China softens stance on Bitcoin mining
Following China’s President Xi’s recent embrace of blockchain technology, there have been several encouraging developments in China’s formal relationship with the technology.
Following China’s President Xi’s recent embrace of blockchain technology, there have been several encouraging developments in China’s formal relationship with the technology.
The company is suspected to have pivoted to blockchain in order to boost stock prices.
Korea seeks to become a blockchain hub as the technology continues to grow across the globe.
The government of Guangzhou is planning to provide at least $140 million in a fund geared towards encouraging the development of blockchain technology and platforms.
Cryptocurrency prices have suddenly increased over the past week or so and, as has been seen in the past, talks of 1,000% rallies have started to fill the media pages.
China is closer to launching its own central bank digital currency (CBDC) than it may have let on.
Jihan Wu’s move to take more control over Bitmain broke early on October 29, as he has apparently supplanted Micree Zhan as the company’s legal representative.
To create more business opportunities, China’s Sichuan province should study how it can leverage its abundant hydro energy in the crypto mining industry.
It is beginning to look more evident that China has big plans for a digital future and there are signs that it will be more amenable to blockchain and digital currency.
Led by its Chairman Xi Jinping, China is all in on blockchain as Bahamas explores CBDC. Regulators are also stepping up their game as blockchain makes its mark
China’s president, Xi Jinping is now calling for an acceleration of adoption and expects a huge wave of activity taking place over the next couple of years.
Bitcoin Association China Manager, Lise Li believes the potential success of Bitcoin SV in China where people use their mobile phones to pay for everything.