Crypto News From Japan: Jan. 13-17 in Review
This week’s news from Japan includes heightened interest from Binance, a new working group on security tokens, and more Go to Source Powered by WPeMatico
China
Auto Added by WPeMatico
Is Central Asia the New Safe Haven for Crypto Mining Amid Iran-US Crisis?
With cheap electricity and friendly regulation, is Central Asia the new promised land for crypto miners? Go to Source Powered by WPeMatico
Ex-CFTC Chairman to Promote Blockchain-Based USD in New Think Tank
Former CFTC chairman aka “Crypto Dad” J. Christopher Giancarlo launches a think tank to promote the idea of digitizing the U.S. dollar Go to Source Powered by WPeMatico
IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020
Global debt records were broken in 2019, but that likely won’t be the end of such ominous economic milestones, the Institute of International Finance (IIF) predicts. The number could reach $257 trillion sometime in Q1 2020, according to a recent report by the group. Economies worldwide are struggling to address pressing issues such as stimulation … Read more
Crypto Community Eyes US–Iran Crisis As Tensions Flare
As good as gold? Not so fast. “It appears a decent internet connection is crypto’s newest Achilles heel.” Go to Source Powered by WPeMatico
China Issues Digital Currency Guide for Party Cadres
Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming changes in the country’s financial system. Also read: China Saw $11.4 Billion in … Read more
Digital Currency Manual for Chinese Officials in High Demand, Enters Second Printing
Chinese party officials show interest in a manual on digital currencies as the government opens to blockchain technology Go to Source Powered by WPeMatico
China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year
On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $11.4 billion in 2019. Peckshield’s research recorded a number of illegal or otherwise unregulated transactions over the … Read more
US and European Regulators Say Crypto a Priority This Year
Several regulators in the U.S. and Europe have made cryptocurrency among their top priorities this year. The Securities and Exchange Commission’s compliance office and the European Securities and Markets Authority, in collaboration with other regulators, have outlined their plans to focus on crypto oversight. Further, China’s central bank has made digital currency a priority. Also … Read more
Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance
During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC’s hashrate increased by 80% in 2019, even though BTC’s year-over-year average price dipped by 1.9%. Tokeninsight’s report also notes that more than … Read more