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The Bahamas beats China by launching the world’s first CBDC
China has made central banks around the world start considering, and even exploring and developing CBDCs after it originally revealed digital yuan. However, while China was considered to be in the lead when it comes to the development and testing of its own CBDC, it appears that another project may have surpassed it. дальше »
2020-10-21 12:24 | |
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Highest Number of World’s Richest People Live in China, Not U.S: Global Wealth Report
Coinspeaker Highest Number of World’s Richest People Live in China, Not U. S: Global Wealth ReportChina currently has 4. 4 million millionaires and attained another groundbreaking record being home for 100 million members of the world's "top 10%". дальше »
2019-10-23 13:00 | |
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China’s Top 10% Flip Rich Switch in a First to Outnumber Wealthy Americans
For the first time ever, the Chinese outnumbered the Americans among the top 10% of the wealthiest people in the world. While the US boasted of 99 million people featuring in the global top 10%, China had 100 million of them, according to Credit Suisse. дальше »
2019-10-22 15:03 | |
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Liquidity Wars: XRP, Libra, China’s CBDC- How the story could pan out
Things are starting to get serious. Digital currencies are no longer in their infancy, they have grown up. The world has shown that the infusion of finance and technology is inevitable, paving the way for the brainchild of that union – financial assets on the blockchain. дальше »
2019-10-21 17:00 | |
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Bitmain Texas Bitcoin Farm Combats China Mining Monopoly
Bitcoin mining giant Bitmain has unveiled a new US facility which could become the biggest mining operation in the world. The newly proposed 33,000 acre farm is a positive step in reducing China’s bitcoin mining dominance. дальше »
2019-10-21 12:00 | |
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Central Banks should get involved with digital currencies: PIIE’s Adam Posen
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. дальше »
2019-10-19 21:30 | |
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Binance to Add Bitcoin Cash to Its Decentralized Exchange
Already widely available for trading across the world, bitcoin cash continues to expand into new markets and platforms. The latest venue where users can soon exchange the cryptocurrency is Binance’s decentralized exchange. дальше »
2019-10-17 13:20 | |
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Ex-CFTC proposes blockchain-based dollar to save declining fiat
2019 marked the rise of another crypto-based experiment, as centralized financial institutions around the world started to contemplate the idea of a Central Bank Digital Currency [CBDC]. Bank of China was already ahead in this game, after announcing that their native CBDC was almost already, and in recent reports, Bank of Canada also entered the […] The post Ex-CFTC proposes blockchain-based dollar to save declining fiat appeared first on AMBCrypto. дальше »
2019-10-17 12:00 | |
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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. дальше »
2019-10-11 14:00 | |
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Binance Re-Enters Chinese Market by Introducing Cryptocurrency-Yuan Trading
One of the world’s largest crypto exchanges, Binance, is re-emerging in China with plans to host OTC yuan-to-cryptocurrency trades. Binance is still one of the best-known names in the cryptocurrency trading industry, as it stands as one of the largest exchanges in the world. дальше »
2019-10-10 12:44 | |
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Binance CEO Confirms Chinese Crypto-Fiat On-ramps
Despite a crypto ban in China, citizens are still hungry for digital assets and companies around the world are seeking ways to facilitate trading for the burgeoning population. One of the world’s largest exchanges has just confirmed new fiat on-ramps for two of China’s largest ecommerce and social media payments platforms. дальше »
2019-10-9 13:13 | |
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Viacom Uncowed by China Over South Park, but Will Its Chinese Ops Suffer?
Comedy Central, which is owned by Viacom (NASDAQ: VIA), has refused to kowtow to China after an episode of its animated show “South Park” was deemed critical of regulators in the world’s most populous country. дальше »
2019-10-8 21:00 | |
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Dow Futures Cling to Gains as China’s Economy Averts Disaster
Futures on the Dow and broader U. S. stock market advanced in overnight trading Tuesday after a closely-watched report of China’s economic output improved slightly in September, alleviating fears of a more protracted downturn in the world’s second-largest economy. дальше »
2019-10-8 07:02 | |
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Will the US Launch a Crypto Dollar? Coinbase CEO Ponders
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. дальше »
2019-10-6 15:00 | |
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Protesters Wield Tools of Freedom as Hong Kong Imposes Dictatorship
Four months of protests continue in Hong Kong as the world is witnessing the biggest uprising of political dissent in the territory since the 1997 ‘handover’ from Britain to China. Protesters have recently embraced wearing Guy Fawkes masks but on October 3, Hong Kong’s current Chief Executive, Carrie Lam, implemented colonial-era emergency powers banning the […] The post Protesters Wield Tools of Freedom as Hong Kong Imposes Dictatorship appeared first on Bitcoin News. дальше »
2019-10-5 18:16 | |
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Facebook’s Libra, other stablecoins may disrupt financial stability, claims FSB’s Vice Chair
