Forex Reforms Will ‘Deal With Cryptocurrency,’ Says Chinese Government
New forex reforms in China will reportedly deal with the country’s cryptocurrency policy as well Go to Source Powered by WPeMatico
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China Issuing Bonds on Blockchain Is a Sign of What’s to Come
No country has a stiffer policy on blockchain than China, so the country’s latest issuance of bonds on its decentralized system raises eyebrows Go to Source Powered by WPeMatico
Chinese Internet Giant Tencent Plans to Create Digital Currency Research Group
Internet giant Tencent is planning to create a digital currency research group to further advance blockchain research projects Go to Source Powered by WPeMatico
Central Bank of China Official Says Digital Yuan Will Be Different From Bitcoin
An official at China’s central bank says that the digital form of the yuan will be different from Bitcoin and stablecoins Go to Source Powered by WPeMatico
Chinese Authorities Confiscate Nearly 7,000 Crypto Mining Machines
Chinese police has seized roughly 7,000 crypto mining units, which illegally used electric power Go to Source Powered by WPeMatico
Regulatory Roundup: New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto
In this roundup, we cover a wide range of regulatory developments in the crypto space. Much has transpired in the U.S., including a new crypto bill, SEC’s proposal, lawmakers seeking answers from the IRS, and the state of Michigan signing several crypto bills into law. We also cover France’s first-approved initial coin offering, a proposal … Read more
Hackers Grab Nearly $480K From Blockchain Platform Nuls
Hackers have stolen almost $480,000 worth of NULS tokens, over $131,000 of which are now untraceable Go to Source Powered by WPeMatico
PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin
According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket for backing, Changchun affirmed. Reactions to the announcement are varied, … Read more
Bybit CEO Ben Zhou on Crypto Derivatives and Market Predictions for 2020
12 months ago, crypto derivatives platform Bybit officially launched. The Singapore exchange, which also has offices in Hong Kong and Taiwan, has enjoyed a fruitful first year, attracting users from North America, Europe, Russia and Asia. With products including BTC, ETH, XRP and EOS perpetual contracts, and a matching engine capable of handling 100,000 tps, … Read more
Chinese Regulators Question 8 Crypto Companies in Shenzhen
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with authorities reportedly questioning their representatives at a meeting hosted by Shenzhen Financial Regulatory Bureau. Also read: Crypto … Read more