2019-11-14 20:45 |
Despite online impostors claiming otherwise, the People’s Bank of China said the country’s stablecoin project is still in the testing stage with no date set for launch.
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The BRICS countries could launch their own cryptocurrencies to shift away from the US Dollar
2019-11-14 22:35 | |
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Despite having a longtime ban against cryptocurrency, the People’s Bank of China recently decided to research the use of digital currency for themselves. While there have been multiple news reports stating that the central bank has already issued digital currency, the PBoC has stated that the claims are “fraudulent.” Instead, the official statement from the […]
2019-11-14 23:14 | |
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The People’s Bank of China addresses rumors about its digital currency launching in Q1 2020. Speculations mount about the government-backed cryptocurrency. A few details are known about the upcoming digital renminbi.
2019-11-14 12:53 | |
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While the US drags its regulatory feet and gets bamboozled by bureaucracy, China forges ahead and could launch its own digital currency within a few months. Crypto Yuan Nearing According to a central bank official, China’s planned crypto yuan is not all about spying on its citizens.
2019-11-13 08:53 | |
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Coinspeaker China’s Bitcoin Mining Firm Canaan Creative to Launch Its IPO Next Week on NasdaqFailing to go public on the China and Hong Kong exchanges, Canaan now will make its public listing through the Nasdaq platform.
2019-11-12 16:37 | |
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Buy price targets for Tesla stock range from $400 to $530. The ‘Made in China’ Model 3 is gearing for launch, although a date hasn’t been set yet. Next year the Model Y will be unveiled and Elon Musk has big hopes for it.
2019-11-12 16:33 | |
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China is on its way to becoming the first country to launch a state-backed global digital currency and Michael Novogratz, a prominent billionaire, has commented on that. Novogratz believes that the U.
2019-11-12 03:42 | |
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Jack Lee, the founding partner of HCM Capital, has recently affirmed that the central bank digital currency (CBDC) of China is being created and is expected to be launched in the next few months. According to a recent interview with CNBC, Lee said that the central bank of China will use the new digital currency […]
2019-11-12 03:00 | |
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Facebook's universal digital currency project Libra might be at the receiving end of regulators and governments around the globe, but looking at China's accurate adoption of blockchain technology and the slated launch of its central bank-issued digital currency (CBDC) by the end of this year, the US might need an ally like Libra to help […]
2019-11-11 22:17 | |
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China’s digital currency could launch in 2-3 months, according to HCM Capital’s Jack Lee
2019-11-11 14:38 | |
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Chinese State Media Praise Bitcoin as a “Successful Application of Blockchain” Blockchain fever overruns the people’s republic Bitcoin propaganda comes as China preps to launch digital currency in 2020 China has taken yet another step towards fully embracing Bitcoin, calling it “The First successful application of blockchain technology.
2019-11-12 12:51 | |
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VeChain (VET), a distributed ledger technology (DLT) platform designed to enhance supply chain management, has joined forces with DNV GL and ASI Group to launch Foodgates, a cross-continental trade and logistics solution powered by VeChain Thor.
2019-11-9 22:00 | |
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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.
2019-11-9 22:00 | |
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Huobi Argentina, which is a subsidiary of the Chinese group Huobi in the country, has recently announced that it would invest $100 million USD to go towards creating a new crypto data center in Argentina.
2019-11-7 02:12 | |
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A gold bug veteran Peter Schiff claims that if China decides to launch a digital coin it would not be good for bitcoin. Schiff is well known for his notorious negativity regarding anything bitcoin. Peter Schiff tells Keiser that Gold betas bitcoin Schiff thought that the reporter Keiser referred to him as an idiot since […]
2019-11-6 01:48 | |
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China has announced its plan to bank big on Blockchain technology when the president of the country had a press briefing calling for the accelerated adoption of blockchain technology. Since the announcement there has been a surge of new developments coming out of China, first, they passed a crypto law keeping the launch of its […]
2019-11-4 21:48 | |
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Chinese President's recent announcement regarding accelerating the use of blockchain technology followed by the passing of crypto law and the impending launch of the central bank-issued digital currency fits perfectly with China's plan of world domination.
