German big pharma and Monsanto’s owner Bayer partners with Alipay operator Ant Financial to develop a blockchain solution for the food and crop industry. Alipay operator Ant Financial has partnered with pharmaceutical giant Bayer Crop Science, Monsanto’s owner, to develop a blockchain solution for the food and crop industry. Letter of intent Enterprise blockchain news […]
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Bitcoin has been legally recognized as virtual property by a Chinese court not the country, though… Last week, Bitcoin (BTC) was legally recognized by a Chinese court, whereby it was concluded that the cryptocurrency should now be considered as digital property. The decision that the Hangzhou Internet Court made in a ruling was met with […]
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A court dispute between an exchange and a user reinforced China’s willingness to recognize the cryptocurrency. Bitcoin (BTC) has gained legal recognition by a second Chinese court in a further boost for the cryptocurrency in one of its harshest environments. A watershed for Bitcoin in China According to investor Dovey Wan, who linked to local […]
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A Bitmain IPO might be making a come back, as a crypto bull run heats up and as the company may potentially file with the SEC. Toward the end of June 2019, news emerged that the mining giant Bitmain might be reviving its initial public offering (IPO) plans. As Bloomberg reports, the China-based cryptocurrency mining […]
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Automotive giant Wanxiang partners with blockchain firm PlatON to handle data for new smart city in China. Automotive giant China Wanxiang Holding Co., Ltd has partnered with blockchain-based tech firm PlatOn to develop a “smart city” in Hangzhou, according to a report by CryptoNinjas on June 20. According to the report, the smart city—dubbed “Innova […]
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Chinese e-commerce giant Alibaba will integrate blockchain technology into its intellectual property system of global enterprises and brands. Chinese e-commerce giant Alibaba will integrate blockchain technology into its intellectual property system of global enterprises and brands, local news outlet Sohu reported on May 23. Ali Xizhi, the company’s director of intellectual property protection, reportedly said […]
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Stablecoin tether is apparently only backed 74% by cash reserves, and Elon Musk and Vitalik Buterin get friendly on Twitter. Top Stories This Week Fractional Reserve Stablecoin Tether Only 74% Backed by Fiat Currency, Say Lawyers According to documents released by USD stablecoin tether’s (USDT) lawyers, the company behind the stablecoin only has enough fiat […]
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The Hong Kong-listed blockchain investor plans to enter the cannabis market to counter the adverse impact of the crypto winter. Hong Kong-listed contractor turned blockchain investor Grandshores Technology — backed by the Hangzhou municipal government — plans to enter the medicinal and industrial cannabis market in a bid to counter the adverse impact of crypto […]
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In China, 40 cases chose to settle outside of court, purportedly because of compelling evidence that could be shown with the use of blockchain technology. In China, blockchain technology is increasingly employed to settle court cases, local news outlet Global Times reported on April 25. Speaking at the 2019 Forum on China Intellectual Property Protection, […]
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China’s forex regulator is set to pilot a cross-border trade finance blockchain platform in three major trading provinces. China’s foreign exchange reserve regulator, the State Administration of Foreign Exchange (SAFE), is set to pilot a cross-border trade finance blockchain platform. The news was reported by local financial news agency CNStock on April 24. According to […]
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