride-Hailing Startup With Over 550M Users To Conduct First Real-World Test Of China’s Digital Yuan

China’s inbound central bank digital currency will see its very first real-world test on DiDi, the ride-hailing behemoth that deemed as the Chinese version of Uber. DiDi will trial digital yuan as a payment system on its mobile transportation platform.

200 +

800,000 ETH Are Suspiciously on the Move

A China based alleged ponzi scam that allegedly stole nearly 800,000 eth and for long was one of the very top addresses, PlusToken, has suddenly began moving a year or...

166 +

Could Donald Trump Be the “Trump Card” of Bitcoin?

President Trump is a very busy man, and he has dedicated himself into securing the status of the dollar, calling for QE and negative interest rates, as well as bringing back more jobs from China. While the effects of such measures on the economy remain unclear, he has unintentionally promoted the development of bitcoin, despiteRead MoreRead More.

315 +

China Beings its Surveillance of Online Gaming Communication

China is known for making some very interesting decisions at very random intervals. One of those decisions will affect online gaming, especially when it comes to interacting with non-Chinese players.

131 +

A Sovereign Blockchain is the Next Objective for China

China has made its blockchain ambitions very clear in the past few months. One of the ventures the government will focus on is a sovereign blockchain to be used by the Chinese Central Party School.

229 +

Coronavirus Forces China to Sanitize Billions in Paper Money, Bitcoin Avoids Such Precautions

China’s central bank, The People’s Bank of China (PBoC), plans to sanitize billions of yuan notes in areas that are worst affected by the coronavirus. The epidemic, which has hit China’s political, economic, and education systems very hard, has pushed the nation’s authorities to take extreme actions to curb the spread of the virus.

188 +

President Xi Visits the Beijing Area as the Coronavirus Runs Rampant Across China

The coronavirus outbreak continues to throw up very surprising developments. It has even forced President Xi Jinping to come out and tour Beijing to oversee efforts to contain the epidemic. Albeit a Presidential visit won’t alleviate any symptoms, the Chinese public will be pleased to see him in the open again.

136 +

Coronavirus Whistleblower Immortalized on Ethereum Amid Calls For Free Speech in China

Dr. Li Wenliang, one of the first to blow the whistle on the virus outbreak in China has died today, February 7th, at the very young age of 34. Wenliang... The post Coronavirus Whistleblower Immortalized on Ethereum Amid Calls For Free Speech in China appeared first on Trustnodes.

172 +

CNY Falls, Shanghai Stocks Plunge, Gold Down, Oil Rekt, Bitcoin?

Western stocks have seen a bit of respite today after a very red Friday, but in China one of the biggest fall in the Shanghai Composite Index has sent it... The post CNY Falls, Shanghai Stocks Plunge, Gold Down, Oil Rekt, Bitcoin? appeared first on Trustnodes.

243 +

Over 700 Blockchain Firms Founded This Month in China, Over 26,000 in Operation

Over 700 blockchain firms have already been founded in China in 2020, though registered operating capital among the vast majority of them is very low

178 +

Trump ‘Loves’ Negative Rates and ‘Could Get Used to’ Them, Criticizes Fed at World Economic Forum, China Trade Deal

U. S. President Donald Trump spoke at the World Economic Forum in Davos, Switzerland Tuesday saying the U. S. and other nations are “forced to compete … with nations that are getting negative rates, something very new.

138 +

China’s PBoC Completes ‘Top-Level’ Design For Digital Yuan, Launch Date Still Unknown

The People Bank of China (PBoC) has just completed a top-layer design and the testing of its central bank digital currency (CBDC) that should be released very soon. As reported by Chinese news outlet Sina on January 10, the tests and top-layer design for the digital Yuan were accomplished and developed according to relevant standards. […]

192 +

2019 to 2020: Insiders, Outsiders and Experimenters in Crypto Regulation: Part 2

Crypto regulation in Russia, China and India was very confusing in 2019. Should we expect more clarity in 2020 from these developing economies?

