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Chinese Banks Should Immediately Embrace Blockchain, Says Top Central Bank Official
Less than a week after President Xi Jinping’s iconic speech on blockchain technology, another top official from the Chinese government has openly endorsed decentralized distributed ledgers as the future of banking and financial institutions. дальше »
2019-10-29 11:07 | |
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Not Initiating in November: Chinese Central Bank Cryptocurrency Launch Denied
The Chinese Central Bank has refuted claims that it is going to instigate its national digital currency in the coming month (November). This is according to The Global Times, which is China's national English language newspaper. дальше »
2019-9-23 19:11 | |
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Spain’s BBVA Freezes Hundreds of Chinese Customer’s Bank Accounts without Warning #BitcoinUserNotAffected
Hundreds of Chinese citizens took to streets of Madrid on Friday, waving Spanish and Chinese flags in protest against BBVA, accusing the bank of blocking their accounts. Spain’s second-largest bank apologized to the Chinese customers who are demanding their accounts to be unlocked. дальше »
2019-2-18 00:14 | |
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JPMorgan & Chase: Only Low-Cost Chinese Bitcoin Miners in Profitable Positions
Analysts at JPMorgan Chase & Co. are claiming that Bitcoin is no longer worth the cost to mine it — and only low-cost Chinese miners are in a winning position. The analysts at the American multinational investment bank and financial services company found that the production-weighted cost per bitcoin averaged just above $4,000 worldwide in Q4 2018. дальше »
2019-1-28 06:00 | |
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Crypto Exchange Huobi Hires Former State Street Compliance Chief to Stay Regulatory Compliant
Last month, Huobi hired former State Street compliance chief Elaine Sun Ye Lin to serve as the global compliance director for the exchange. Sun served as State Street’s head of compliance for its Chinese branch. дальше »
2019-1-15 18:33 | |
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Number of Chinese Crypto Lawsuits Doubles in 2018
According to China Judgements Online, a database of Chinese court documents, half of all lawsuits pertaining to cryptocurrencies were filed last year, highlighting an increase in fraudulent activity despite China’s regulatory crackdown. дальше »
2019-1-5 23:55 | |
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A Chinese Government-Controlled Bitcoin Alternative Is Reportedly in the Works
In the midst of a sino-U. S. trade war, the People’s Bank of China is working to develop its own cryptocurrency prototype. It apparently believes this centralized digital asset can ultimately trump BTC and perhaps even the U. дальше »
2018-12-18 13:55 | |
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China’s Ban May Have Failed as Study Shows There’s Now 7.5 Million Chinese Cryptonians
China’s central bank boasted earlier this year that their probably illegitimate ban of crypto exchanges was very successful, but a new study is showing that the user numbers of cryptonians. . дальше »
2018-12-13 20:26 | |
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China: Cryptocurrency STOs Are Illegal Forms of Fundraising, Violators Will Be “Kicked Out”
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. дальше »
2018-12-12 02:45 | |
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Ex-Chinese Banking Pundit Says Many People Use BTC For Anonymous Transactions
The Chinese government’s involvement in crypto has not been friendly. The authorities there have taken various measures to end crypto. In a recent interview, the former governor of the Chinese central bank spoke about BTC and its influence on bilateral dynamics between US- and China. дальше »
2018-12-8 08:17 | |
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China's Central Bank Wants to Put the Damper Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-5 22:04 | |
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China's Central Bank Wants to Put the Damper on Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-7 22:04 | |
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Shenzhen Court Says Bitcoin Should Be Legally Protected as Property
An arbitration body in China has ruled that despite the country’s central bank’s ban on cryptocurrency trading, bitcoin should still be legally protected as a property with economic values, Shenzhen Court announced on their official WeChat account on October 25, 2018. дальше »
2018-10-28 06:00 | |
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David Chaum on Digital Privacy: “The Cat Is Out of the Bag”
David Chaum, the cryptographer credited with starting the cypherpunk movement in the 1980s and launching eCash, an early form of virtual money in the 1990s, thinks people are taking financial privacy a lot more seriously these days. дальше »
2018-10-24 18:02 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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Chinese Yuan Weakens to Yearly Low Point, Will it Strengthen Bitcoin?
