The “Fapiao” Case: How China Is Fighting Corruption With Blockchain
China has turned to blockchain to to more clearly keep track of official invoices, putting an end to established corruption schemes Go to Source Powered by WPeMatico
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Huobi Launches Partner Exchanges in Russia, Philippines, Taiwan, Indonesia, Canada
Chinese exchange Huobi and its partners are launching cryptocurrency exchanges in five regions: the Philippines, Russia, Taiwan, Indonesia, and Canada. Partners “share Huobi’s order integration system, wallet system, asset management and clearing systems.” The exchange in Manila has launched with trading in three markets with over 40 trading pairs. Also read: Yahoo! Japan Confirms Entrance Into … Read more
Chinese Courts Face Hundreds of Crypto Cases, Struggle with Rulings
Falling crypto prices have been blamed for a growing number of crypto-related legal disputes in China. Unclear regulations and unofficial restrictions are making it harder for courts to resolve these cases. Many of them involve cryptocurrency trading which is supposed to be banned in the People’s Republic, or is it? Also read: Malta Tops Exchange-Based … Read more
Bank of China Partners With China UnionPay to Explore Blockchain for Payment Systems
The Bank of China has partnered with China UnionPay to jointly explore blockchain applications in the field of cross-border mobile payments Go to Source Powered by WPeMatico
PR: Bibox Gains Swiss VQF License – Accelerating Global Expansion
On 16th August 2018, Bibox, a leading AI-enhanced digital asset trading platform, announced its acquisition of Chain Capital that owns Swiss VQF license. VQF itself is the largest cross-industry Self-Regulatory Organization (SRO) with the longest history that meets the standards established by the Financial Services Standards Association (FINMA). All the members of VQF also need … Read more
Ripple Exec: Ripple Considering Chinese Market to Speed Up Payment Solutions
A Ripple executive said that the company is looking to target the Chinese market to speed up international payments with its distributed ledger technology Go to Source Powered by WPeMatico
Y Combinator Reveals Ex-Baidu Blockchain Bull Qi Lu as CEO of New China Division
CEO of Y Combinator’s new China division is looking to blockchain for long-term innovation Go to Source Powered by WPeMatico
China and South Korea Pledge More Money to Blockchain Research
South Korea will invest heavily in emerging technologies in 2019, one of which is blockchain technology. The move was announced by the country’s Finance Minister, Kim Dong-yeon, during a recent cabinet meeting. As part of its plan to spearhead innovative growth, the government will invest $4.4 billion in eight sectors which it views as critical … Read more
Chinese State-Owned Aerospace Firm Turns to Blockchain to Manage Billions of Invoices
Chinese state-owned Aerospace Science and Industry Corporation Ltd. is using blockchain to transform its system for managing billions of electronic invoices nationwide Go to Source Powered by WPeMatico
Communist Party of China Releases Primer on Blockchain Technology
The Communist Party of China has released a book explaining the key features and use applications of blockchain technology Go to Source Powered by WPeMatico