Business 13 hours ago

This week in tech: Blockchain strengthens hold in banking, scams face the law

Some of the world’s largest companies including JP Morgan, Nestle, UPS, HSBC, Ant Financial, RBC; all adopted blockchain. And Bitcoin SV celebrated its one year anniversary.

Business 16 November 2019

Weekly update: Important developments in cryptocurrency space

It’s been another productive week for the cryptocurrency space with activity and progress being shown across the globe.

Business 14 November 2019

China’s central bank provides an update on digital currency plans

People’s Bank of China has already made it clear that a bank-backed digital currency could be coming.

Business 14 November 2019

Chinese blockchain firm OneConnect seeks IPO in US

OneConnect is seeking to raise $100M in its IPO, down from $1B reported earlier despite not being profitable yet.

Business 14 November 2019

Binance Weibo account shut down over alleged local law violations

Crisis has befallen cryptocurrency exchange Binance amid reports that it’s looking to make a return to China.

Business 10 November 2019

This week in tech: Regulation takes center stage as China delves further into blockchain

China is advancing in blockchain adoption, the U.S. is moving towards regulation, Hong Kong and Turkey are moving closer to launching CBDCs

Business 10 November 2019

Hong Kong, Thailand to release joint CBDC report by Q1 2020

Hong Kong and Thailand have been conducting research on a state-backed digital currency, with the report coming by Q1 next year.

Tech 8 November 2019

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.

Business 6 November 2019

Blockchain-linked porcelain business catches Chinese regulator’s watchful eye

The company is suspected to have pivoted to blockchain in order to boost stock prices.

Business 1 November 2019

Presidential committee wants Korea to give cryptos legal status

Korea seeks to become a blockchain hub as the technology continues to grow across the globe.

Tech 31 October 2019

Guangzhou injects $140M into blockchain projects subsidy—but no tokens

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.

Business 30 October 2019

China proves a pragmatic approach to blockchain, cryptocurrency is the best course of action

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.