33,000 Companies in China Claim to Use Blockchain Technology

33,000 Companies in China Claim to Use Blockchain TechnologyChina now has more than 33,000 registered companies claiming to use blockchain technology in their businesses, according to the country’s Center for Information and Industry Development. The information was released at a recent blockchain conference hosted by a Chinese municipal government and several state-backed research institutes. Also read: Regs Roundup – China Blockchain ETF, New […]

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Stablecoins Are Crypto’s Version of Fractional Reserve Banking

Stablecoins Are Crypto's Version of Fractional Reserve BankingStablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price manipulation being hotly contested. More important to dive into, however, […]

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