Senior Japanese official fears China being ‘first-mover’ in digital currency
China might gain control over global CBDC standards, a Japanese official warns. Go to Source Powered by WPeMatico
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New Bitcoin addresses hit two-year high after China advertises crypto
Data shows 22,000 new entities created in a single day as one analyst suggests the added volume will translate to price gains. Go to Source Powered by WPeMatico
After Banning ICOs China’s Defi Ecosystem Grows Exponential This Year
The decentralized finance (defi) ecosystem has become a multi-billion dollar industry and quite a bit of the popularity is stemming from China. While a number of defi projects from the West like Uniswap, Compound, and Makerdao are popular in the country, China is also creating its own landscape of defi platforms and applications. At the … Read more
Emerging technologies can change the African financial landscape
The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa. Go to Source Powered by WPeMatico
Cashless future ahead? Utopian digital dream with dystopian inequality
A society without paper money might be a less equitable society. Those lacking digital connectivity would suffer. Go to Source Powered by WPeMatico
Shenzhen’s stock exchange is preparing to launch Blockchain-powered trades
Chinese exchanges are becoming increasingly blockchain-friendly Go to Source Powered by WPeMatico
Blockchain patent filing rose significantly in China after Xi Jinping’s 2019 endorsement
Chinese companies are angling to overtake the United States in blockchain adoption. Go to Source Powered by WPeMatico
Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand
Ebang International Holdings Inc., the Chinese maker of bitcoin mining hardware, reported a net loss of $6.96 million during the first six months of this year, down from $19.07 million a year ago, as demand fell due to the coronavirus pandemic. Revenue plunged 51% to $11.04 million from $22.35 million previously, said the company in … Read more
DeFi hype has just begun says Neo founder
DeFi is the word on everybody’s lips. Go to Source Powered by WPeMatico
China’s Ant Group launches cross-border trade platform to support SMEs
Trusple platform promises to apply blockchain, AI and IoT technology to streamline cross-border trading processes for SMEs. Go to Source Powered by WPeMatico