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China: People’s Daily Gives Blockchain Project VeChain (VET) a Mention

VeChain, a Singapore-based blockchain project was directly mentioned in China’s major newspaper, People’s Daily, a move that could fuel the adoption of the platform in China, as the country has now renewed its interest in distributed ledger technology and crypto, following President Xi Jinping’s recent bullish statement on distributed ledger technology (DLT). дальше »

2019-11-14 22:00


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World’s Largest Army Could Be Rewarded in Crypto Soon

A few weeks after Chinese President Xi Jinping praised blockchain, a local military newspaper hinted that Chinese soldiers could be rewarded in crypto for their loyalty and good performance. Chinese Soldiers Might Get Rewards in Crypto The South China Morning Post cited PLA Daily, the official newspaper of the People’s Liberation Army, as saying that the Chinese army would drive innovation by implementing blockchain. дальше »

2019-11-14 15:51


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Central Bank Cryptocurrencies Are Pointless, Says Ex-Federal Reserve Chairman

The perceived inevitability of central bank-issued digital currencies on a global scale has been a hot topic of discussion for a while now. With China reportedly going ever so close to releasing the world’s first nationalized digital currency, central banks in most major economies are under immense pressure to follow suit — or at least […] The post Central Bank Cryptocurrencies Are Pointless, Says Ex-Federal Reserve Chairman appeared first on BeInCrypto. дальше »

2019-11-14 11:44


Despite ‘Fraudulent’ Launch Reports, China’s Central Bank Is Still Researching CBDC’s

Despite having a longtime ban against cryptocurrency, the People’s Bank of China recently decided to research the use of digital currency for themselves. While there have been multiple news reports stating that the central bank has already issued digital currency, the PBoC has stated that the claims are “fraudulent.” Instead, the official statement from the […] дальше »

2019-11-14 23:14


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Former U.S. Fed Chairman Alan Greenspan Discusses Digital Currencies and Libra

Alan Greenspan, the second longest-serving chairman of the Federal Reserve, has denounced sovereign digital currencies as pointless at an economic conference in China. According to CNBC, Greenspan also criticized Facebook by claiming that the sovereign credit of the United States was stronger than anything Facebook could create or imagine, November 12, 2019. дальше »

2019-11-13 18:00


China’s Central Bank Digital Currency (CBDC) Will Launch In Next 60-90 Days Per HCM Capital Exec

Jack Lee, the founding partner of HCM Capital, has recently affirmed that the central bank digital currency (CBDC) of China is being created and is expected to be launched in the next few months. According to a recent interview with CNBC, Lee said that the central bank of China will use the new digital currency […] дальше »

2019-11-12 03:00