Specialists in China Plan to Use Blockchain for Social Credit System On January 14 Chinese technology specialists conducted a seminar named ”Blockchain technology helps China’s new social credit system” in Beijing. According to the English-language news outlet China.org, the discussion […]
Binance Now Supports Australian Dollars And Thai Baht Recently leading cryptocurrency exchange platform Binance added support for Australian dollars (AUD) and Thai baht. In a separate announcement on the exchange’s official website, made on January 7, Binance stated that it […]
Digital Yuan Is ”Progressing Smoothly” Says People’s Bank of China According to the latest reports of People’s Bank of China (PBoC), the development of digital yuan as national digital currency is ”progressing smoothly”. The official news release from January 5 […]
China’s Blockchain Patent Process China‘s National Intellectual Property Administration (NIPA) proceeds with setting up the process and regulations for blockchain patent applications. These regulations will enter into force on February 1. At the end of December 2019 the NIPA released […]
China Passes a Password Law To Gear Up Its Digital Currency On January 1, a digital currency password law entered into force in China, paving way for its central bank digital currency (CBDC). As Chinese English-language news agency China Money […]
U.S. Dollar Supremacy Under Threat The U.S. dollar it its own worst enemy as its supremacy becomes under threat. The U.S. dollar has led the world economy for a decade, but now its dominance is disputable, with China’s renminbi striving […]
Chinese businesses patented more than 6,000 blockchain applications worldwide as China Accepts Public and Private Blockchains. The first to embrace blockchain was Baoshan District in Shanghai — the first industrial park was opened there in November 2016. It was designed […]
China Is About To Have Its First Blockchain ETF China has recently announced that they are about to introduce for the first time a blockchain exchange traded fund, better known as an ETF. China’s national regulatory body that oversees securities […]
Recap of China’s Crypto Ban In 2019 It is well-known that China has attempted to combat and ban cryptocurrency trading in the country since 2017. This year has seen increasing interest in digital coins resulting from popularity of blockchain technology. […]
Tencent rumored to be forming a team to research digital currency. iFeng, a Chinese media platform, has recently announced, that Tencent the Chinese giant has released an internal statement notifying its employees that the company needs a head for a […]
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