News about CHINA

News about China

Bitcoin gains after China signals crypto trading plan for Hong Kong - Yahoo! Voices

Bitcoin gains after China signals crypto trading plan for Hong Kong& & Yahoo! Voices

Bitcoin gains after China signals crypto trading plan for Hong Kong - Yahoo Finance UK

Bitcoin gains after China signals crypto trading plan for Hong Kong& & Yahoo Finance UK

Hong Kong Launches Digital Currency Pilot With 16 Firms Including HSBC, Bank of China, Alipay

The Hong Kong Monetary Authority (HKMA) has announced the commencement of its e-HKD pilot which “will take deep dives into potential use cases in six categories.” The pilot paves the way for “the possible implementation of a retail central bank digit...

China state-owned Greenland to apply for Hong Kong virtual asset trading license

The real estate developer’s fintech unit already has a digital banking license in Singapore; “We are ready to step into Hong Kong,” CEO says. A Greenland Holdings subs...

Conflux and China Telecom debut first on-chain interaction with Blockchain SIM card

Toronto, Canada, May 16th, 2023, Chainwire Conflux Network, the first regulatory compliant public blockchain in China and global communications network, China Telecom, today unveiled its jointly developed Blockchain SIM (BSIM) card at the Xuhui Distr...

Asia and Africa are leading the way on embracing digital currencies - South China Morning Post

Asia and Africa are leading the way on embracing digital currencies& & South China Morning Post

De-Risking or Decoupling? China- US Bilateral Trade Falls More Than 10% This Year

Analysts have criticized the new ‘de-risking’ strategy that the U.S. is currently using against China, explained by U.S. National Security Advisor Jake Sullivan in April, clarifying that national security was over economic costs. These de...

China, France to Deepen Ties Following Meeting of French President Macron and Chinese Leader Xi Jinping

Chinese and French foreign ministers have expressed readiness to strengthen cooperation and pursue a “close and enduring comprehensive strategic partnership,” according to China’s Ministry of Foreign Affairs. This followed a “...

China’s new blockchain research centre will train half a million industry workers

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G7 Nations Discuss Countering China’s ‘Economic Coercion’

The Group of Seven (G7) countries are discussing ways to counter China’s “economic coercion” against other nations, U.S. Treasury Secretary Janet Yellen has shared. Noting that Canada, France, Germany, Italy, Japan, the U.K., and th...

Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation

Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already warning about the dangers of deflation, even...

Bitcoin, Privacy and Security - Navigating China's Surveillance State with Expatriotic

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China Establishes Blockchain Centre To Train 500,000

submitted by /u/endless_ness [link] [comments]

China launches national blockchain center to train half a million specialists

The institution will reportedly train more than 500,000 specialists in distributed ledger technology. On May 10, the National Blockchain Technology Innovation Center,...

China's Bitcoin Ban Has Been Ineffective: At Least $17Bn Transferred by Chinese Nationals Last Year

submitted by /u/KAX1107 [link] [comments]

The Impact of China's Cryptocurrency Mining Crackdown on the Global Market

The recent crackdown on cryptocurrency mining in China has shocked the world market and caused huge disruptions in the world of digital currencies. China is one of the biggest centers for cryptocurrency mining, thus its actions have broad repercussio...

Brad Sherman (US Congressman)- "Peru is way ahead of us in cocaine production, china is way ahead of us in organ harvesting. We don't need to keep up on those things and we don't need to keep up on Crypto"

Brad Sherman did an interview yesterday with Bloomberg crypto were he continued spreading his hate for crypto and bitcoin. not from the video, taken from the last article linked but I felt it fit some key points from the video that you...

Nigeria-China Currency Swap: Activist Lawyer Accuses IMF and World Bank of ‘Economic Sabotage’ to Promote US Dollar, Urges Nigeria to Join BRICS

Nigerian human rights activist and lawyer, Femi Falana, has accused the International Monetary Fund (IMF) and the World Bank (WB) of sabotaging the currency swap arrangement between China and Nigeria. Falana said the Nigerian central bank and the two...

Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia

The top Democrat on the House Intelligence Committee has warned that China and Russia would seek to exploit the chaos resulting from a U.S. default. He further cautioned that the U.S. dollar’s reserve currency status could be eroded if the U.S. defau...

China issues first arrest over fake news created with ChatGPT: Report

Alleged fake news poster becomes the first person in China arrested for using artificial intelligence platform ChatGPT. A suspect identified only as “Hong” was detaine...

China is developing AI without US chips: Here’s how

U.S. sanctions have limited China’s access to the latest chip technology to develop AI, but local companies are not letting this stop them. The race to develop artific...

China's Supreme Court Recognizes Use of Cryptocurrencies to Settle Debts

submitted by /u/ThriceTheGreat [link] [comments]

Bitcoin and Great Firewall Of China

I have been into Bitcoin since 2020, and I have a good understanding of how it works. I understand the decentralized nature of Bitcoin, but from what I know about Great Firewall of China(GFW), that it acts as a client and every requests and response...

China, Biden And The Fed Could Be About To ‘Destroy All Value Of Bitcoin’

submitted by /u/frogiscat [link] [comments]

BNP Paribas teams up with Bank of China to promote digital yuan usage

The partnership will enable BNP Paribas China’s corporate clients to make payments using the digital yuan through an e-CNY management system. The French bank BNP Parib...

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