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Top banks in China Give Backing to the Digital Yuan
The major banking institutions based in Shanghai have aligned with the Digital Yuan over… The post Top banks in China Give Backing to the Digital Yuan appeared first on Coin Journal. дальше »
2021-4-28 13:54 | |
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China’s Latest Digital Renminbi Trial Targets 500k People Plus Cross Border Payments
The Chinese government is conducting fresh digital yuan tests in six new provinces including Shanghai, Hainan, Changsha, Xi’an, Qingdao, and Dalian. The government has increased the scope of this latest DCEP trial from the previous 50,000 to 500,000 users. дальше »
2021-4-15 15:30 | |
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HSBC reportedly bans customers from trading this Bitcoin-linked stock
UK-based Hongkong and Shanghai Banking Corporation (HSBC), one of the world’s biggest banks by assets under management, has reportedly banned customers from trading the stock of business analytics firm MicroStrategy due to its links to Bitcoin, as per a leaked email circulating on social media. дальше »
2021-4-9 11:00 | |
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Our Man in Shanghai: Scandal as $45M of stolen government funds allegedly lost on 100X leverage
The Chief Marketing Officer a blockchain security company has been charged with embezzlement; Peter Thiel calls Bitcoin a 'weapon' of China (but no one cares), and CZ’s net worth rises to $1.9 billion. дальше »
2021-4-9 06:48 | |
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Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention
Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has an uphill battle to take on Alipay and WeChat Pay. дальше »
2021-4-2 03:18 | |
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Chinese Citizens Can Now Apply for the Digital Yuan Wallet Through 6 State-Owned Banks
Following the interview with Ma Changchun, the head of the People’s Bank of China-run Digital Currency Research Institute, a recent report indicates that residents from Beijing and Shanghai can now apply for a digital yuan wallet. дальше »
2021-3-27 19:30 | |
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Wanxiang Blockchain Forms RISC-V International Blockchain SIG with Ecosystem Partners
On Feb. 23, 2021 at MWC Shanghai, Wanxiang Blockchain and aitos.io announced they joined RISC-V International as strategic members and have formed RISC-V International’s new Blockchain SIG... дальше »
2021-2-27 13:07 | |
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RockTree Capital Announces Investment and China Partnership With dYdX Decentralized Exchange
RockTree Capital, a merchant bank in Beijing and Shanghai that invests into and advises blockchain projects across North America and Greater China, announced today investment into and China market partnership with decentralized exchange ‘dYdX’.... дальше »
2021-1-27 14:49 | |
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China's DCEP to be tested in Beijing and Shanghai
China has been striving to release its own digital currency or Digital Currency Electronic Payment [DCEP] in 2021. According to recent reports, it has been actively testing its digital yuan in differeThe post China's DCEP to be tested in Beijing and Shanghai appeared first on AMBCrypto. дальше »
2021-1-24 16:00 | |
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Caohejing Hi-Tech Carnival in Shanghai Plays Host to First FinTech Competition; Peers into the Future of the Financial Sector
The first FinTech competition of the Caohejing Hi-Tech Carnival was held on January 13. The competition was hosted by the Shanghai Lingang Economic Development (Group)... дальше »
2021-1-18 12:07 | |
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Blockchain Startup Conflux Gets Funding From the Shanghai Government
Blockchain company Conflux has announced it received funding from the Shanghai government to aid its public chain research. This fund support is a massive boost for the company, as it’s evidence that the Chinese government is strongly behind the company’s permissionless blockchain project. дальше »
2021-1-13 05:00 | |
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Shanghai government invests $5M in blockchain project Conflux
Conflux Network, a state-endorsed public, permissionless blockchain project in China, today announced it has received a $5 million USD research grant from the Shanghai government. The grant is funded by the Shanghai Science and Technology Committee and the Changning District government. дальше »
2021-1-12 20:58 | |
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LakeBTC Exchange Review 2021 – Legit Place to Buy Crypto?
LakeBTC is a Shanghai based crypto exchange, owned by a British Virgin Island registered company Lake Investments Limited. The name “LakeBTC” stems as an abbreviation of “Lake Banking Technology Company”, which is the official name of their project. дальше »
2021-1-11 19:45 | |
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Bitcoin Logs New Record High Above $37,800—Time to Sell?
