by COINS NEWS - 1 year ago
Not so long ago, Blackrock was making headlines for having applied to the SEC for a Bitcoin ETF. Shortly after that, the CEO of Blackrock made multiple appearances on mainstream news channels where he talked positively about crypto in general, and Bi...
by COINS NEWS - 1 year ago
Not so long ago, Blackrock was making headlines for having applied to the SEC for a Bitcoin ETF. Shortly after that, the CEO of Blackrock made multiple appearances on mainstream news channels where he talked positively about crypto in general, and Bi...
by COINS NEWS - 1 year ago
Not so long ago, Blackrock was making headlines for having applied to the SEC for a Bitcoin ETF. Shortly after that, the CEO of Blackrock made multiple appearances on mainstream news channels where he talked positively about crypto in general, and Bi...
Bitcoin News / Bitcoin.com - 1 year ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Argentina is likely to settle part of a payment to the International Monetary Fund (IMF) using the Chinese yu...
Bitcoin News / Bitcoin.com - 1 year ago
BRICS member states India and Brazil stand in the way of China’s bid to quickly expand the bloc, unveiled a media report. The two nations have different reasons to have reservations about Beijing’s plan to soon increase the organization’s geopolitica...
by COINS NEWS - 1 year ago
So in parts of China, CBDCs are already linked to people's personal digital IDs. If you get caught speeding in that area, they instantly fine you and deduce the amount of fine from your digital wallet by their surveillance system. Here is an exam...
Cryptocoins News / The Cointelegraph - 1 year ago
China launches world’s first blockchain satellite into space, meanwhile, McDonalds Hong Kong brings McNuggets into the Metaverse. Chinese blockchain Sputnik’s maiden v...
Bitcoin News / Bitcoin.com - 1 year ago
Singapore, the United States and Japan top the global chart in terms of sovereign debt per capita, according to research based on U.N. data. The burden of government debt for every American is 10 times heavier than that for a Chinese citizen, accordi...
Bitcoin News / Bitcoin.com - 1 year ago
China’s central bank governor has revealed that transactions using the country’s central bank digital currency (CBDC) reached 1.8 trillion yuan ($250 billion) at the end of June. In addition, the People’s Bank of China (PBOC) official sta...
Bitcoin News / Bitcoin.com - 1 year ago
JPMorgan has warned of the risks to the U.S. dollar’s dominance from escalating U.S.-China tensions and political instability. The global investment bank’s strategists anticipate “partial de-dollarization,” in which the Chines...
Cryptocoins News / The Cointelegraph - 1 year ago
While the adoption and use cases of China’s central bank digital currency are expanding, the digital yuan still only represents 0.16% of China’s monetary supply. Nearl...
Cryptocoins News / The Cointelegraph - 1 year ago
China looks at Web3 as a powerful tool to challenge the United States’ technological and economic hegemony, the Animoca co-founder said. Hong Kong’s rapid adoption of...
Bitcoin News / Bitcoin.com - 1 year ago
The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field communication (NFC) payments tethered to the renminbi. The Bank of China explains that the pi...
Cryptocoins News / CoinJournal - 1 year ago
At press time, Conflux (CFX) token was trading at $0.1981, up 10% in the last 24 hours.
Conflux Network partnered with China Telecom to develop a Blockchain-powered SIM card (BSIM) in May 2023.
The Bank of China will start testing of SIM card-linked...
Cryptocoins News / The Cointelegraph - 1 year ago
The bank plans to enable users to make phone payments by integrating its digital yuan app with specialized “super SIM cards” with near-field communication capabilities....
Bitcoin News / Bitcoinist - 1 year ago
The CBDC quest has continued soaring as many countries move to launch it. According to a CBDC tracker, Atlantic Council, 130 countries are exploring CBDC, while 19 countries out of the G20 are in an advanced stage. But while these countries are still...
Cryptocoins News / Blockchain - 1 year ago
According to SCMP, despite the stringent ban on cryptocurrencies in mainland China, Jeremy Allaire, the co-founder and CEO of Circle, a leading operator of the USDC stablecoin, foresees a significant role for yuan-backed stablecoins in the global cry...
Cryptocoins News / The Cointelegraph - 1 year ago
China may have banned the use of cryptocurrencies, but stablecoins might have a role to play in the proliferation of its national currency. Although China has closed...
Cryptocoins News / The Cointelegraph - 1 year ago
Sources close to Chinese officials say the draft rules for AI developers have been updated to include acquiring a license before releasing generative AI systems. The C...
Cryptocoins News / The Cointelegraph - 1 year ago
China’s president Xi Jinping expands CBDC cooperation at SCO, Hong Kong’s crypto licensing costs surge, and Multichain is hacked yet again. Chinese president shills CB...