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The People’s Bank of China is extending the activities of its Digital Currency Research Lab beyond the country’s capital, opening a new research center in Nanjing Go to Source Powered by WPeMatico
Almost all cryptocurrencies are in the green today, with Bitcoin pushing $7,400 and many top-twenty altcoins sealing solid gains Go to Source Powered by WPeMatico
China’s central bank has launched a trial of a blockchain platform to “promote the formation of market trust mechanism[s]” Go to Source Powered by WPeMatico
The largest bank in China is looking to adopt blockchain technology, in addition to innovations in cloud computing, big data, and artificial intelligence Go to Source Powered by WPeMatico
Following a new partnership with VeChain, the People’s Insurance Company of China will being applying blockchain technology to its operations Go to Source Powered by WPeMatico
An American academic has written an article criticizing dominant media narratives surrounding China’s regulatory actions pertaining to cryptocurrencies. The article’s author, Nicholas Krapels, asserts that “most casual observers of Chinese politics do not understand” that “by design, Chinese law maintains a grey area” and get caught up in the “clickbait-oriented sensationalist echo chamber” of contemporary … Read more
At press time, the coin that has often been called the “Chinese Ethereum” is up to about $22. This is about two dollars more than when we last covered NEO, which suggests that the currency is experiencing bullish momentum along with bitcoin. As the 15th-largest coin in the crypto space, one source claims that the … Read more
New research shows that Chinese e-commerce giant Alibaba and U.S. tech firm IBM have filed the most blockchain-related patent filings of any entity globally to date Go to Source Powered by WPeMatico
In an ongoing onslaught on the once-booming Chinese cryptocurrency industry, China’s Guangzhou Development District government has prohibited all physical venues from hosting digital currency-related promotions or events. Guangzhou Development District, which is one of China’s special economic zones, reportedly issued a circular to all local business on August 24 outlawing them from hosting any crypto-related … Read more
At press time, the largest cryptocurrency by market cap is trading for roughly $6,800. This is about $200 less than where it’s been over the past 48 hours, and a drop of roughly three percent. One analyst claims that short sellers still have plenty of control in the cryptocurrency market. Lennon Sweeting – director of … Read more