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Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq
30.10.2019
Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters....
Chinese State-Owned Media Try to Dampen Market’s Crypto Enthusiasm
29.10.2019
Chinese state-backed media are warning investors to remain rational amid a spike in interest in crypto companies
China Announces New Regulatory Authority to Certify Digital Payments, Blockchain Products
29.10.2019
China’s central bank will certify a list of fintech products that are widely used for digital payment and blockchain services with its verification system
Bullish Bakkt: Company Launches New Products as Futures Trading Surges
29.10.2019
Despite slow progress, analysts such as Omar Bham are bullish about Bakkt’s impact on the industry: “BAKKT will continue to become an institutional household name”
FTX Launches Futures on Index of 8 China Cryptos Amid Xi Blockchain Pump
29.10.2019
Derivatives exchange FTX has launched an index of eight popular Chinese cryptocurrencies, as well as futures offering exposure to the basket
The Future of Cryptocurrencies in the UK Hangs on FCA’s Decision
29.10.2019
The U.K. is starting to lose its position as a fintech leader, and the proposed crypto ban will make it worse. Will the FCA save this from happening?
China Warns Against Cryptocurrency ‘Speculation’ Amid Blockchain Hype
29.10.2019
Don’t equate blockchain with crypto support, China hints
China Ranks 35 Crypto Projects as President Xi Pushes Blockchain
29.10.2019
China has been on a roll with a series of crypto-related announcements. President Xi Jinping’s speech to accelerate the development of blockchain technology in China was followed by the passing of a cryptography bill. Meanwhile, China’s Center for Information and Industry Development...
As China Goes Blockchain, South Korea Pledges New Investment
29.10.2019
After China announced its new focus on the blockchain technology last week, South Korea follows suit with additional investments.
The country's government will invest some USD 12.8 million in blockchain projects in 2020, the Ministry of Science and ICT has confirmed.
Per Fn News, the ministry...
Chinese Cryptocurrency Mining Giant Files for $400 Million IPO in US
29.10.2019
Crypto mining giant Canaan has filed for an initial public offering with the U.S SEC to raise $400 million
Ex-Official Trolls Libra, Says China Likely to Issue Digital Currency First
28.10.2019
China's central bank could be the first to issue its own national digital currency, a former official said, while contending that Libra was doomed
Chinese Official Warns Libra Could Abet Illegal Cross-Border Transfers
28.10.2019
Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday
China Should Indulge in More Blockchain-Based Development and Innovation Says President Xi Jinping
28.10.2019
Xi Jinping, the honorary President of China, has earnestly appealed for an increased requirement of development, research, and investment in the blockchain technology. The crucial statements were underlined by Xi Jinping during his interaction at the meeting of the Politburo on Thursday. While...
China to Be First to Launch Digital Currency, Says Think Tank Exec
28.10.2019
Huang Qifan of the China Center for International Economic Exchanges said that China will be the leader in forming a national digital currency
China Has 700+ Blockchain Companies, According to Industry Study
28.10.2019
A new study from the China Electronic Information Industry Development shows that there are over 700 blockchain firms in the country
Libra Might Become Unrecognizable by Navigating Regulatory Concerns
28.10.2019
Regulatory hostility and adoption concerns are some of the issues that Libra will have to face as it moves to release its controversial payment system
China Wants Communist Party Members to Pledge Loyalty on Blockchain
28.10.2019
Chinese President Xi Jinping's party is taking his words about the blockchain to heart.
China Approves a New Cryptography Law Prior to The Launch of Its Digital Currency Project
28.10.2019
In yet another substantial step to strengthen its plans for the launch of its highly anticipated digital currency, China’s rubber-stamp parliament has approved a new law for governing cryptography, according to the latest state media report published on Saturday. The law will become effective from...
EOS Holds Top Spot, Bitcoin 11th in China’s Latest Crypto Rankings
28.10.2019
Bitcoin ranked 11th and EOS 1st in the latest edition of China’s cryptocurrency rankings
NEO Price, Ontology, Qtum, Tron, Bytum, IOST Skyrocket on China Hype
28.10.2019
The past few days in the Cryptoverse have been both surprising and greatly entertaining. Following China’s announcement on increased blockchain adoption, and subsequent surge in bitcoin (BTC) and altcoin prices, we also see Chinese projects pump hard.
As previously reported, China’s President...