2019-11-3 22:00 | |
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After five to six years of research, China’s central bank revealed few specifics of its Digital Currency Electronic Payment (DCEP) project while a Chinese official finally stated that the People's Bank of China (PBoC) is likely to be the world’s first central bank to launch a digital currency. Digital Currency Electronic Payment will be powered […]
2019-11-2 22:24 | |
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At the hearings in Congress on October 23, Mark Zuckerberg warned US authorities against the danger of losing priority in cryptocurrency industry. Defending his Libra project, he drew congressmen’s attention to the fact that China is ready to launch own cryptocurrency.
2019-11-2 11:13 | |
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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.
2019-11-1 18:09 | |
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The government of Guangzhou, a province in southern China, announced that it will launch a $150 million subsidy fund to aid the development of local blockchain projects. The government will selectively sponsor up to two “blockchain-related” projects per year, local Chinese media reported.
2019-10-31 23:10 | |
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Authoritarian China has unironically banned criticism of blockchain technology. The move comes after President Xi Jinping publicly called for more blockchain research. The crypto industry remains divided about China’s sudden pivot.
2019-10-31 20:18 | |
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New volleys of the cryptocurrency war between the United States and China are not long in coming. Coinstelegram was one of the first to notice this new trend in relations between the two leading economies.
2019-10-30 20:53 | |
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Coinspeaker China Not Facebook Is Likely to Be the First to Launch Digital Currency and Roll Out DCEPA Chinese financial expert said that China will be the first country to properly float a digital currency, adding that Facebook’s Libra efforts will fail.
2019-10-29 12:50 | |
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Huang Qifan of the China Center for International Economic Exchanges said that China will be the leader in forming a national digital currency
2019-10-29 19:41 | |
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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.
2019-10-29 18:45 | |
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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.
2019-10-28 18:16 | |
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While the PBoC has yet to confirm the launch of "DCEP," China's finance tsar Huang Qifan says that the central bank has been studying it for almost six years
2019-10-29 17:22 | |
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Mark Zuckerberg will appear before Congress on Wednesday to defend Facebook’s controversial ‘cryptocurrency’ project, Libra. In his prepared remarks, the Facebook CEO will tell lawmakers that America risks losing “financial leadership” to China if they don’t get behind his company’s plan.
2019-10-23 13:07 | |
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Central Bank Digital Currencies or CBDCs have been a hotly debated topic over the past few months. After Bank of China announced that its issued central currency was ready for launch, major financial institutions around the world have started discussing the issuance of their own virtual assets.
2019-10-19 21:30 | |
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The central bank of Canada is considering launching a sovereign digital currency that would eventually replace cash and combat the “direct threat” cryptocurrencies pose to monetary controls, The Logic reported.
2019-10-17 10:00 | |
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Over the past few months, the confluence of payments and the global economy has never been clearer. With Libra sending tremors from Washington D. C. to Paris, and China unveiling its plan to launch a digital yuan, ill-prepared lawmakers are feeling the brunt of not paying enough attention to the growing digital payments industry.
2019-10-16 09:43 | |
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Foldable phones feel like the future, but the path there isn’t easy – just ask Samsung. That phone’s early woes almost certainly influenced Huawei to delay the release of its own foldable device.
2019-10-15 23:39 | |
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The Chinese central bank, known as the People’s Bank of China, has recently put up a recruitment notice on its official site. According to the job post, the state bank is looking for six tech experts who have a lot of experience with blockchain technology. Most of the people hired are set to work on […]
2019-10-12 02:52 | |
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CME Group’s global head of equity products, Tim McCourt, believes that Asian traders and miners will welcome their Bitcoin options product with open arms come Q1 2020. As per an interview with South China Morning Post, CME anticipates greater demand for options contracts given the immense benefits of using it as a hedging mechanism, October 10,Read MoreRead More.
