China’s Nationwide Blockchain Network BSN Will Launch in April 2020
China’s nationwide blockchain network, the BSN, will be fully launched in April 2020, following a six-month beta testing period Go to Source Powered by WPeMatico
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Ant Financial Aims to Launch Its Enterprise Blockchain Platform This Month
Alibaba affiliate Ant Financial is reportedly launching the full version of its enterprise “Ant Blockchain Open Alliance” platform this month Go to Source Powered by WPeMatico
Bitmain Responds to Layoff Rumors From Ousted Co-Founder Zahn
Ousted Bitmain co-founder Micree Zahn took to Weibo on Monday to speak out against a reported Bitmain “personnel optimization plan” which could purportedly see around 500 Bitmain workers dismissed by January 17. Chinese media broke the story last week citing inside sources at the bitcoin mining colossus, one of which claimed poor financial performance of … Read more
What Happens If the US Loses the Blockchain War?
The global blockchain tech race still has no leader, but China could win this blockchain war, leaving the U.S. far behind Go to Source Powered by WPeMatico
Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, India’s National Blockchain Seminar
In this roundup, we cover several crypto-related actions by the U.S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with the Philippines’ central bank, as well as crypto regulatory developments in Turkey and Qatar. … Read more
33,000 Companies in China Claim to Use Blockchain Technology
China 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 … Read more
People’s Bank of China ‘Progressing Smoothly’ With Digital Yuan
The People’s Bank of China says it is making smooth progress with the development of its forthcoming digital currency Go to Source Powered by WPeMatico
China Continues to Streamline Its Blockchain Patent Application Process
China continues to streamline the guidelines on blockchain patent applications Go to Source Powered by WPeMatico
HSBC Closes 2 Branches Following New Protests in Hong Kong
HSBC had two of its Hong Kong branches closed on Jan. 2, the first working day of the year, following attacks by protesters during the latest anti-government demonstrations on New Year’s Day. The banking giant also closed seven indoor ATM clusters and announced on Friday it will suspend overnight services at 19 other ATM locations … Read more
Hong Kong Institute of Bankers Onboards Six Virtual Banks as Members
Six virtual banks have joined the Hong Kong Institute of Bankers as corporate members Go to Source Powered by WPeMatico