Traders piled deeper into the Bitcoin market in the early Asian session Thursday, betting on a big hike in sovereign spending under a Democratic-controlled Senate. The BTC/USD exchange rate, one of the leading instruments by volume in the cryptocurrency space, surged to its record high of $37,810 by Shanghai noon. дальше »
2021-1-7 08:30 | |
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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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Suzhou Becomes the Latest City in China to Introduce Digital Yuan
According to reports from BTC in China, the city, just to the west of Shanghai, will be the second to roll out what’s being called a “red envelope” trial for the forthcoming digital yuan. Plans for Suzhou come on the heels of a pilot scheme run in Shenzhen last month. дальше »
2020-11-24 16:34 | |
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TitanSwap is Awarded the Most Noteworthy DEX of 2020, Will the Value of TITAN Rocket to the Moon?
On October 25, the 2020 blockchain annual ceremony and the “Star Power” award ceremony organized by Bolian Finance, a famous blockchain media, was held in the Bund of Shanghai. Over 500 blockchain industry leaders participated in the activity and conducted hot discussion and in-depth dialogue. дальше »
2020-10-28 12:02 | |
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VeChain, Renji Hospital and DNV GL Held Strategic Partnership Signing Ceremony To Launch World’s First Blockchain Intelligent Tumor Treatment Center
In partnership with VeChain and DNV GL, Renji Hospital, a top-ranked hospital in China affiliated with the Shanghai Jiaotong University School of Medicine, has announced... дальше »
2020-10-27 06:18 | |
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Alibaba Founder Jack Ma: Digital Currencies are the Future of Financial System
Alibaba Group founder Jack Ma talked about digital currencies, potentially playing an important role in building the financial system of the future. Ma at the Bund Summit in Shanghai said, “Digital currency could create value, and we should think about how to establish a new type of financial system through digital currency. дальше »
2020-10-26 19:28 | |
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TSLA Stock Up, Tesla to Cut Starting Price of Its China-Made Model 3 By 8%
Coinspeaker TSLA Stock Up, Tesla to Cut Starting Price of Its China-Made Model 3 By 8%Previously, the starting price for Model 3 sedans produced at Tesla’s Shanghai factory with a standard driving range was 271,550 yuan. дальше »
2020-10-1 15:32 | |
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Ant Group Launches Blockchain-Powered Cross-border Trade Settlement Platform ‘Trusple’
Ant Group, owner of mobile payment app Alipay, launched a blockchain-powered platform for cross-border trade settlements this week. The move came ahead of its IPO, which it plans to list in Hong Kong and on Shanghai's STAR Market next month simultaneously. дальше »
2020-9-27 18:32 | |
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EV Maker WM Motor Raises $1.47B in Series D Funding
Coinspeaker EV Maker WM Motor Raises $1.47B in Series D FundingWM Motor is reportedly planning to file for a listing on Shanghai’s Nasdaq-style STAR Market in early 2021.EV Maker WM Motor Raises $1.47B in Series D Funding дальше »
2020-9-23 16:00 | |
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Tesla to Begin Shipping Shanghai Made Cars as TSLA Stock Sees Massive Rebound, Up 3.61% Now
Coinspeaker Tesla to Begin Shipping Shanghai Made Cars as TSLA Stock Sees Massive Rebound, Up 3. 61% NowThe shares price of Tesla (TSLA) has been fluctuating since the stock split. However, today in the pre-market the stock is up amid the news from Tesla Shanghai Gigafactory. дальше »
2020-9-12 16:47 | |
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Jack Ma’s Ant Group Files for Big Dual IPO in Hong Kong and Shanghai
Coinspeaker Jack Ma’s Ant Group Files for Big Dual IPO in Hong Kong and ShanghaiCICC, Citigroup, JPMorgan, and Morgan Stanley will be advisers on the Hong Kong Ant Group's listing plan, while CICC and CSC Financial will underwrite the Shanghai leg of the IPO. дальше »
2020-8-26 00:36 | |
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Shanghai Gas Moves Into the Second Phase of Their Project With VeChain (VET)
Four months after announcing their partnership, the VeChain Foundation, and Shanghai Gas (Group) Co. Ltd, have entered the second phase of the energy giant’s digitization drive. This is as per reports on Aug 9 where Chinese media outlets revealed that the present objective is to check the feasibility of the VeChainThor integration. дальше »
