Cryptocurrency Analysis and News Portal
The People’s Bank of China (PBoC) is planning to add the Tencent-backed food delivery giant Meituan Dianping to its list of platforms that will test real-world use cases of the digital yuan.Meituan Dianping is a Beijing-based food delivery platform that currently boasts of more than 435 million active users and
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Shanghai courts are using Blockchain technology to record hearings as part of a court reform pilot, according to China’s local news on July 8. Participants at a recent court reform conference held by the Shanghai high court observed that the Minhang District People’s Court used blockchain technology to record an equity
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Xiao Gang, former chair of the China Securities Regulatory Commission, said the country is facing a digital economy transformation and needs to embrace the right regulations for the fast growing crypto market. Xiao was speaking at the 19th Pushan Lectures of China Finance 40 Forum, or CF40, which was held online
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Chainlink blockchain’s native asset LINK hit an all-time high Tuesday.The crypto topped at $5.76 on Binance exchange, up by about 4,164 percent from its first day of trading.Its gains appeared as a part of a market-wide upside move but received unique bullish cues from its mention in China’s Blockchain Service
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The research institute part of the world’s leading blockchain and cryptocurrency infrastructure provider Binance coined Binance China Blockchain Institute has announced a strategic
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Bitcoin (BTC) begins a new week testing increasingly weak $9,000 support, but what factors could make or break price performance?Cryptox Markets takes a look at the main things traders should focus on in Bitcoin for the coming five days. Stocks recover led by China Stock market futures showed a mixed but overall
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Tether (USDT) has seen massive inflows of capital throughout 2020, with much of this coming about not as a result of turbulence within the crypto market, but rather due to that seen in the traditional markets.Investors in countries where access to “safe haven” fiat currencies like the US Dollar is
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Chinese authorities are trying to strengthen their epidemic preparedness and have identified blockchain as a key component of the response. The Chinese Circular of the National Health Commission released its plan on June 30 on how to ramp up its information technology support amid future pandemics. One component of the strategy is
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China’s Yunnan province city of Kunming has completed the development and internal testing of the country’s first completely blockchain-based public resource bidding platform.Public resource bidding is a method utilized by governments to allocate large resources to private and public sector companies that promise to complete a particular project.Dubbed “Kunyilian,” the
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Guangfa Bank, one of the biggest commercial banks in mainland China, has recently launched the first cross-border blockchain-based financial settlement system, allowing for seamless payment settlements between mainland China, Hong Kong and Macau — what China dubs the “Greater Bay Area.” The platform provides a number of different information verification services,
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