The national currency of China weakened beyond a critical level as political tensions with the US worsened. The yuan dropped below 6. 93 per dollar this week, within a striking range of its January 2017 low, owing to a series of negative factors from weaker equities to a vaguer monetary stance by the People Bank of China. дальше »
2018-10-9 15:32 | |
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Chinese and US Investors Team Up to Create a Global Crypto Investment Fund
The latest crypto investment fund on the block is Dragonfly Ventures, a $100 million traditional venture fund investing only in crypto assets, managed by partners Alexander Pack from Bain Capital Ventures and Bo Feng, founding partner of Ceyuan Ventures. дальше »
2018-10-9 15:30 | |
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Chinese Bank Issues $1.3 Billion Securities via Blockchain Amidst Cryptocurrency Crackdown
Making use of its proprietary blockchain platform, China’s Bank of Communications (BoCom) has issued residential mortgage-backed securities (RMBS) worth 1. 3 billion USD, per a report published by China Money Network, dated September 28, 2018. дальше »
2018-10-1 22:00 | |
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Chinese Central Bank Issues Advisory Against Initial Coin Offering (ICO) as Financial Disruption Model
Chinese Central Bank Issues Advisory Against ICOs After an impressive performance in 2017, ICOs have had it tough since the beginning of 2018. For this reason, the Chinese Central Bank has issued an advisory cautioning investors of the enormous risks that are associated with digital currencies and ICO crowdsale events. In a statement issued from […] дальше »
2018-9-21 18:51 | |
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Chinese Central Bank Issues Another Notice Against ICOs and Crypto Trading
The People’s Bank of China (PBOC) on Tuesday issued another notice to the citizens, urging them to beware of the risks in investing in cryptocurrencies and initial coin offerings (ICOs). The latest public notice comes from the Shanghai branch of the PBOC, which sought to “remind” consumers and investors to be aware of the risks of […] Chinese Central Bank Issues Another Notice Against ICOs and Crypto Trading was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-9-21 23:49 | |
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Cryptocurrency Exchange OKCoin Expands U.S. Offerings with Five New Coins
Following a successful launch in California only a few months ago, the U. S. branch of cryptocurrency exchange OKCoin is adding five new coins to its listings. Those coins include Ripple (XRP), Cardano (ADA), Stellar lumens (XLM), Zcash (ZEC) and 0x (ZRX). дальше »
2018-9-20 16:49 | |
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Hong Kong–Based Blockchain Fund Makes Its Case for Yen-Backed Stablecoin
Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP). дальше »
2018-9-19 00:42 | |
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People’s Bank of China Issues New Warning Against ICOs and Cryptocurrencies
The People’s Bank of China (PBoC) has issued a new warning to citizens regarding investments in initial coin offerings (ICOs) and cryptocurrencies, amidst reports detailing how Chinese citizens were bypassing the cryptocurrency restrictions. дальше »
2018-9-19 00:30 | |
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The Chinese Are still Hungry for Bitcoin. Will They Break the Bank all over again?
Lately we have been trying to predict big finance houses’ arrival into the world of cryptocurrencies, but we are neglecting the equally important factors linked to the current situation in this market, which could rock the boat much earlier than that. дальше »
2018-9-15 22:00 | |
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Chinese Regulators Struggle to Halt Illicit Trading, Exchanges Switching Domain Names
The Chinese cryptocurrency ban is proving to be far more difficult for regulators to enforce than anticipated. The Central Bank of China released a July report announcing the success of the country’s cryptocurrency ban, stating that the influence of the Chinese Yuan on the cryptocurrency market—which previously accounted for 90 percent of global trading volume […] The post Chinese Regulators Struggle to Halt Illicit Trading, Exchanges Switching Domain Names appeared first on CryptoSlate. дальше »
2018-9-10 14:00 | |
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PBoC’s Fintech Research arm to Expand Blockchain Operations beyond Beijing
People’s Bank of China’s (PBoC) research arm, The Digital Currency Research Lab, is set to further its operations beyond the Chinese capital of Beijing. Per a report on September 4, 2018, by the local finance news daily CNStock, the research group is expanding outside Beijing in a bid to accentuate development of emerging financial technologies, including blockchain technology, cryptocurrencies, among...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »
2018-9-7 23:00 | |
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People’s Bank of China Warns Public About Illegal Fundraising and Crypto Scams
