Cryptocurrency Analysis and News Portal
Numerous cryptocurrency media outlets have published recent reports asserting that China’s Blockchain Service Network will launch in April 2020.However, these predictions appear to be based on local reports published prior to China’s first official fatality resulting from COVID-19.China’s Blockchain Service Network commences testing in October 2019On October 15, 2019,
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As central banks around the world are cutting interest rates to zero and taking aggressive action against the economic recession due to the coronavirus pandemic, China’s central bank is accelerating its central bank digital currency (CBDC) plan.According to a Global Times report on March 24, China is one step
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China Everbright Bank (CEB), a major commercial bank in China and one of the world’s largest public companies, is debuting a blockchain-based supply chain finance solution by Ant Financial.Ant Financial, the financial arm of Chinese e-commerce giant, Alibaba, has partnered with CEB to collaboratively implement Duo Chain — a
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Welcome to CryptoX China Focus.Focus is a new talk show series launched by CryptoX China that covers the hottest topics from around the world. CryptoX China Focus invites blockchain industry leaders from all around the globe to participate in discussions. The show is hosted by Vadim Krekotin, the co-founder
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A coronavirus quarantine hotel in China collapsed Saturday. 70 people were trapped under the building in Quanzhou, Fujian. 28 have been rescued so far as teams pull victims from the rubble. A hotel in China collapsed around 7pm local time Saturday in Fujian, China while the building was being
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Coronavirus has been dominating the news cycle last couple of months, as it continues to spread across the globe. CryptoX has taken a closer look at how coronavirus is affecting the crypto industry in China, interviewing various professionals who work in this space in the country.The consensus is that, although
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The tax bureau of Beijing has officially announced that it will start implementing blockchain invoicing within the city on March 2.Beijing hopes blockchain invoicing can bring more transparency to taxpayersBeijing aims to bring blockchain’s unique transparency, traceability and immutability to its future governance with the usage of blockchain invoicing.
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Unconfirmed reports from the Epoch Times suggest the Chinese Communist Party is dramatically undercounting Covid-19 infection data. The New York-based outlet claims to have obtained leaked internal documents from Shandong province’s local government. On Feb. 18, Chinese authorities may have undercounted Covid-19 infections by a staggering 520%. Coronavirus cases
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Evidence suggesting the Chinese government is hiding the true extent of the coronavirus outbreak is mounting. Exiled Chinese billionaire Guo Wengui says that the government is cremating 1,200 corpses a day in Wuhan alone. Guo claims the government will install as many as 1.4 million portable incinerators across China
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Byrne Hobart, a CoinDesk columnist, is an investor, consultant and writer in New York. His newsletter, The Diff (diff.substack.com) covers inflection points in finance and technology. In October, China’s President Xi Jinping said China should “seize the opportunity” to use the blockchain. To cryptocurrency advocates, this is exciting – and confusing.
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