China and UK’s Planned Digital Currencies Appear to Have Little in Common
Recent analysis shows that not all central bank digital currencies will be similar in their function or purpose Go to Source Powered by WPeMatico
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China Is Drafting Laws for the Circulation of National Digital Currency
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what the digital yuan will be like. Also read: 2x Bitcoin — Wanna Double Your … Read more
Coronavirus Crisis Won’t Delay China’s Blockchain Network Launch
China is one of the first countries to seemingly recover from the coronavirus crisis. In fact, it would appear that the national blockchain network launch will still go ahead as planned, which is rather surprising. China has made its blockchain ambitions very clear in recent months. China’s Blockchain Project is Still Alive The country will … Read more
World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with a shrinking asset base. Also read: US Cash Crisis: Withdrawal … Read more
Turning A Crisis Into An Opportunity, China Gets One Step Closer to CBDC
China is getting one step closer to a digital Yuan as the central bank has completed the CBDC basic function development Go to Source Powered by WPeMatico
MakerDAO’s Gustav Arentoft: Decentralization Is Not a Binary Choice
MakerDAO expanding to South East Asia: “When we started talking with them, we had 10 or 20,000 people on the platform. Now, before we have even launched, we had more than 600,000 people pass through KYC” Go to Source Powered by WPeMatico
Alipay Patents Reveal More Details About China’s Forthcoming CBDC
A series of patents published by Alipay give more details of how China’s CBDC will work Go to Source Powered by WPeMatico
Over 172 Million Weibo Users Personal Data Is For Sale on Dark Web
Chinese social media giant Weibo sees massive data breach, with data from millions of user accounts for sale for Bitcoin on the dark web Go to Source Powered by WPeMatico
Blockchain Salaries in China Dropped 37% in 2019: Report
Salaries offered to blockchain professionals in China dropped 37% in 2019, according to a new report issued under the guidance of Tsinghua University Go to Source Powered by WPeMatico
Report: ICO Fundraising Plummeted 95% Year-Over-Year in 2019
While ICO fundraising fell 95% from $7.8 billion in 2018 to $371 million last year, equity fundraising is thriving among crypto startups Go to Source Powered by WPeMatico