As part of a nationwide clampdown against cryptocurrencies, the People’s Bank of China (PBOC) has published a statement urging the public to be sceptical of claims from companies using the term blockchain to promote themselves. дальше »
2018-8-25 22:30 | |
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Chinese Bank Issues Securities Worth $66 Million on a Blockchain
One of the largest privately held commercial banks in China has completed the issuance of securities worth $66 million via blockchain. дальше »
2018-8-21 09:00 | |
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China: Prominent Bank Issues $300,000 Loan Using Blockchain Technology
On July 31, 2018, the Agricultural Bank of China (ABC) revealed it had successfully completed a $300,000 loan using a private blockchain. Loan Issuance Via Blockchain As reported by Chinese outlet Financial News, ABC’s Guizhou bank branch was the facilitator of this development. дальше »
2018-8-2 06:00 | |
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Agricultural Bank of China Uses Blockchain For $300,000 Farm Loan Mortgage Issuance
Agricultural Bank of China Proposes Blockchain Technology for Farming Mortgage Loans According to Chinese news platform, financialnews. com. cn, the country’s largest bank, Agricultural Bank of China (ABC) has invested nearly 2 million yuan into potentially using blockchain technology to better collect and store information. дальше »
2018-8-1 10:01 | |
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Going Live by September Hong Kong’s Blockchain Trade Finance Platform
The Hong Kong Monetary Authority (HKMA), the autonomous Chinese territory’s de facto central bank, is poised to launch a live blockchain trade finance platform within two months. “The Trade Finance Platform is a blockchain project initiated by 7 banks in Hong Kong. дальше »
2018-7-16 20:37 | |
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Hong kong Block chain Finance Trade
Hong Kong’s de facto central bank will launch its own blockchain trade finance solution with 21 banks in August, Financial Times (FT) reported Sunday, July 15. The joint venture between the Hong Kong Monetary Authority and Chinese company Ping An Group’s fintech subsidiary OneConnect aims to substantially reduce paperwork, costs security risks for participants, FT дальше »
2018-7-16 18:36 | |
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$1.5 billion Bitcoin [BTC] fraud caught by Chinese police: World Cup 2018
Recently in the Guangdong city of China, a campaign was held by the Guangdong police against the World Bank online gambling crimes. As announced on the Guangdong Provincial Public Security Department website [in Chinese], during the World Cup, an online gambling fraud of $1. дальше »
2018-7-14 13:28 | |
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China Celebrates Killing Its Bitcoin Exchanges as CNY Volume Falls Under 1%
The People’s Bank of China (PBOC) has declared victory over Bitcoin, stating that the market leader’s trading in its national currency has fallen to less than 1 percent of total global volume. дальше »
2018-7-10 16:00 | |
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PBoC Will 'Crush' Foreign ICOs Targeting Chinese Investors: Official
Pan Gongsheng, a vice governor of the People's Bank of China, has once more issued strong statements on initial coin offerings. дальше »
2018-7-10 14:30 | |
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Chinese central bank seals about killing Bitcoin business in China – BGR
China was one of the most important markets to impose strict rules related to Bitcoin and cryptocurrencies, including a ban on trading the most popular coin in the world. It now looks like China may have helped decimate Bitcoin, and the country seems pretty happy with itself. дальше »
2018-7-10 12:12 | |
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Chinese Yuan Now Accounts for Less Than 1% of Bitcoin Trades, Says PBoC Report
Report: China’s central bank says the yuan now accounts for less than 1% of global Bitcoin trades, down from over 90% prior to the country’s crypto
дальше »2018-7-9 21:20 | |
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Bitcoin trading in the Chinese currency
The number of Bitcoin trading operations in the Chinese currency has fallen from a peak of more than 90% to less than 1 % of the world’s total. According to the People’s Bank of China, the trading of Bitcoin with the Chinese national currency, renminbi, has dramatically fallen. Though at its peak, more than 90 дальше »
2018-7-9 20:13 | |
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China’s Central Bank Hails Crypto Ban a Huge Success
The Central Bank of China is calling the country’s crypto ban a huge success as recent data shows that the Chinese Yuan is currently being used in less than 1% of crypto-trades. Chinese Crypto Ban Huge Success The Chinese crypto market once dominated the space, accounting for 90% of all global trades according to a. дальше »
2018-7-9 14:00 | |
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PBoC: Bitcoin Trading in Renminbi Drops Below 1% Global Total
Economy & Regulation Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. In September, 2017, Beijing authorities дальше »
2018-7-9 00:05 | |
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