China Signs Agreement With Hong Kong Central Bank for Blockchain Push
China, Hong Kong partner on blockchain trade finance push Go to Source Powered by WPeMatico
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‘Bullish for Bitcoin’ — China Scraps Plans to Ban Cryptocurrency Mining
China will no longer persecute Bitcoin mining, new official documents show Go to Source Powered by WPeMatico
The European Central Bank Moves Closer to Issuing a Digital Currency
The European Central Bank is between a rock and a hard place. Keeping up with the current rate of innovation has been a struggle. Sources close to the matter claim the ECB will accelerate its plans to issue a digital currency. Anyone in the world can create a digital currency. Central banks all over the world … Read more
Peter Schiff: China’s Gold-Backed Crypto Would Be Bearish for Bitcoin
Bitcoin has no backing, Peter Schiff reminds Max Keiser Go to Source Powered by WPeMatico
Joe Lubin: China Will Avoid Blockchain’s ‘Decentralizing Aspects’
Ethereum co-founder and ConsenSys CEO Joe Lubin says he doesn’t see a reason for China’s central bank to implement blockchain for the digital yuan Go to Source Powered by WPeMatico
China Introduces Blockchain-Based Identification System for Cities
China developed a blockchain-based city identification system for its smart city infrastructure Go to Source Powered by WPeMatico
Huawei Signs Deal With Digital Currency Research Unit of China’s Central Bank
Huawei has signed a strategic cooperation agreement with the People’s Bank of China’s Digital Currency Research Institute Go to Source Powered by WPeMatico
China: Blockchain Is the Future But Keep it Rational — Avoid ‘Aircoins’
China’s official state-owned media is promoting “orderly blockchain innovation” but cautioning against speculative cryptocurrency hype Go to Source Powered by WPeMatico
Another Chinese Lender Bailed Out After Bank Run
Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that its top management was in trouble … Read more
23 Central Banks Divulge Their Digital Currency Requirements
Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their greatest concerns about implementing them. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain The First … Read more