Результатов: 25

Chinese Police Seize $160 Million Worth of Crypto In Cross-Border Gambling Crackdown

Chinese authorities have announced the country’s first-ever case of cryptocurrency confiscation through a court ruling. Related Reading: 78% Of Bitcoin Exchange Inflows Are Coming From Short-Term Holders: Glassnode According to a report, an investigation conducted by Chinese police has uncovered a large-scale cross-border online gambling case with a turnover of 400 billion yuan (approximately $56 […] дальше »

2023-7-19 04:00


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First-Ever Blockchain Letter of Credit Transaction Carried out by Chinese Steelmaker

Baosteel, a Chinese steelmaker, along with Australian mining firm Rio Tinto, have completed a renminbi (RMB)-denominated letter of credit (LC) transaction using blockchain technology. The LC transaction facilitated by Standard Chartered Bank (SCB) represents the first-ever paperless cross-border deal in the iron ore industry finalized in China’s fiat currency. дальше »

2020-5-14 15:16


Firms Have Borrowed $8.2 Billion from the Blockchain Platform of a Chinese Forex Regulator

The Chinese regulator State Administration of Foreign Exchange (SAFE) runs a cross-border blockchain financing system and has helped firms with more than $8.2 billion. The SAFE platform has helped small and medium-sized (SMEs) corporations and enterprises with this amount of money in only 8 months after being opened, reports the Economic Information Daily. Ever since […] дальше »

2019-11-26 22:44


China’s SAFE Regulator: Libra Could Be Used For Mischievous Cross-Border Payments

A senior Chinese regulator, Sun Tianqi recently spoke about the Facebook’s Libra project. According to the Chief Accountant of China’s State Administration of Foreign Exchange, Libra needs to abide by the same kind of law that other foreign currencies do or it will be banned from the country. According to Sun, countries that asses Libra […] дальше »

2019-10-29 01:44


Ripple’s cross-border technology possibly breaks into China while IOTA hangs out with bankers

Ripple’s cross-border technology breaks into China? Ripple recently saw an opening to offer its cross-border payment technological solutions in the land of the red dragon. The opening is a result of partnership between American Express, US-based payment company and LianLian Group, a Chinese third-party payment service provider. дальше »

2018-11-13 14:55


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Blockchain Remittance Corridor Opened to Philippines by AlipayHK

Ant Finance, the payment affiliate of Chinese e-commerce giant Alibaba, has launched a blockchain-based cross-border settlement service for consumers. According to a local news report, Ant Finance announced the blockchain remittance service at a press conference in Hong Kong on Monday, saying it will initially be rolled out for consumers sending funds between Hong Kong дальше »

2018-6-25 17:03