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The Chinese government is working on its own digital currency. Very little is known about this project so far. In a recent press release, the country’s central bank offered some intriguing details. It seems this currency will be similar to Libra, although it has nothing to do with social media. A Mobile Currency While very … Read more
Sinochem Energy Technology is reportedly discussing building a blockchain platform for the oil sector with Shell and Macquarie Go to Source Powered by WPeMatico
Weakening Chinese yuan leads to higher Bitcoin prices and Asian premium Go to Source Powered by WPeMatico
The central bank believes the digital currency will help protect China’s foreign exchange sovereignty Go to Source Powered by WPeMatico
Chinese authorities arrested fifteen men suspected of bribing an internet café admin to mine cryptocurrency Go to Source Powered by WPeMatico
The last few years have seen the retail giant Walmart experiment with blockchain technology quite substantially — most notably within its food supply chain ecosystem Go to Source Powered by WPeMatico
A roundup of major news of the week from Asia Go to Source Powered by WPeMatico
China vs. U.S. trade war spreads to cryptocurrencies and the control over blockchain technologies Go to Source Powered by WPeMatico
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong has explained in a recent interview that Tether is also preparing to launch … Read more
EToro reports correlated uptick of positions in both Bitcoin and gold against a backdrop of escalating trade tensions between the U.S. and China Go to Source Powered by WPeMatico