Cryptocurrency Analysis and News Portal
China’s Blockchain-based Service Network (BSN), a state-backed consortium tasked to build a domestic digital infrastructure, wants to go international but some experts said BSN’s links to Beijing could be a challenge overseas amid concerns about data security and privacy.BSN describes itself in a user manual for potential clients as a
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Desde el 2018, los sospechosos han estado lavando fondos bajo el liderazgo de un individuo de apellido Hong. Según un posteo del domingo en la cuenta oficial de WeChat del departamento de Policía del condado de Hengyang, la cual estuvo a cargo del arresto, estos fondos provenían de fraudes y
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Bragg's draft "Digital Assets (Market Regulation) Bill 2022" identifies seven Chinese banks, including the Agricultural Bank of China and the Bank of China, that have branches in Australia and can potentially facilitate the use of a digital yuan in the country. The bill establishes disclosure requirements for those designated banks
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The U.S. government's decision to sanction Tornado Cash and force blockchains to make transaction data public has dangerous geopolitical implications in the tech race against China. Source
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The metaverse could triple China’s online-gaming market alone to $131 billion, the bank said. Original Source
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China's state-backed Blockchain Service Network (BSN) has onboarded more than 10 conglomerates to its newly-launched Spartan Network, a blockchain infrastructure project. Source
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China’s sovereign currency, the yuan, has slid significantly in value during the last few months as it has shed 8% against the U.S. dollar during the first half of 2022. China’s fiat currency is currently the weakest it has been against the U.S. dollar in roughly two years. Amid the
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Chinese technology company Ant Group, the developer of Alipay, one of China's largest digital-payment platforms, is working with Kenanga Investment Bank on Malaysia's first "SuperApp," which will include crypto trading, e-wallets and portfolio management. Source
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Malaysia continues accelerating its pace of cryptocurrency adoption as one of the major local banks is moving into cryptocurrency trading as part of its default banking offerings.Kenanga Investment Bank Berhad, one of the largest private investment banks with more than 500,000 customers, has partnered with China’s tech giant Ant Group
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According to China's state institution Xinhua News Agency, Lan Zou, head of monetary policy at the People's Bank of China (PBoC), announced that the country would be expanding the number of digital yuan (e-CNY) test sites in the country from 11 to 23. They are spread out across 15 out
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