2021-1-16 14:49 |
China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN. origin »
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China’s central bank and the Hong Kong Monetary Authority (HKMA) are gearing up to conduct a pilot test of the e-yuan central bank digital currency (CBDC) system. The move further broadens the scope of the digital currency electronic payment (DCEP) with plans to introduce the currency in Macau as well.
2020-12-7 18:00 | |
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An in-depth analysis of China's digital yuan project reveals more similarities to crypto than you might think. Upshot: seismic disruption to the financial system.
2020-10-16 18:01 | |
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China has announced a successful trial of the e-yuan which they call the Digital Currency Electronic Payments (DCEP) system. It is being called a contender to bitcoin, but there is...
2020-10-13 15:23 | |
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Chris Larsen said China's "itching" to be the one that designs the next financial system and that the U.S. is "woefully behind."
2020-10-12 18:56 | |
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The importance of this current week has been fairly downplayed. Years down the line, the global payments system might look back at this particular period and suggest that this is where it all started.
2020-9-26 23:30 | |
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China should aim at becoming the first country to issue digital currency as part of its efforts to internationalize the yuan and lessen its over-dependence on the world’s dollar-dominated payment system, the People’s Bank of China (Chinese central bank) said.
2020-9-22 19:38 | |
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Coinspeaker PBOC Argues that China Needs to Be Leader in National Digital Currency Space to Shake Global Dollar DependencyNow China needs to establish a new payment system network to support its digital currency growth.
2020-9-21 15:14 | |
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VeChain has joined the China Animal Health and Food Safety Alliance (CAFA) as one of its council members and will be providing them technical and infrastructural support. The enterprise friendly public blockchain platform, VeChain will help in “building a from-farm-to-table traceability system across the entire country.
2020-9-19 20:59 | |
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Blockchain firm CyberVein is set to deploy a blockchain-based governance system at a new aerospace center established in China. A Promising Collaboration CyberVein revealed in a medium post on September 8, 2020 that it had partnered with the regional government of Hainan Province of China for the development of a project called “Wenchang International AerospaceRead MoreRead More.
2020-9-10 01:00 | |
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Blockchain firm CyberVein is partnering with the Chinese government to build a blockchain-powered governance system for its aerospace ‘smart city.’
2020-9-8 06:54 | |
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China’s central bank has denied rumors of its planned digital currency electronic payment (DCEP) system being used for large value transactions. The People’s Bank of China (PBoC), is currently coordinating central bank digital currency (CBDC) trials across several cities in the country.
2020-8-25 19:22 | |
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For investors, Hong Kong has long served as the global financial system’s friendly intermediary with China. But after a year of social upheaval, the Chinese Government has imposed a comprehensive new national security law that would reportedly grant it “semi-autonomy” until 2048.
2020-8-11 16:40 | |
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China is dedicated to becoming the first country to roll out a central bank digital currency (CBDC). Its Digital Currency Electronic Payment (DCEP) system aims to replace all physical currency in the country, including coinage.
2020-8-5 19:05 | |
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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.
2020-7-30 12:29 | |
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The Beijing Municipal Government has announced a new blockchain pilot for stock registration and custody. The distributed ledger technology (DLT) system will be used by the Beijing Equity Exchange Center which is under the purview of the China Securities Regulatory Commission, according to a press release on July 21, 2020.
2020-7-24 18:00 | |
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China’s inbound central bank digital currency will see its very first real-world test on DiDi, the ride-hailing behemoth that deemed as the Chinese version of Uber. DiDi will trial digital yuan as a payment system on its mobile transportation platform.
2020-7-9 23:16 | |
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China has been aggressively promoting and incorporating blockchain in various private and government sectors. Now, the judiciary system is utilizing blockchain technology where Chinese courts are going to use blockchain-based e-sealing services to protect properties from being damaged.
2020-7-8 20:44 | |
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The Binance China Blockchain Institute has partnered with a state-level enterprise to jointly develop new digital infrastructure for small and medium enterprises in the country.
2020-7-4 14:07 | |
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After three years of development, the Cambodian national digital currency may be out later this month, according to a recently released whitepaper. The permissioned blockchain-based payments system differs from the central bank digital currencies, also known as CBDCs, being offered by several states, including China and Russia, the paper states.