The commotion around Libra and other stablecoins has caught the attention of a lot of regulators from across the world. The idea of a virtual asset backed by a fiat currency to facilitate payments has taken flight among several mainstream financial institutions, including the likes of JPMorgan. дальше »
2019-10-5 23:30 | |
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Video: How Seoul will become one of the world’s best startup cities
South Korea is one of the world’s technological powerhouses, home to giants such as Samsung, LG, and Kia. The small Asian country truly punches above its weight as it’s starting to rival the digital prowess of its much bigger neighbors, China and Japan. дальше »
2019-10-1 16:02 | |
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Facebook’s Libra is what the USA needs to defend the ‘Free World’ from China, claims David Marcus
Facebook is laying its claim as the saviour of the free world. You read that right. A company whose motto, according to the underwebs of Silicon Valley, is “Move Fast and Break Things,” is positioning itself as the digital shining light for democracies everywhere. дальше »
2019-9-20 17:00 | |
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Juul’s Valuation Is Going Up in Smoke After China Terminates Sales
Mere days after launching in the world's largest tobacco market, Juul, a leading e-cigarette producer, had its sales terminated in China; meanwhile, stock estimates have been reduced to little more than vapor, with the firm's $38 billion valuation slowly evaporating. дальше »
2019-9-18 20:30 | |
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Bitcoin has always been seen as an investment by the Chinese, and not as a payment system, claims Bobby Lee
Charlie Shrem interviewed Bitcoin veteran and Ballet Co-founder, Bobby Lee, on his podcast, Untold Stories, earlier today. During the interview, Bobby spoke about his experience of co-founding BTC China, the first Bitcoin exchange in China and for a while, the longest running exchange in the world, while also addressing his interactions with Chinese regulators. дальше »
2019-9-18 01:30 | |
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China’s Inner Mongolia to Drive Out Cryptocurrency Miners
Authorities in China’s autonomous region of Inner Mongolia released a notice requiring local cryptocurrency mining firms to stop their operations, according to ChainNews. Is Inner Mongolia Starting a Trend Among China’s Authorities? China has enjoyed that status of the world’s hub for cryptocurrency mining since it hosts a good share of crypto miners who’re looking for cheap electricity. дальше »
2019-9-16 16:00 | |
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EU Next on Trump’s Tariff List; Will People Turn To Bitcoin?
As if there were not enough economic problems facing countries of the world at the moment without an escalating trade war imposed by the Trump administration. Not content with levying heavy import tariffs on China, the POTUS has set his sights on Europe next, so will bitcoin and same safe-haven assets grow in popularity there too? Europe Next For Trade Tariffs According to reports, the Trump administration is preparing to announce tariffs on billions of Read More The post EU Next on Trump’s Tariff List; Will People Turn To Bitcoin? appeared first on Bitcoinist.com. дальше »
2019-9-16 14:30 | |
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U.S. Department of Homeland Security using blockchain to protect intellectual property
Billions of Dollars’ Worth of IP Stolen, Says Trump Imagine your new Apple iPhone XS Max Gold arrived in the mail. You bought a clone from China and saved 90% off the usual retail price. What a bargain. дальше »
2019-9-12 17:30 | |
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Here’s Why China is Pushing A Central Bank Digital Currency, Not Crypto
China is set to launch the world’s first central bank digital currency (CBDC). As the majority of central banks, including in the US and Europe, are tentative over issuing their own CBDCs, the People’s Bank of China (PBoC) has gone all-in on the idea of a digital Yuan and not a crypto asset. дальше »
2019-9-12 13:00 | |
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PR: Bitmain Announces Highly Anticipated World Digital Mining Summit
The World Digital Mining Summit (WDMS) hosted by Bitmain – the world’s top 10 and China’s second largest fabless chipmaker – is set to return on 8-10 October in Frankfurt with a focus towards industry investment and innovation for the mining sector. дальше »
2019-9-12 12:30 | |
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Circle CEO: No One in the World Is Any Closer to CBDCs than China
No country in the world is closer to central bank digital currencies than China, Circle CEO Jeremy Allaire says
дальше »2019-9-11 04:55 | |
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Hyper-Bitcoinization Is A Possibility As Central Banks Continue Stacking Gold; Driving Up The Price
Bitcoin enthusiasts and investors are looking forward to the day central banks will start stockpiling the digital asset as the hunger for hard assets increases. Central banks around the world are moving towards gold as a store of value as de-dollarization picks up pace as US wars continue with China, Iran, Russia and other sanction-able […] дальше »
2019-9-10 20:53 | |
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Trump Trade Tussle Squeezes China to Add a 100-Ton Gold Hedge
Growing fears of a full-blown trade war with the U. S. has sent China on a gold-buying spree in a bid to increase its reserves of the yellow metal. According to Bloomberg, the world's second-largest economy increased its bullion holdings by 0. дальше »
2019-9-10 17:24 | |
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Chinese Sinochem Unit Set to Launch Blockchain for Oil Trading with Shell
Coinspeaker Chinese Sinochem Unit Set to Launch Blockchain for Oil Trading with ShellBlockchain technology is gaining ground in the global energy sector. Following the success of Vakkt, the world's first energy blockchain, China's Sinochem and strategic partners are looking into the development of energy blockchain as well. дальше »
2019-9-6 14:25 | |
