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Bitcoin mining rig deliveries from China are delayed due to the coronavirus according to a few Chinese manufacturers. Microbt and Ebang sent notices to customers via the firm’s Wechat channels. Sources say Bitmain and Innosilicon are delaying mining device shipments as well. Also read: How to Obscure Bitcoin Cash Transaction Data by Leveraging Cashfusion Microbt … Read more
Tech giant IBM says blockchain can help enterprises manage casual work contract reconciliation Go to Source Powered by WPeMatico
China attempts to buoy markets with 1.2 trillion yuan as markets fall and analysts closely watch Bitcoin’s reaction Go to Source Powered by WPeMatico
With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan indicate its main purpose will be to substitute … Read more
China, South Korea or India: Who will replace the U.S. as the world’s tech leader? Go to Source Powered by WPeMatico
India’s National Strategy on Blockchain has been published. It recommends, among other things, for the Reserve Bank of India (RBI) to issue a central bank digital currency. The Ministry of Electronics and Information Technology tasked the National Institute for Smart Government with drafting this national policy. Also read: Regulatory Roundup — New US Crypto Tax … Read more
A new report from Deutsche Bank Research, Digital Currencies: the Ultimate Hard Power Tool, predicts that cash payments will remain for decades, but the emergence of digital payments “will lead to the death of the plastic card.” The report, which is the third installment in a series on payments by the group, points to economies … Read more
Bitcoin’s weekly gains will not see constant support from coronavirus uncertainty, trader says Go to Source Powered by WPeMatico
Cash is unlikely to disappear anytime soon despite the decline of its use as a payment method and the surge of digital currencies, Germany’s largest bank believes Go to Source Powered by WPeMatico
China’s Bitcoin trading volumes hit a two-year low despite president’s call to open doors to blockchain technology Go to Source Powered by WPeMatico