Chinese local governments hit a bump in the road with implementing blockchain applications because stakeholders don’t want to share their data. Chinese local governments are facing difficulties when implementing blockchain applications due to stakeholders unwillingness to share privately owned data, according to a local report on June 10. Data is king According to the investigation, […]
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An article published by Yonhap suggests that South Korean merchants are open to accepting digital yuan as a payment method in the near future. South Korean media outlets suggest that local merchants could accept the upcoming digital yuan as a payment method once the COVID-19 pandemic passes, and Chinese tourist flow increases in the […]
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Experts say CoinMarketCap’s update is not good enough after the latest method tweak causes further controversy among the community. For reasons of vanity as well as for those of industry health, it’s important to have a good method for ranking crypto exchanges and coins. But as the past few years have shown, no foolproof method […]
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Binance is said to be operating a mysterious domain for Chinese traders. Top crypto exchange, Binance, seems to be providing trading services for mainland Chinese customers despite the local ban, a report published yesterday by China National Radio, or CNR, alleges. According to CNR, Binance CEO Changpeng Zhao, also known as CZ, has been promoting […]
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Bitmain’s operations in Shenzhen are reportedly being disrupted as Micree Zhan forbade shipment of mining devices following his recent takeover of the Beijing office. After physically taking over the Beijing Bitmain office, ousted CEO Micree Zhan is reportedly regaining control and is blocking the delivery of Bitmain products from its Shenzhen factory. According to sources […]
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The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency. The Bank of Ghana (BoG) remains committed to piloting a central bank digital currency (CBDC), the bank’s first deputy governor has said. Dr. Maxwell Opoku-Afari made the comment during a virtual stakeholder workshop on payment systems […]
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Several factors make India the hallmark country for crypto adoption. Experts, however, agree that several challenges still stand in the way. Over the past few months, India’s cryptocurrency market has continued to be in a constant state of flux. From crypto bans imposed by the country’s central bank to a historic ruling by its Supreme […]
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Blockfyre’s co-founder believes a bull market will return, seeing Bitcoin price rise 1,400% to hit $150,000, and Ether and other solid altcoins making even more impressive gains. The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000. In a tweet on June 4, […]
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A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain. China Zheshang Bank, a national commercial bank, used blockchain technology to issue an asset-backed commercial paper, or ABCP. It was issued as a part of the National Association of Financial Market Institutional Investors’s (NAFMII) pilot project for ABCPs. An […]
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China Wanxiang Holdings Vice Chairman believes blockchain along with other high tech will lead a more globalized world. Dr. Xiao Feng, the Vice Chairman of investment company China Wanxiang Holdings, attended the 7th Global Investment and M&A Summit in Shanghai, according to local news on June 5. Dr. Xiao’s keynote on digital economic reform revealed […]
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