2020-6-22 21:04 | |
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A recent report from a Chinese source shows a photo of a Tesla 3 car burning after a crash. The report says the accident happened due to crucial technical issues
2020-6-18 15:40 | |
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China’s DCEP may cause little disruption in the country’s present financial system and still... The post The Digital Yuan will integrate easily with digital payment options like Alipay and Wechat, claims Glen Woo appeared first on Coin Journal.
2020-6-15 14:31 | |
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NPC, China’s parliament suggests a government backed blockchain development fund to build a better governance system.
2020-5-26 23:25 | |
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China is on the brink of launching its digital yuan for commercial use as the government has already started the pilot run a couple of weeks ago. During the pilot run of the digital yuan or the DC/EP system, the government employees of 4 major cities were given digital yuan in the form of travel […]
2020-5-7 19:28 | |
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The Central Bank Digital Currency has been introduced by many nations across the world. China's CBDC, also known as Digital Currency/Electronic Payment [DCEP], was announced to be launched in 2020 andThe post China's DCEP might be a tiered system with financial intermediaries appeared first on AMBCrypto.
2020-4-20 15:00 | |
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IOST’s Blockchain as a Service (BaaS) platform announced on March 20, 2020, that it has strengthened its relationship with AWS China, the global leading cloud computing platform. Amazon Sponsors IOST IOST, a China-based enterprise-level blockchain system, had already announced its launch on the Amazon Web Service (AWS) marketplace last year.
2020-3-21 18:00 | |
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The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank.
2020-2-18 08:10 | |
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Reports of more than 80 digital payments-related patents filed by the People’s Bank of China (PBOC) is offering concrete proof of the country’s moves to launch a CBDC. China Serious About CBDC Issuance According to the Financial Times, China’s central bank has filed 84 patents relating to its plans to launch a digital currency electronic payments DCEP system.
2020-2-13 22:30 | |
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While economies all over the world are functioning at a slower pace, central banks are trying to prevent a collapse by flooding more money into their markets, with China injecting the entire Bitcoin (BTC) market cap into the system.
2020-2-3 19:36 | |
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There is no denying that the economies of the world are slowing down. In order to prevent a complete collapse, central banks are flooding their markets with more money, and China has just injected the entire bitcoin market cap into its system.
2020-2-3 13:00 | |
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Following President Xi Jinping’s decision to embrace blockchain technology, different federal agencies within China stepped forward to abide by the new order. Now, several industry experts held a seminar to create an elaborate digital system of governance.
2020-1-23 01:00 | |
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The Chinese government of today is known for several things, but perhaps one of the most prominent will be its consistent efforts to keep control of its people. By launching several initiatives, Beijing has gone well out of its way to ensure that it has its eyes all over the country.
2020-1-15 09:14 | |
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Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming changes in the country’s financial system.
2020-1-14 05:30 | |
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Nervos is giving out $30 million in grants to projects that are committed to building a decentralized community on an open-source blockchain. A Base for Development Nervos Network, a blockchain project based out of China, is preparing to fund internal blockchain development through a grant system.
2020-1-10 07:41 | |
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Matthew Graham is the CEO of Sino Global Capital, a team of Beijing-based investment bankers. China sees blockchain as a key strategic technology pillar critical to the next decade of growth. As it prepares to deploy a state-issued digital currency or DCEP (Digital Currency / Electronic Payment) China has a unique opportunity to take control of its monetary system.
2020-1-8 22:55 | |
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2019 in the cryptocurrency space was pretty much all about Bakkt, Bitcoin's price, Facebook's Libra, and China's state-backed digital currency. While China has been up-and-running in terms of planningThe post China's DCEP could be 'better way to circumvent current financial system' appeared first on AMBCrypto.
2020-1-3 18:30 | |
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The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.
2020-1-2 11:01 | |
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No country has a stiffer policy on blockchain than China, so the country’s latest issuance of bonds on its decentralized system raises eyebrows
2019-12-24 06:30 | |
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One of China’s largest banks has just issued a 20B yuan bond using its blockchain bond issuance system. It is the first time this system has been put to use. A leading bank in China has just used its blockchain bond issuing system for the first time.
