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US Federal Reserve Reveals Building a Digital Dollar Codebase With MIT
15.8.2020
The U.S. central bank has been working on creating a digital dollar, according to a recently published transcript from Federal Reserve Board Governor Lael Brainard. On Thursday, she told participants attending “San Francisco’s Innovation Office Hours” webcast, that the Fed...
A WeChat Ban Should Be the Moment for Decentralized Tech. But It’s Not.
14.8.2020
President Trump’s threat to ban WeChat could disrupt the communication of millions of people. Decentralized technology is one solution, but will people really use it? Not necessarily, industry watchers say
Blockchain Bites: Ripple’s Rebuff, DeFi’s ‘Degens’ and China’s CBDC
14.8.2020
Both the U.S. and China are advancing on their central bank digital currency (CBDC) designs while a Bitcoin developer created a new programming language
China Set for Huge Expansion of Digital Currency Pilot
14.8.2020
The Chinese central bank is reportedly set to massively expand the scope of its digital yuan pilots – as the nation edges closer to a central bank digital currency (CBDC) issuance.
Per a report from the Wall Street Journal, the nation’s Ministry of Commerce said that the pilot – so far active...
China Expands Digital Yuan Trials to Beijing and Neighboring Provinces
14.8.2020
While there is not yet a set time for the expanded pilot program to begin, a policy framework should be complete by the end of 2020
China to Launch Major Expansion of Digital Currency Trials
14.8.2020
China is said to be planning additional testing of its digital yuan across a number of developed regions including Hong Kong
Australian Woman Jailed Two Years for Stealing $300,000 Worth of XRP
13.8.2020
An Australian hacker who stole 100,000 units of the XRP cryptocurrency has been sentenced to a maximum of two years and three months in jail, local media reported. Kathryn Nguyen hacked the crypto account of a 56-year old man in January 2018. Working with an accomplice, the 25-year-old Sydney woman...
Nigerians Are Using Bitcoin to Bypass Trade Hurdles With China
13.8.2020
Nigerian entrepreneurs are increasingly using bitcoin as a way to trade internationally, noting its significant benefits over legacy financial systems
‘It’s Too Hard to Participate’: CWV Partner on China’s Blockchain Blueprint
12.8.2020
Collaborating with the government is never easy
Hong Kong’s Greater Bay Area to Launch China’s Digital Yuan
12.8.2020
China’s CBDC is on its way to Hong Kong
100,000 Join Cointelegraph’s Blockchain Week Event in China
12.8.2020
Cointelegraph’s recent China blockchain event spanned five continents and attracted 100,000 viewers
Why Chinese Miners Won’t Stage a 51% Attack on Bitcoin
12.8.2020
Jameson Lopp explains why attacks on Bitcoin won’t work and that he expects China’s mining dominance won’t last
Grin Price Up Over 11% as Former Developer Tests ASIC Miner
11.8.2020
Former core Grin developer Gary Yu mined $118 worth of GRIN cryptocurrency in less than 24 hours with a Grin ASIC mining device
China’s Blockchain Infrastructure Launches Website for Global Devs
11.8.2020
China's Blockchain-Based Service Network has launched an English-language website for international decentralized app developers
The Latest on the Global Economy’s Most Contentious Relationship
10.8.2020
China and the U.S. trade high-profile sanctions, but the real impact is showing up in banks and on the Hong Kong stock market
‘Capital Flight out of Asia Is Taking Bitcoin Express’ Says Max Keiser
10.8.2020
Bitcoin is one of the few ways to move an entire fortune abroad, Bitcoin bull Max Keiser says
China: Loudi City Mayor Promotes Blockchain to Fight Crime
10.8.2020
Blockchain is making further inroads with municipal authorities in China, as the mayor of Loudi supports its use to combat crime
China’s National Blockchain Network Launches International Website
10.8.2020
China’s first government-backed blockchain initiative has just launched an official international website
Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears
10.8.2020
Hong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some 10% of private holdings have been moved to safer jurisdictions such as Singapore and Switzerland since the beginning of protests in Hong Kong last year. In...
Nasdaq-Listed Company Sued for Backing $2 Billion Loans With 83 Tons of Fake Gold
9.8.2020
The Nasdaq-listed company that allegedly used 83 tons of fake gold bars as collateral to secure loans worth about $2 billion from multiple financial institutions in China is now in default and facing several class-action lawsuits. $2 Billion Fake Gold Scheme Unravels The gold industry was recently...