Crypto News From Asia: Aug. 24–31 in Review
A roundup of major news of the week from Asia Go to Source Powered by WPeMatico
China
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US-China Trade War and Its Effect on Cryptocurrencies
China vs. U.S. trade war spreads to cryptocurrencies and the control over blockchain technologies Go to Source Powered by WPeMatico
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
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
US-China Trade War Driving Retail Investors to Bitcoin, Says EToro
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
Report: No Bank Account Needed to Transfer China’s Upcoming CBDC
The upcoming China CBDC will be available to users without bank accounts, says Binance Research Go to Source Powered by WPeMatico
Mercedes-Benz in China Joins PlatOn for Blockchain Used Car Data
PlatOn creates a blockchain platform alongside Mercedes-Benz for tracking used car data and providing automatic price estimates Go to Source Powered by WPeMatico
China Telecom Releases White Paper on 5G Blockchain Phones
China Telecom releases a white paper on blockchain-powered smartphones in the 5G Era Go to Source Powered by WPeMatico
Chinese Central Bank ‘Crypto’ Not Launching in November: State Media
Chinese state media: central bank says reports that its state-backed crypto will launch in November are “inaccurate speculation” Go to Source Powered by WPeMatico
Reformed BTC Maximalist Erik Finman Proves the Value of Unschooling
A 12-year-old, future unschooling advocate at an Occupy Wall Street protest learns about Bitcoin while running from the cops. He invests. Later, the independent Erik Finman will become the supposed “world’s youngest bitcoin millionaire” at age 18. That’s not where the story ends, though. The high school dropout has since gone on to launch education … Read more
Unconfirmed: Eight Institutions to Get China’s Digital Currency First
China will reportedly give eight organizations including Alibaba the first crop of its digital currency Go to Source Powered by WPeMatico