2019-12-9 19:37 | |
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People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to create a testing ground with the aid of major Chinese companies and banks.
2019-12-9 12:16 | |
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Towards the end of October, China's Xi Jinping shook the crypto-space after he publicly came out in support of blockchain. The implications of this announcement were significant, with many cryptocurreThe post Blockchain will change the system of digital finance, claims Chinese official appeared first on AMBCrypto.
2019-12-2 22:30 | |
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China’s Yingkou Coastal Bank was forced to stack yuan behind the counter recently as it struggled to meet withdrawal demands. This is a problem that China has faced multiple times in the past month throughout the country.
2019-11-29 18:15 | |
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A stimulated wargame held by previously high-ranking officials in the United States government has revealed what could be a North Korean missile takeover through China’s digital currency. The meeting held at Harvard Kennedy School projected a few years into the crypto space and highlighted the looming danger on the dollar’s dominance. The attendees stimulated a […]
2019-11-21 18:42 | |
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Mu Changchun, the Deputy Director of the People’s Bank of China (PBoC) has taken to De Dao, a popular Chinese education app to enlighten the masses on cryptocurrencies, including Facebook’s Libra altcoin and China’s Digital Currency Electronic Payment (DCEP) system, reports Forkast on November 18, 2019.
2019-11-18 20:00 | |
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Blockchain may be implemented by China’s military to underpin a new rewards scheme for its personnel
2019-11-18 13:39 | |
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They said blockchain would bring freedom by challenging world governments and greedy financial institutions. But what if blockchain is the ideal tool to enable totalitarianism? What if China Moves its Social Credit System to Blockchain? A few weeks ago, Chinese President Xi Jinping surprised the world by calling blockchain an important breakthrough, and announcing extra funding for the technology.
2019-11-15 21:00 | |
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VeChain has been on a rampage surging nearly 185 percent in the last 22 days. The spike appears to be correlated with rumors that link the company with China’s launch of a nationwide vaccine tracking system.
2019-11-16 18:45 | |
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Cryptocurrencies might be the avenue to eliminate the dollar’s popularity; BRICS member countries discussed designing a digital currency in their latest summit. According to RBC, a Russian news outlet, the BRICS member states are considering a common payment settlement system.
2019-11-15 16:35 | |
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On the eve of Halloween, the Bitcoin whitepaper turned 11 years old. Quite how a once flippantly ridiculed cypherpunk's curio journeyed to spook the establishment into embarking on a digital reformation of the monetary system is beyond bewildering.
2019-11-10 18:47 | |
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Three partnering institutes in Shijiazhuang, China have published an independent ID system for the country’s future smart cities. The initiative will be managed, of course, by the government.
2019-11-6 20:10 | |
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Bitcoin Magazine Bitcoin Price Falls to $103,000 As Government Starts to Reopen, Trump Weighs Tariff Checks Bitcoin price dipped below $104,000 after briefly rising above $106,000, as traders weighed Trump’s proposed $2,000 “tariff dividend” stimulus, ongoing government reopening, and key technical levels near $99,000 support and $109,000–$111,000 resistance.
Ethereum Foundation President Aya Miyaguchi sat down with UNICEF innovation unit builder and Giga founder Christopher Fabian and talked about how the UN’s Children Fund came to embrace crypto and the blockchain.
Bill Dudley, the former chief of the New York Fed, warned against holding Bitcoin as a reserve and urged a focus on regulation. Dudley criticized a proposed federal Bitcoin (BTC) reserve championed by Donald Trump during his presidential campaign. In…
Bhutan, the Himalayan kingdom renowned for its happiness index, has seen its Bitcoin holdings surge to over $1 billion as the crypto market rallies. Arkham, in data shared via X on Nov. 11, revealed that the Royal Government of Bhutan’s…
Government-held Bitcoin reserves highlight the significant influence of state actions on crypto markets, potentially shaping future digital finance regulations. The post Bitcoin held by governments near $33 billion mark appeared first on Crypto Briefing.
Bitcoin's inability to surpass $60,000 despite reduced selling pressure from Germany highlights ongoing market volatility and external influences. The post Bitcoin struggles to break key level amid easing selling pressure from German government appeared first on Crypto Briefing.
His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.