China should revamp its plan for a national digital currency in the face of Facebook’s Libra cryptocurrency, says the central bank’s former head.
China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief
Facebook Libra Threat Could Spur Work on China’s National Digital Currency: PBoC Official
China’s central bank could hasten development of its digital yuan to counter the threat posed by Facebook’s Libra cryptocurrency, an official says.
Walmart China Teams with VeChain, PwC on Blockchain Food Safety Platform
Walmart China has launched a blockchain-based platform aimed to address food safety concerns in the country.
Wanxiang City Partners with Blockchain Privacy Startup on Tracking Infrastructure
China will build a blockchain-managed live-work district in Hangzhou.
China’s Biggest Payment Firms Have No Plans to Follow Facebook into Crypto
WeChat parent Tencent and Alibaba’s payments arm Ant Financial have no plans to follow Facebook into crypto.
‘Hard Core Fund’ Collects 50 BTC to Support Bitcoin Developers
This bitcoin evangelist is bridging the gap between the Asian mining industry and global open source developers.
NEO Releases Detailed Financials Ahead of Cryptocurrency Relaunch
Many of the companies associated with NEO have proven to be a lucrative boon for token cofounders Erik Zhang and Da Hongfei.
China Authorities Probe Alleged Illegal Bitcoin Mining Sites at Hydro Plants
Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval.
Digital Renminbi: A Fiat Coin to Make M0 Great Again
Anonymous, cryptocurrencies could become more important in an environment where government money is closely controlled, says Dovey Wan.
Bitcoin Mining’s New Bidding War
The cost of secondhand cryptocurrency mining equipment in China has nearly doubled in the last few weeks in response to bitcoin’s price jump.
China’s Foreign Exchange Regulator Piloting Blockchain in Trade Finance
The agency that regulates and manages China’s foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.
Bitmain Set to Deploy $80 Million Worth of Bitcoin Miners, Sources Say
Bitmain, the largest manufacturer of crypto mining equipment, is scaling up its capacity to mine bitcoin itself.
Bitcoin Miners Are Investing Again, Expecting a Cheap Power Boom Soon
Bitcoin miners in China are betting that abundant water this summer will make their business profitable again.
A Crypto Project That Raised $20 Million Is Caught Faking Its Founding Team
BHB in China raised $20 million in 2018 touting a three-person team. The only problem? At least two were fake.
Ripple Partners With Chinese University for Blockchain Research Program
Ripple has teamed up with a top Chinese university for a research program focused on blockchain regulation and development.
China’s Internet Censor to Start Regulating Blockchain Firms Next Month
China’s internet censorship agency is bringing in regulations for blockchain service providers in the country.
Chinese Bank Giants Tap Blockchain in Trade Finance Efficiency Boost
The China Banking Association, the country’s self-regulatory organization for the banking sector, has launched a new blockchain-based platform for trade finance.
Layoffs Underway Amid ‘Adjustments,’ Bitcoin Miner Bitmain Confirms
Months after it filed an application to go public on the Hong Kong Stock Exchange, Beijing-based cryptocurrency mining giant Bitmain is undergoing a series of business changes that extend even to its China offices, the company confirmed Tuesday. “There has been some adjustment to our staff this year as we continue to build a long-term, […]
Chinese Crypto Billionaire to Help Lead Hong-Kong-Listed Blockchain Firm
Veteran Chinese crypto investor Li Xiaolai has joined a blockchain firm listed on the Hong Kong Stock Exchange as an executive director and co-CEO.
Security Token Offerings ‘Illegal,’ Says Beijing Financial Watchdog
The head of Beijing’s Municipal Bureau of Finance has warned that security token offerings (STOs) are “illegal” in the city.