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Bitcoin Price Surge Could Be Fueling Interest in Digital Yuan, Says PBOC
China’s central bank, the People’s Bank of China (PBOC) has stated there is increased interest in its upcoming central bank digital currency (CBDC) project, and this could be partly due to the recent surge in bitcoin price. дальше »
2021-4-2 19:00 | |
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BTC Recovers Further as China’s Stance on BTC Shudders
The policy comes after China’s top economic planner National Development and Reform Commission (NDRC) said Inner Mongolia is the only province failing to constrain energy waste in 2019. BTC’s high energy consumption could be the main driver for this decision. дальше »
2021-3-2 19:22 | |
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Tesla Investment in Bitcoin Could Mean More Work for Xinjiang Coal Miners
There is a good chance that any new bitcoins generated after Elon Musk boosted the crypto will be sourced using cheap coal power in China’s Xinjiang. Cheap Reserves of Fuels Make the Province Suitable The region, which has risen to prominence in recent years for complaining about harassment of the Uighur Muslim minorities, is alsoRead More дальше »
2021-2-10 00:00 | |
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China turns up pace on CBDC release, tests infrastructure prior to adoption
The yuan is not seen as a major currency. Could digitizing it change that? China is breaking new ground in the Shenzhen region and beyond. дальше »
2021-1-17 10:47 | |
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Trump Bans Chinese Payment App Giants Alipay and Wechat- Order Could Steer Billions of Dollars Toward Bitcoin
Cryptocurrencies may see a boost between China and the U. S. , as the American president Donald Trump has signed an executive order banning financial transactions with eight China-based payment applications. дальше »
2021-1-7 03:30 | |
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Could Self-Sovereign Identity Level Up Blockchain Adoption?
The concept of digital identity is gaining rapid traction across the globe. Four of the world’s five most populous countries – China, India, Indonesia, and Brazil – are in various stages of implementing government digital identity schemes, as are many other governments around the globe. дальше »
2020-12-16 21:51 | |
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Former PBoC Governor: China Doesn’t Have ‘An Ambition to Replace Existing Currencies’
China’s former head of the central bank said digital yuan could be useful for cross-border trade and support its efforts to promote yuan as an international currency. Zhou Xiaochuan, who stepped down as governor of the PBOC in 2018, spoke at the Shanghai Financial Forum on Friday. дальше »
2020-12-15 00:31 | |
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China’s answer to Bitcoin could wreck Macau’s multi-billion dollar casinos
China has been a long time critic of Bitcoin despite its unwavering support for digital finance and payments. The post China’s answer to Bitcoin could wreck Macau’s multi-billion dollar casinos appeared first on CryptoSlate. дальше »
2020-12-4 14:30 | |
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China’s CBDC Could Be the Death Knell for Macau’s High Stakes Gambling Scene
Macau’s gambling industry already affected by the coronavirus could be in for another significant external stress in the form of China’s central bank digital currency (CBDC). The emergence of traceable digital yuan enforced by Beijing on the enclave may likely send shockwaves through the sector, forcing several high-rollers to take their money elsewhere. дальше »
2020-12-3 00:00 | |
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Is China Pressuring Hong Kong to Crack Down on Cryptocurrency?
There is an adage in the cryptocurrency space that goes something like; ‘You know it’s a bull run when China bans Bitcoin again’. It was Hong Kong tightening the screws this time, but it appears to be acting in the shadow of its overpowering neighbor and many of the world’s biggest exchanges could be affected. дальше »
2020-11-4 11:10 | |
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Beware: Bullish Bitcoin Case Could Be Due To CFTC Scramble
A new narrative has suddenly spread across the crypto market potentially presenting a bullish case behind Bitcoin’s recent resiliency. The reason? A possible retail buying frenzy in China spurred by the Chinese government themselves. дальше »
2020-10-6 18:00 | |
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China Blacklists Crypto OTC Trading Desks With A Five-Year Banking Ban As Punishment For Illegal Acts
Bitcoin over-the-counter (OTC) traders could be facing up to a five-year ban on their banking accounts in China, local reports state. The central bank, People’s Bank of China (PBoC), is heavily cracking down on money laundering activities and is blacklisting several OTC trading desks dealing in cryptocurrencies. дальше »
2020-9-24 22:55 | |
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China Construction Bank Disables Chinese DCEP Wallet After Users Notice Feature in Bank App
China Construction Bank, one of the central state-owned banks in China, recently realized that the official wallet for the national CBDC is open for public use within its official banking app. The users could navigate to the wallet by merely entering the national digital currency, which would take the users to the wallet feature where […] The post China Construction Bank Disables Chinese DCEP Wallet After Users Notice Feature in Bank App first appeared on BitcoinExchangeGuide. дальше »
2020-8-31 18:36 | |
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How U.S. Restrictions on Wechat & Other Chinese Brands Could Boost Crypto
The ongoing tensions between the U.S. and China could boost crypto should certain events transpire, say certain investors. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue Ongoing China-US Tensions May Be Able to Boost Crypto: Dovey Wan & Others President Trump announced that U.S. businesses can […] дальше »
2020-8-8 06:00 | |
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China: State Commercial Banks Trial Digital Wallet for CBDC
China’s central bank digital currency could be inching closer to its official launch, as some top state-run commercial banks in the country are reportedly trialing a digital wallet for the national digital currency. дальше »
2020-8-7 23:07 | |
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China’s CBDC to Target Private Sector Dominance
With China’s central bank digital currency (CBDC) project still in progress, there are speculations that the digital yuan could be used to water down the dominance enjoyed by major players like Alibaba and Tencent. дальше »
2020-8-5 23:00 | |
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China Aims to Be the World’s Dominant Blockchain Power – With Help From Google, Amazon and Microsoft
China's BSN could be met with geopolitical resistance as it continues to extend its global reach. дальше »
2020-7-30 16:31 | |
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Huawei patents blockchain storage system — so more could be on the way
A patent for a blockchain storage registered by Huawei supports China’s blockchain tech explosion... The post Huawei patents blockchain storage system — so more could be on the way appeared first on Coin Journal. дальше »
2020-7-30 12:29 | |
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How The US-China Capital War a Billionaire Warns Of Could Benefit Bitcoin
Economist Ray Dalio is warning the world of a potential “capital war” brewing between the United States and China. He believes, that it could have devastating implications on the dollar, which could potentially impact Bitcoin. дальше »
2020-7-28 04:00 | |
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Could Floods in China Wipe Out Bitcoin?