2020-8-10 21:00 | |
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Major Chinese Banks Bar Customers From Buying Gold, Precious Metals
Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors. дальше »
2020-8-1 22:15 | |
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Ant Financial Plans Dual IPO Listing at Shanghai and Hong Kong Stock Exchanges
Coinspeaker Ant Financial Plans Dual IPO Listing at Shanghai and Hong Kong Stock ExchangesThe Ant Financial management believes that their move to go for an IPO and become a public company will enhance transparency to their stakeholders. дальше »
2020-7-21 14:46 | |
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InterContinental Shanghai Embraces VeChain and DNV GL’s Infection Risk Management Solution
InterContinental, a 5-Star heritage hotel located in the heart of Singapore’s cultural district of Bugis, has adopted VeChain ToolChain-powered My Care infection risk management solution at one of its branches in Shanghai, reports local media outlet Guangming Daily, July 13, 2020. дальше »
2020-7-14 21:00 | |
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This Eerie Shanghai Composite Fractal Predicts Bitcoin Will Surge Past $10k
Bitcoin was once branded as an asset that was uncorrelated from the rest of the financial markets. Look no further than a survey of institutional investors by Fidelity Investments. It found that a good portion of this group want to buy cryptocurrencies because they are a valuable portfolio diversifier that is uncorrelated. Yet this has […] дальше »
2020-7-11 10:22 | |
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The S&P 500 Just Formed a Crucial Breakdown — and Bitcoin May Follow
Leading Bitcoin higher, global stock markets saw an extremely strong performance on Monday. As covered by NewsBTC, the Shanghai Composite index and the FTSE China A50 index both set new all-time highs on a 6% surge. дальше »
2020-7-8 06:00 | |
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Will the Chinese Stock Market Surge Impact Crypto?
Monday saw the most significant one-day jump in the Shanghai Composite in five years. It closed up 5. 7%, the most since the last bull market of 2015. Leading the charge are Chinese financial stocks, which were amongst the best performers on the trading floors in Hong Kong and Shanghai. дальше »
2020-7-7 22:40 | |
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VeChain (VET) to Deliver Keynote at World AI Conference 2020 Organized by the Shanghai Municipal Government
Supply chain-focused blockchain project VeChain (VET) will deliver keynote at the World Artificial Intelligence Conference (WAIC) 2020 organized by the Shanghai Municipal People’s Government from July 9-11. дальше »
2020-7-5 19:07 | |
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Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO
Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan Creative to build a new crypto miner. дальше »
2020-6-2 01:35 | |
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Disney (DIS) Stock Down 1%, Shanghai Disneyland Reopened after Coronavirus Closedown
Coinspeaker Disney (DIS) Stock Down 1%, Shanghai Disneyland Reopened after Coronavirus ClosedownShanghai Disneyland has reopened after China declared reopening its economy after the pandemic. дальше »
2020-5-12 11:38 | |
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Chinese Court Rules Bitcoin Is Asset Protected by Law
A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. дальше »
2020-5-10 23:05 | |
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Walt Disney (DIS) Stock Rises 2% as Shanghai Theme Park Is Set to Reopen
Coinspeaker Walt Disney (DIS) Stock Rises 2% as Shanghai Theme Park Is Set to ReopenWalt Disney (DIS) stock is reacting to the company's plans to open its Shanghai park. Now the stock is trading around 2% up from teh previous close. дальше »
2020-5-9 20:50 | |
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Tesla, SIPG, Cosco Trial Blockchain Technology to Streamline Cargo Shipment
According to April 7, 2020, report by Splash 247, software firm CargoSmart, in partnership with Cosco, Shanghai International Port Group (SIPG), and Tesla recently conducted a pilot project to test a new application that could transform the cargo release process via blockchain technology. дальше »
2020-4-8 19:00 | |
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