Cryptocurrency Analysis and News Portal
As China moves forward towards the launch of the digitized version of its traditional currency, investors and financial authorities all over the world closely monitor and assess its implications for the general public.With worries of surveillance and abuse in mind, the head of the People’s Bank of China’s digital currency
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Bitcoin(BTC)trade has made the headline on Xinhua, the People’s Republic of China’s national publication. The state-sponsored news outlet featured an article which was titled ‘Bitcoin: The First Successful Application of Blockchain Technology.’ The piece has been circulating on social media platforms such as Twitter, as members of the crypto community
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Founding managing partner of HCM Capital, the private equity arm of electronics manufacturer Foxconn, Jack Lee, says China’s Central Bank Digital Currency (CBDC) is ready and expects it to launch in two to three months. During an interview with CNBC published on Nov. 11, Lee also suggested that the People's
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Ethereum co-founder and founder of Consensys, Joseph Lubin, said that he hopes China’s Central Bank Digital Currency (CBDC) will allow for interoperability with public permissionless blockchains, including Ethereum.Ethereum is “a very positive virus”Lubin made his remarks during an interview with Forbes published on Nov. 9. He explained:“I assume it
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Singapore-based blockchain application platform VeChain has unveiled a new blockchain tracking system for the food and beverage industry.In a blog post on Nov. 7, the company confirmed it was working with food certification group DNV GL and supply chain specialist ASI Group on the project, known as Foodgates.VeChain “direct
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China’s President Xi Jinping gave credibility to blockchain and crypto by calling the country to accelerate blockchain adoption, said Galaxy Digital CEO Mike Novogratz. The cryptocurrency investor delivered his remarks speaking at the Reuters Global Investment Outlook 2020 Summit in New York on Nov. 5.Xi “just credentialized crypto and
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China is set to allow cryptocurrency mining. The nation hosts the four largest mining pools around the world. The Chinese government is making significant steps towards the adoption of blockchain technology. Cryptocurrency mining will be kept alive in China. The news come after President Xi Jinping announced that
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About Richard KasteleinFounder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the
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Malta-based cryptocurrency exchange Binance is opening an office in Beijing, two sources with knowledge of the matter told CoinDesk. The new outpost will join Binance’s current mainland China office in Shanghai. It’s not clear what exactly the office will
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China’s central bank, the People’s Bank of China (PBoC), will use a new system to certify 11 types of fintech hardware and software products relating to digital payments. On Oct. 29, the PBoC alongside China’s market regulator, the State Administration for Market Regulation (SAMR), jointly released a set of documents
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