2019-8-30 03:55 |
The upcoming China CBDC will be available to users without bank accounts, says Binance Research
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China’s Government and Central Bank just can’t seem to align on the proposed central bank digital currency (CBDC). On Tuesday, government-supported tabloid, Global Times, reported that the Central Bank called speculation on an upcoming launch ‘inaccurate speculation’.
2019-8-29 14:00 | |
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The Dow and broader U. S. stock market traded in positive territory on Friday, as investors turned their attention to an upcoming meeting between President Trump and China’s Xi Jinping, The meeting, which is scheduled for Saturday in Japan, wraps up a highly volatile quarter that required central-bank intervention to ease pressure off the stock market.
2019-6-29 22:10 | |
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Coinspeaker The U. S. and China Trade War Could End Positively After The G-20 SummitTreasury secretary Steven Mnuchin states that the U. S. and China were close to making a deal in the ongoing trade war.
2019-6-27 10:06 | |
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By CCN: The Dow sped toward a fabulous recovery on Tuesday after the Chinese government appeared to make a stunning reversal to its suddenly-hostile trade war strategy, reigniting hopes that Donald Trump and Xi Jinping will shake hands on a trade agreement at the upcoming G-20 summit.
2019-6-4 16:37 | |
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Nintendo is preparing to offer up its next mobile game, and rumor has it the company is hoping this one will be a gold mine. Given the franchise it’s from — and what Nintendo has done adapting its less well-known series — it probably will be.
2019-4-25 20:11 | |
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With bitcoin’s recent surge to a five-month high, Zhao Dong, a bitcoin billionaire and one of China’s biggest over-the-counter (OTC) traders, recently claimed on Weibo that the sudden jump in bitcoin price does not mark the end of the bear market and that the original cryptocurrency will continue trading in a range likely between $4,000 and $6,000 for a few more months.
2019-4-9 20:21 | |
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The Dow and wider U. S. stock market finished strong on Tuesday, as investors shifted their focus to a fresh round of China trade negotiations set to begin later in the week. The sensitivity of the upcoming negotiations didn’t prevent the United States from sailing two ships through the Taiwan Strait this weekend, in an operation that the Trump administration says will become more routine moving forward.
2019-3-27 22:14 | |
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The Dow Jones and the rest of the U. S. stock market are expected to initiate strong rallies in the upcoming weeks as the confidence of investors in the prospect of a comprehensive deal between the U.
2019-2-24 19:25 | |
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According to an exclusive Reuters report, the U. S. and China are moving rapidly to establish a comprehensive trade deal, a move that could fuel the rally of the Dow Jones to continue on across the upcoming months.
2019-2-22 22:14 | |
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The U. S. stock market is seemingly in an ideal position to maintain its newly found momentum and extend its short-term rally throughout the upcoming months. The trade deal with China, which is widely considered to be the core catalyst of the U.
2019-2-19 17:42 | |
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China’s central and largest bank by market capitalization has officially banned all security token offerings (STO) and any related investment and businesses involved in the practice. STOs Face Government Wrath As reported by the South China Morning Post on Dec.
2018-12-12 02:45 | |
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HTC has been teasing images of its upcoming blockchain-powered Android smartphone – the Exodus 1 – for months now, but we might have to wait a little longer to see how it actually performs in the real world.
2018-11-20 15:52 | |
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VeChain, a supply chain-oriented blockchain, demonstrated several upcoming blockchain solutions this week. Key figures from VeChain and its partners attended the China International Import Expo this week, which ran between November 5th and 10th.
2018-11-11 18:35 | |
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An independent researcher from the People’s Bank of China (PBoC) argued that China must increase its research efforts in the stablecoin space and support upcoming companies that are exploring a yuan-pegged cryptocurrency.
2018-10-12 16:00 | |
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You don’t need to be an agriculture expert to see the writing on the wall. Current farming methods just aren’t working anymore for most farmers of the world. There are 2 billion smallholder farms managing fewer than five acres (PDF).
2018-10-9 20:10 | |
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Bitmain, the Bitcoin mining behemoth, is now reportedly valued at $12 billion. This new valuation comes after the company closed a $400 million Series B funding round. Bitmain, which controls a major chunk of the Bitcoin mining hashrate, is also set to invest in the upcoming Opera browser IPO.
2018-7-7 15:00 | |
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Baidu has been dubbed as the new Google for the China market, is soon going to be launching some rewards and also announce the new layout for the blockchain project they have in store, called the Totem.
2018-7-6 09:19 | |
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The DataBroker DAO platform has been on a roadshow in China since June 12, 2018. Amidst that backdrop, the team has extended the closing date of its token sale to June 30, 2018. According to research results, China has the largest market for IoT sensor data and hardware.
2018-6-21 14:57 | |
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| Analogue Notcoin - TapSwap |
The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan.
A shift in the digital currency environment may occur due to Russia's latest decision to utilize the Chinese yuan instead of the U.S. dollar in trade settlements with nations in Asia, Africa, and South America.
Recent events in China indicate the country’s paradigm shift concerning digital currency. The digital yuan (e-CNY) is gradually forming a significant part of the Chinese currency through its rapid development.
The 13.61 billion e-CNY represented roughly 0.13% of the 10.47 trillion yuan in circulation at the end of 2022.
Amid the ongoing global CBDCs adoption, China proposes an Asian-wide digital currency to reduce the continent’s economic reliance on the US dollar. USD is unquestionably the most widely used international currency.
PBoC deputy governor Fan Yifei said expanding e-CNY trials to the provinces of Guangdong, Jiangsu, Hebei and Sichuan would happen "at a proper time."
In contrast to many other nations, China has adhered strictly to a zero-COVID policy, resulting in the repeated shutdown and closure of non-essential enterprises in key financial centres such as Shanghai.