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Bitcoin’s value proposition bolstered as China sees sudden bank run

For much of Bitcoin’s 11-year lifespan, it has been laughed off as nothing more than an experiment— a worthless form of “magical internet money” for those on the fringe. But, according to a number of industry commentators, the cryptocurrency’s value proposition was just bolstered with news that a Chinese bank has been subject to what […] The post Bitcoin’s value proposition bolstered as China sees sudden bank run appeared first on CryptoSlate. дальше »

2019-11-3 01:57


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23 Central Banks Divulge Their Digital Currency Requirements

Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their greatest concerns about implementing them. дальше »

2019-11-2 17:18


Чанпэн Чжао: слухи о легализации бирж в Китае не соответствуют действительности

По словам главы биржи Binance Чанпэна Чжао, гуляющий по сети документ о якобы легализации бирж в КНР — вовсе не лицензия Народного банка Китая, а простое свидетельство о регистрации бизнеса. Let’s put this to bed. дальше »

2019-11-3 16:37


China’s “Over-Obsessive Control” is the Main Motivation for Its DCEP Digital Currency Initiative

After five to six years of research, China’s central bank revealed few specifics of its Digital Currency Electronic Payment (DCEP) project while a Chinese official finally stated that the People's Bank of China (PBoC) is likely to be the world’s first central bank to launch a digital currency. Digital Currency Electronic Payment will be powered […] дальше »

2019-11-2 22:24


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More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars

Despite the long-standing ban on Bitcoin trading, China continues to be a breeding ground for cryptocurrency mining operations — statistically speaking. As BeInCrypto has previously covered, Chinese Bitcoin miners dominate an estimated 65 percent of the total network hashrate — with others, including the United States and Russia, lagging far behind with roughly five percent […] The post More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars appeared first on BeInCrypto. дальше »

2019-11-1 21:29


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Bitcoin’s Death Cross Fears Are Overblown, According to Analyst

The recent Bitcoin surge that caused the price to increase by roughly 40 percent in 16 hours has left investors and traders searching for answers as to why this happened. While there might not be a clear answer, possible options include the recent wave of positive news from China, the CME gap, and the performance […] The post Bitcoin’s Death Cross Fears Are Overblown, According to Analyst appeared first on BeInCrypto. дальше »

2019-11-1 19:08


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200+ German Banks Unite to Propose a Pan-Continental Digital Euro

China may have the early mover’s advantage in the race to launch the first national digital currency, but it seems other major global players are in no mood to be left far behind. The Association of German Banks (Bankenverband) released a paper yesterday explicitly stating that the Eurozone economy will benefit from a ‘programmable digital […] The post 200+ German Banks Unite to Propose a Pan-Continental Digital Euro appeared first on BeInCrypto. дальше »

2019-11-1 18:09