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
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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
Bitmain’s New IPO Attempt in Jeopardy as In-Fighting Goes Public
Critics are divided over Bitmain and Canaan Creative’s IPO bids. Plouton Mining CEO Ramak J. Sedigh told Cointelegraph: “The road forward becomes much harder and the climb to success steeper” Go to Source Powered by WPeMatico
China’s Tech Capital Shenzhen Issues 10 Millionth Blockchain Invoice
The Chinese city of Shenzhen has seen 10 million blockchain-based invoices issued using blockchain technology Go to Source Powered by WPeMatico
Expert: US Should Cut Crypto Firms Some Slack to Compete With China
The United States must catch up with China when it comes to central bank digital currency, say analysts Go to Source Powered by WPeMatico
Binance Plans New Office in Beijing in First Presence in China Since 2017
In a possible homecoming to China, Binance plans an office for Beijing Go to Source Powered by WPeMatico
China: Veteran Regulator Tells Sichuan to Tap Hydropower for Blockchain
The former vice-chairman of China’s securities watchdog called for Sichuan province to tap its surplus hydropower for the blockchain industry Go to Source Powered by WPeMatico