Category Archives: China

Bitcoin Breaks Record for 3 Years, Surpasses 1000 USD Level

Bitcoin 1000

The cost of bitcoin has broken the $1,000 stamp, hitting an over three-year high. The new year begins importantly for bitcoin, as the bullish pattern seen all through late 2016 proceeded into 2017, with bitcoin striking a high price. The cryptocurrency was exchanging at $1,021 at the season of production, as indicated by CoinDesk, at level not seen since November […]

» Read more

Huiyin Group Lauches 20 Million Bitcoin Fund

Bitcoin China

New Bitcoin-centered companies are seeing a fortune in speculation after multibillion-dollar Chinese venture firm Huiyin Group reported the dispatch of its bitcoin-and blockchain-based auxiliary reserve, Huiyin Blockchain Ventures (HBV). As said on its site, the new backup store will accomplice “with innovative start-ups and entrepreneurs to help them grow and define the future of the blockchain economy.” The reserve looked […]

» Read more

China-based Huiyin Group Initiates Bitcoin Fund Worth 20 Million USD

Huiyin Group

Huiyin Group, a multibillion-dollar investment organization situated in China, has reported the dispatch of Huiyin Blockchain Ventures (HBV), a backup finance concentrated exclusively on interests. Propelling with $20m in conferred capital, HBV will now look to contribute the assets through the span of the following six to 12 months. The store will be overseen by James Wo, the child of […]

» Read more

Why Beijing’s Latest Move Could Ignite Asian Online Trading

Beijing Bitcoin

The People’s Bank of China (PBC) as of late set up a vocation opportunity promotion calling for specialists in blockchain innovation. Bitcoin and other computerized monetary standards, otherwise called altcoins, utilize blockchain innovation or variants of it. With the national bank hoping to employ blockchain specialists, has China at long last set out on the way toward digitizing its cash […]

» Read more

Bitcoin in China – Tighter Controls and New Data Centers

Bitcoin China

The cost of bitcoin tumbled on Friday morning, as theory that China may fix controls over the cryptocurrency to stem the surge of capital financial specialists. The estimation of the coin tumbled to 4,520 yuan at BTCC, a bitcoin exchange in China. That was 12% lower than a late high of 5,136 yuan on Thursday evening. Bitcoin organization Bitmain Technologies has […]

» Read more

Remittance Transfers to Be Subsidized by Hong Kong’s OKLink

OKLink

Hong Kong-based OKLink has reported that it will sponsor all expenses on the main $100,000 of cross-outskirt exchanges of under $500 each for accomplices on its system, up to a sum of $100 million. Coinsecure, Coins.ph, Rebit, MOIN.Inc, Coinone, Coinplug, Coincheck, Bitoex and BitPesa, are among the early organizations to join the OKLink system and exploit this activity. OKLink is […]

» Read more

Fintech Movement in Hong Kong Explores Cryptocurrency Industrialization

Hong Kong Fintech

The Government planned over HK$17 billion (identical to around US$2 billion) to start constructing the key base important to bolster a fintech focus in Hong Kong, among different measures to encourage the advancement of fintech in Hong Kong.9 The Government has likewise set up the Innovation and Technology Venture Fund and the Cyberport Macro Fund reported in the 2016 Policy […]

» Read more
1 2 3 6