Binance CMO announced plans to launch fiat-to-crypto over-the-counter desk for Chinese market, part of the exchange’s continuing expansion in China. Cryptocurrency giant Binance plans to roll out its over-the-counter (OTC) trading platform for Chinese yuan in October. Chinese market targets Yi He, Binance co-founder and chief marketing officer (CMO) announced the news at a media […]
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Public authorities across the globe continue to press Libra, central banks argue that the stablecoin will threaten sovereignty. Public authorities across the globe continue to press the developers of Libra, Facebook’s proposed stablecoin-like digital asset. On Sept. 16, Libra representatives met with the Committee on Payments and Market Infrastructure (CPMI), a part of the Bank […]
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Chile’s top central banker says the financial system could benefit from central bank digital currencies, particularly in “unconventional” monetary policies. Chile’s central bank governor, Mario Marcel, says central bank digital currencies (CBDC) can provide additional flexibility in a time of “unconventional monetary policies.” Marcel made the comments in a speech titled “High-level Policy Panel Discussion […]
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A group of global coffee companies teamed up to launch a platform for tracking coffee using IBM’s blockchain solution in early 2020. A group of global coffee companies aims to launch a blockchain platform to track coffee using an IBM-developed app by early 2020. Building on IBM Food Trust Platform Farmer Connect, a tech startup […]
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BTCC veteran Bobby Lee claims the Chinese have always thought of Bitcoin as an investment rather than a payment system. Bobby Lee — co-founder and former CEO of China’s first crypto exchange BTCC — says the Chinese have always thought of Bitcoin as an investment rather than a payment system. Lee made his remarks during […]
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After starting up Binance Lending Service in late August, Binance expands its lending products this week, with support for Monero, Zcash and Dash. Binance exchange will feature three new coins within the fifth phase of its crypto lending product available for subscription starting from Sept. 20. Same interest rate for all 3 coins After initially […]
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After leaving China amid the local crypto trading ban back in 2017, Binance has made its first strategic Chinese investment. Crypto exchange giant Binance has made its first strategic Chinese investment after leaving China amid the local crypto trading ban back in 2017. Founded in China in 2017, Binance has participated in a $200 million […]
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Although blockchain investments appear to be decreasing, adoption and sentiment are on the rise, according to various research papers. There are mixed indicators regarding the current progress or stalling of blockchain adoption throughout the enterprise world. Research has indicated that investments have dropped by over half over the last year, contrary to other research showing […]
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From Cointelegraph Japan: This week’s selected cryptocurrency and blockchain news. In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, government and industry officials secured important appointments, while new data shows the popularity of cryptocurrencies and their favored uses in Japan and China. Expert: Bitcoin is most commonly used for remittances in China On […]
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Philippine authorities have reportedly raided an alleged cryptocurrency scam and arrested 277 people following a tip from the Chinese government. Philippine police have reportedly raided the offices of an alleged cryptocurrency scam that was targeting investors in China. According to a Sept. 15 report by local news outlet Inquirer.net, agents from the Bureau of Immigration, […]
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