2019-10-12 01:00 | |
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As the US is making more hurdles for Libra?s launch and China is testing its digital currency, some fear the US may lose its leadership in the crypto industry to China
2019-10-10 17:09 | |
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As the US is making more hurdles for Libra?s launch and China is testing its digital currency, some fear the US may lose its leadership in the crypto industry to China
2019-10-10 17:09 | |
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Binance yesterday announced the Chinese launch of its P2P trading service, with the slug-line, ‘anything that makes it easier to get crypto’. One thing it didn’t announce, but head honcho, CZ, later confirmed on Twitter, was the addition of fiat on-ramps via WeChat and Alipay.
2019-10-10 14:30 | |
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Facebook’s attempted foray into the crypto world certainly grabbed the world’s attention. Meanwhile, China’s intentions to launch its own stablecoin grabbed the attention of US politicians. Industry leaders are now wondering whether the US will get left behind due to its negative stance towards digital assets.
2019-10-6 15:00 | |
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China Merchants Bank International teams with Nervos for DApp development - CryptoNinjas China Merchants Bank International (CMBI), a wholly-owned Hong Kong subsidiary of China Merchants Bank, today announced that it is partnering with layered blockchain network Nervos to jointly develop and launch decentralized applications (DApps) for financial services.
2019-10-4 18:51 | |
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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.
2019-10-3 16:30 | |
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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.
2019-10-8 16:30 | |
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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.
2019-9-30 19:00 | |
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Tokenizing the Dollar It is clear that the world is trending towards digital forms of money. China is expected to launch its own crypto asset — purportedly based off some derivative of blockchain — in...
2019-9-28 02:00 | |
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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.
2019-9-25 16:30 | |
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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 […]
2019-9-25 20:15 | |
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Chinese officials have confirmed that they have no timetable in place for the launch of their central bank digital currency (CBDC). This comes just weeks after a formal announcement by the PBoC that a launch is being scheduled by year-end.
2019-9-25 17:00 | |
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China isn’t quite ready to launch a digital token after all, says PBoC
2019-9-24 10:04 | |
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Coinspeaker PBOC: China’s Digital Currency Not Launching in NovemberPBoC said that there is no planned launch date for their digital currency and declined that there’s a list of member institutions coming together for it.
2019-9-24 21:15 | |
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The price of XRP could drop to $0.48 after a ton of holders sold the token. Volatility spiked, network activity slumped, indicating that recovery Addresses with 100,000 to 1 million XRP haveThe post XRP holders dump tokens: Will price drop below $0.50 now? appeared first on AMBCrypto.
Ripple made massive progress in Q1 in many areas. Development activity on the network fell. Ripple [XRP] saw massive fluctuations in terms of price over the last week. However, the progress The post Ripple records a strong Q1: What does the future hold for XRP? appeared first on AMBCrypto.
ETH could be close to its bottom after the transaction size failed to spike. While the price might slip, traders are convinced of a quick recovery. On the 19th of May, AMBCrypto observed thaThe post Ethereum's transaction size falls 54%: Why it's not bad news for ETH appeared first on AMBCrypto.
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Coinbase analyst sees a 30-40% chance of approval for Ethereum ETFs. Ethereum's dominance and performance are at a low, suggesting a need for positive development soon. It is generally belieThe post Predicting how ETH will react IF the SEC approves Ethereum ETFs appeared first on AMBCrypto.
ETH was up by more than 6% over the last seven days. A few of the metrics suggested that the bullish momentum might not last. Ethereum [ETH] caught investors off guard as its price gaineThe post Ethereum sets sights on $4K: Will THIS spark a new rally for ETH? appeared first on AMBCrypto.
New data indicated that the likelihood of approval of Ethereum ETFs was relatively high. Ethereum lost market share to Solana, however, the price of ETH continued to surge. Ethereum [ETH] haThe post Ethereum ETFs progress, but Solana may turn things bearish instead - How? appeared first on AMBCrypto.