China is currently suffering from the worst floods since 1998 when heavy rainfalls damaged and destroyed more than 13 million homes and left a death toll of over 3,700. Considering the fact that a huge chunk of Bitcoin mining is carried out in China, the industry is on edge. дальше »
2020-7-27 16:05 | |
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2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners
Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken out by heavy rainfall and flooding, […] The post 2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners appeared first on Bitcoin News. дальше »
2020-7-24 03:00 | |
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U.S Senate Sanctions Following the Hong Kong Security Law Could Affect Crypto Brokerages
The U. S Senate sanctions that were passed in response to the Hong Kong security law might affect crypto brokerage operations. Dubbed the ‘Hong Kong Autonomy Act,' this senate bill aims to reprimand China for eroding the city's autonomy, which had long favored its position as a financial hub. дальше »
2020-7-9 21:46 | |
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Blockchain Bites: CENTRE’s Blacklist, Brazil’s Stablecoin Boom and Coinbase Is Going Public?
Coinbase is reportedly looking to go public, CENTRE has blacklisted a USDC address and U.S. sanctions could restrict crypto firms in China. дальше »
2020-7-9 19:05 | |
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Mainstream crypto adoption and DeFi were the main topics discussed at the Hangzhou International Blockchain Week
The Hangzhou International Blockchain Week 2020, one of the largest blockchain and crypto conferences in China, put a heavy focus onto mainstream adoption, with influential figures from the industry discussing the ways hundreds of millions of users could be drawn to the space. дальше »
2020-7-9 16:00 | |
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Siberia could be a gold mine for Bitcoin miners
Bitcoin halving resulted in a 33% drop in hashrate. Government of China's Sichuan province's latest directive asked miners to swiftly halt all mining activities. This could result in another 10% drop The post Siberia could be a gold mine for Bitcoin miners appeared first on AMBCrypto. дальше »
2020-6-11 21:01 | |
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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. дальше »
2020-6-8 09:35 | |
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China’s Digital Yuan Set to ‘Displace’ Bitcoin and U.S Dollar; Report
China's Digital Yuan could challenge the U. S dollar and Bitcoin, according to a recent report by Bloomberg. The PBoC backed digital asset was piloted in April by the Agricultural Bank of China within four cities in the country. дальше »
2020-6-4 00:04 | |
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China May Use CBDC in International Transactions: NEO Chief
China may be making plans to include its central bank digital currency (CBDC) in international transactions. That’s the rub according to NEO blockchain CEO Da Hongfei who Tweeted on Wednesday: “Da Hongfei, founder of blockchain platform Neo, says the central bank could split part of the digital currency for use outside of China, much as […] The post China May Use CBDC in International Transactions: NEO Chief appeared first on BeInCrypto. дальше »
2020-6-4 19:38 | |
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US-China Tensions Could Put Pressure on Technology Industries
Souring relations between the US and China could have the greatest impact on technology sector stocks. The technology sector is in a place of particular weakness due to its substantial supply chain requirements based in China. дальше »
2020-6-1 14:40 | |
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US-China Tensions and Bitcoin on the Rise
The United States is threatening China with fresh sanctions over the new security law imposed in Hong Kong. As relations between the two countries sour, Bitcoin could benefit from an... The post US-China Tensions and Bitcoin on the Rise appeared first on Crypto Briefing. дальше »
2020-5-29 15:16 | |
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China’s Digital Currency Could Emerge Sooner Rather Than Later
The Chinese government has been working swiftly to digitize its currency. The stakes, however, are rising. After adopting blockchain technology as part of its national program last year, it became clear that China’s own ‘digital yuan’ (DCEP) would someday be released. дальше »
2020-5-28 05:15 | |
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China: CBDC Issuance Could Be Fast-Tracked for COVID-19 Stimulus Payments
China’s planned digital currency electronic payment (DCEP) project may be accelerated to have the central bank digital currency (CBDC) available for COVID-19 stimulus package payments. The news is the latest in a string of government-led actions aimed at advancing the adoption of blockchain technology in the country. дальше »
2020-5-27 23:00 | |
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China: Lawmaker Proposes Creation of a National Blockchain Fund
China’s blockchain adoption could go a step further with lawmakers looking at the creation of a national blockchain development fund. Authorities in Beijing continue to push for more involvement of the country’s government in leveraging the emerging technology across several economic sectors. дальше »
2020-5-26 00:07 | |
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China’s Civil Law Could Enable Citizens to Inherit Bitcoin
China’s Inheritance Law might soon be updated to include internet property and cryptocurrency, including Bitcoin. The draft bill is currently being reviewed by the government. New Inheritance Law to Be Part of China’s First Civil Code, and It Could Impact Bitcoin Recently, the Chinese parliament revealed the draft of its first civil code, which includes the protection of civil rights like property, personality, contract, marriage, infringement, and inheritance. дальше »
2020-5-26 19:11 | |
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