151 +

China may Decide to Regulate Bitcoin After all

Cryptocurrency regulation remains a controversial topic in different regions. Many hope to see some sort of solution emerge out of China, and it may be closer than one may think. Bitcoin and other digital assets have proven very difficult to regulate in many different ways.

153 +

How China’s National Cryptocurrency Will Improve the Nation’s Economy

According to recent information, China’s e-yuan will roll out in early 2020, and it will be very cautious, initially only focusing on consumer spending. Recent reports regarding China’s upcoming cryptocurrency claim that Beijing is preparing to launch the so-called ‘e-yuan’ in early 2020.

128 +

Is APT20 a new Chinese State-sponsored Hacker Collective?

China is known to sponsor several hacking collectives. APT20 a very active community of criminals, wasn’t officially linked to any country, until now. New research by Fox-IT seems to indicate APT20 is working on behalf of the Chinese government.

102 +

Binance's entry into China 'difficult:' CEO Changpeng Zhao

Malta-based Binance, one of the world's leading cryptocurrency exchanges, has been very proactive in the development of its own ecosystem, with respect to offering crypto-based services. Changpeng ZhaThe post Binance's entry into China 'difficult:' CEO Changpeng Zhao appeared first on AMBCrypto.

200 +

Bluebook of Blockchain Report: Over 25,000 Chinese Crypto Companies Tried Issuing Cryptoassets

The Chinese blockchain market seems to be a very powerful driver for cryptocurrency adoption. This time, over 25,000 blockchain firms in China have tried to issue their own crypto tokens. This is according to a recent report released by financial and technology authorities in the country.

162 +

Bitcoin Could Fall Below $6K, Predicts Analysts

The Bitcoin price initiated a rapid decrease on November 22. It fell through several support areas without showing any signs of a reversal. It is approaching a very significant support line, which has been in place for roughly eight years.

178 +

Shenzhen Authorities are Investigating Illegal Crypto Activities After Shanghai Inspects Exchanges

China seems to be very ambitious when it comes to putting down illegal cryptocurrency activities, causing a lot of speculations in the country. After Shanghai has investigated the local crypto marketplace, it’s the technology capital Shenzhen’s turn to so the same.

170 +

Chinese Kuniao Browser Grants “Legal” Access to Twitter and Facebook

Using the Internet is China is very different from virtually anywhere else in the world. Numerous websites are blocked, and this artificial blockade cannot be circumvented that easily. That was, until a new web browser called Kuniao came to market.

146 +

China Will Spend $2bn on Blockchain Anually by 2023, Report Says

China appears to be very serious regarding their blockchain push. A new document unveiled this week confirms the government will increase its overall spending on this technology over the next four years.

170 +

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.

199 +

China's CCCP calls for cautionary, 'rational' use of blockchain tech

China has been very ambitious lately in an effort to dominate the global blockchain technology space. Realizing the need to be at the forefront of technical innovations to remain a superpower, the couThe post China's CCCP calls for cautionary, 'rational' use of blockchain tech appeared first on AMBCrypto.

179 +

China’s $3.6 Billion WTO Case Win Against the U.S. Is Nothing More Than a Sideshow

The World Trade Organization (WTO) allowed China to collect $3. 6 billion in tariffs against the United States. The trade war has become so big that the retaliatory tariffs won’t add any layer of tension.

167 +

Collapsing Trade Talks and Trump Impeachment Vote Create Perfect Storm for S&P 500

Any significant trade resolution between China and the U. S. appears unlikely. The impeachment proceedings will give Trump powerful leverage that can get him re-elected in 2020. The stock market is very likely to go through a massive selloff but Trump may come out victorious.

187 +

Indian State Tamil Nadu is Reportedly Developing AI and Blockchain Policies

Tamil Nadu, the 10th largest Indian state, is working on creating state-level policies for AI and blockchain technologies. Blockchain technology seems to be going through a very positive period, with major countries around the world suddenly welcoming it.

151 +

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.

181 +