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Bitcoin Mining Giant Named One of China's Hottest Startup Employers
China has held the crown for being the home of some of the largest makers of bitcoin mining equipment for years now. According to LinkedIn, one of these bitcoin mining rigs has emerged as a favored destination for job seekers in the world’s second-largest economy. дальше »
2019-9-5 19:54 | |
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Elon Musk seemed unhinged ‘debating’ AI with Jack Ma
Tech moguls Elon Musk and Jack Ma took the stage last week at the 2019 World Artificial Intelligence Conference in China to talk about AI. What ensued was exactly what you’d expect from two of the most celebrated figures in tech: a strange, awkward, passive-aggressive bicker. дальше »
2019-9-4 22:53 | |
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China’s Love with Tether (USDT) Signals a Bullish Trend in the Cryptocurrency Market
Chinese cryptocurrency traders are building a strong trading relationship with Tether (USDT) as the stable coin remains the best traded asset in the crypto world. According to Coinmarketcap charts, the token holds 33. дальше »
2019-8-30 16:39 | |
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Tron Foundation CEO’s lunch with Warren Buffett is still on track, claims Tron’s Director of Global Communications
As the ongoing trade war between US and China continued to encourage crypto-proponents around the world, Cliff Edwards, Tron’s Director of Global Communications, made news by giving the communtiy the latest news on Justin Sun’s lunch with invetsment mogul, Warren Buffett. дальше »
2019-8-30 11:58 | |
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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. дальше »
2019-8-31 07:13 | |
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New Binance Report on China’s Digital Currency Says It Will Be Two-Tiered And Replace Cash
One of the largest crypto exchanges of the world, Binance, has recently commented on China’s alleged plans to create its own digital currency. According to the exchange, the new token will most likely be a two-tiered system that will be used to replace all fiat currency currently in circulation in the largest nation of the […] дальше »
2019-8-30 01:22 | |
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China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder
Facebook’s fears that the bottlenecks tech firms in the free world face in developing cryptocurrencies risks opening the door for more closed societies to take the lead have been confirmed. According to Forbes, China has already developed a state-backed cryptocurrency known as DC/EP (DC- Digital Currency, EP – Electronic Payments) that could be unveiled in […] The post China’s Govt Crypto Readies Huge November Launch to Steal Libra’s Thunder appeared first on CCN Markets дальше »
2019-8-30 14:43 | |
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Central bank of China to launch digital currency within months in fight to retain control over monetary policy
The People’s Bank of China (PBOC) will roll out China’s sovereign digital currency, DC/EP, as early as November this year, distributing it to seven institutions including Alibaba, Tencent, and the four largest banks in the world, two separate sources told Forbes. дальше »
2019-8-28 13:10 | |
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Circle’s Jeremy Allaire praises China’s government-backed digital currency
“Our view was that RMB was going to grow in the world”, said Jeremy Allaire, the CEO and founder of the digital currency company Circle, as China geared up for its first-ever government-backed digital currency. дальше »
2019-8-23 21:39 | |
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Major Flooding Disrupts Chinese Hydro Power, Bitcoin Mining
Rampant flooding in China’s Sichuan province has had a catastrophic effect on some of the world’s leading bitcoin mining operations. The post Major Flooding Disrupts Chinese Hydro Power, Bitcoin Mining appeared first on Bitcoin Magazine. дальше »
2019-9-6 00:21 | |
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Africa could emerge as the battleground between Facebook and China as digital currency race heats up
Ever since Facebook announced its plans to launch its own cryptocurrency, the world’s regulatory and financial space hasn’t been the same. However, the news cycle about Libra was soon overtaken by lawmakers and regulatory bodies voicing their grave concerns about the same, while also highlighting Facebook’s own problematic history. дальше »
2019-8-21 20:30 | |
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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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Indian Firms Big on Blockchain But Gov’t Still Myopic on Crypto
It appears that the Indian government is mirroring China’s movements with regards to blockchain and cryptocurrency. A huge project by Indian mobile network operator, Reliance Jio, plans to roll out the country’s largest blockchain platform, yet lawmakers remain myopic about cryptocurrency. дальше »
2019-8-12 14:00 | |
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OceanEx Unveils First IEO Project on OceanEx GO! - Jur (JUR)
Beijing, China - OceanEx, one of the fastest-growing and reputable cryptocurrency exchanges in the world is announcing that the first project on OceanEx GO! is Jur (JUR). Jur is a blockchain-based ecosystem providing revolutionary trust solutions in the legal and justice industry for any business-related circumstances. дальше »
2019-8-12 14:50 | |
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Is Bitcoin Really A Hedge Against The US-China Trade War And Devaluing Yuan?
The trade war between the world’s two biggest economies continues to intensify while China’s yuan remains above the important physiological level 7 at 7.6 against the US dollar on Friday. With central banks around the world making rate cuts and a threat of currency crisis looming, Bitcoin is fast becoming a safe haven asset. According […] дальше »
2019-8-9 15:48 | |
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