Category Archives: China

How Does Hong Kong’s National Security Law Affect Crypto Firms?

Hong Kong National Security Law

Blockchain innovation has been around throughout recent years, and keeping in mind that once every now and again condemned for its promotion, it is at long last (assuming mindfully) being conveyed in supporting different ventures – including the developing fintech division in Hong Kong.  As innovation keeps on upsetting the account segment the world over, blockchain innovation has included another […]

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How Difficult Is It for Digital Yuan to Displace Tether?

Digital Yuan Tether

China’s national bank advanced money (CBDC) is normally distinguished as an approach to challenge the strength of the US dollar, not bitcoin (BTC). In any case, it might battle to discover reception in specialties where crypto variants of the dollar like Tether (USDT) flourish.  At the Unitize Decentralized Digital Conference, Charles Yang from Genesis Block clarified why the DCEP, ordinarily […]

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China Wants to Track All Digital Yuan Transactions

Digital Yuan

China’s digital currency aspirations are unprecedented and unparalleled. The first because not many critics pinned their hopes that the Far East giant will be the beacon holder for blockchain technology. The second since no other nation is close to China’s progress in terms of digital currency development. However, the advancement of disruptive technology is not China’s reason to spearhead the […]

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China Pushes for East Asian Digital Currency Creation

East Asian Digital Currency

The fight for cryptographic money incomparability is going to warm up. This time, the most current participant to the advanced money field may originate from the Far East with China pushing for an East Asian digital currency planned for improving exchange inside the area and diminishing reliance on the U.S. dollar.  The proposed East Asia digital money will be supported […]

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Chinese Police Freezes Thousands of Crypto Trader’s Bank Accounts

Chinese Police

A few thousand accounts having a placement with digital money merchants have supposedly been frozen by Chinese police because of a broad crackdown on illegal exercises. A police test has discovered a significant number of the frozen records are connected to tax evasion and other illegal exercises, so have properly chosen to close them.  Guangdong, the region which holds innovation […]

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Iran Politicians Eye Bitcoin as Viable Economic System Driver

Iran Politician Bitcoin

This week Iranian administrator, delegate Mohammad Hossein Farhangi (Tabriz) added to another occasion of government officials seeking the business, as indicated by the Tasnim news office.  On Tuesday, Farhangi addressed the national parliament approaching the Governor of the Central Bank of Iran, Abdolnaser Hemmati, to investigate Bitcoin. This is on the grounds that Bitcoin is an “good opportunity for the […]

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What Does the China vs US War Mean for a Post-Coronavirus World?

US vs China

The relationship between the United States and China is getting worse every day. And a cold war cannot come at a worse time. The financial markets are singing victory, because they think that the worst is behind. Financial markets are an extremely imperfect benchmark. Markets collapsed in late March due to concerns about the coronavirus, but the real impact of […]

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Chinese Police Uncovers Illegal Bitcoin Mining Sites in Tombs

Bitcoin Mining Daqing

China’s administration has been taking a hard position against a few parts of the digital money industry for a considerable length of time, however as of late began a battle against mining. Nonetheless, another disclosure could solidify Beijing against the movement and power enduring enactment against it. The local trusted English-language news outlet’s May 31 report said officials found the […]

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National Security Law Has Prompted Hong Kongers to Download VPNs

Hong Kong VPN

In the midst of inquiries and hypothesis about China’s new national bank-upheld advanced money named DCEP, one thing stays clear: to the degree that China is taking a shot at computerized cash, the primary advantages is supplant fiat money with a layer of detectable computerized money, ingesting another layer of information into the fearsome information machine that powers both government […]

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