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Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China

Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China

CEO of Ripple, Brad Garlinghouse, has disclosed how China has taken the lead in blockchain and crypto as the US risks losing out.

10,000 New Blockchain Companies Founded in China Despite COVID-19

10,000 New Blockchain Companies Founded in China Despite COVID-19

COVID-19 has not prevented blockchain companies in China from emerging at a dramatic speed.

Hong Kong to “Seize the Opportunities” of China’s Digital Yuan CBDC Development

Hong Kong to “Seize the Opportunities” of China’s Digital Yuan CBDC Development

The Hong Kong government is considering collaborating with the mainland Chinese authorities on the country’s central bank digital currency (CBDC) project.

Huobi Joins State-Backed Blockchain Alliance in China to Provide Blockchain Infrastructure Services

Huobi Joins State-Backed Blockchain Alliance in China to Provide Blockchain Infrastructure Services

In the first-ever Blockchain Service Network Partner Conference hosted by the National Information Center and Hangzhou Municipal People's Government in China, it was announced that cryptocurrency exchange Huobi has joined the Blockchain Services Network (BSN), an alliance initiated by the State Information Center (SIC).

Etherscan Made 100% Inaccessible by China's Great Firewall

Etherscan Made 100% Inaccessible by China's Great Firewall

Etherscan.io, one of the most widely used Ethereum block explorers, was found to be inaccessible from IP addresses inside of mainland China. According to the tests performed locally, the country’s Great Firewall, which is used by the government to regulate citizens’ access to foreign internet sites has blocked the Ethereum blockchain data site.

Communist Party of China: Members Can Show Allegiance Through Blockchain

Communist Party of China: Members Can Show Allegiance Through Blockchain

The Communist Party of China is offering a new app, whereby members will be in a position to show their loyalty by noting down the reasons for joining. The answers will be stored on a perpetual distributed ledger.

Hong Kong, a Coronavirus Hit City: How is the Blockchain Ecosystem Bracing for Greater Impact?

Hong Kong, a Coronavirus Hit City: How is the Blockchain Ecosystem Bracing for Greater Impact?

Workers in China are now stuck in their hometowns, with 27 Mainland cities on lockdown in the country. Hong Kong has been investigated cases of environmental transmission of the coronavirus, as two residents in Hong Kong have been infected who live in the same residential building, but on different floors. This, in turn, could impact the US stock market, as the country was previously confident that China could contain the spread of the disease.

Binance Accused by Chinese State Media of Operating Cryptocurrency Exchange in China

Binance Accused by Chinese State Media of Operating Cryptocurrency Exchange in China

Chinese state media has reported that Binance is still supporting local users trading cryptocurrency, despite China banning all exchanges in 2017.

US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

The US Treasury Department officially designated China as a “currency manipulator” on Monday following the largest stock market losses the U.S has seen in 2019.

People’s Bank of China Announces Its Digital Currency is Ready

People’s Bank of China Announces Its Digital Currency is Ready

The central bank of China has announced that its digital currency can now be said to be ready. Speaking in a major event, the China forum as reported by local news site Shanghai Securities News on August 10, the deputy director of the people’s Bank of China (PBoC) Mu Changchun stated that over five years of rigorous research work has been put into creating a prototype that adopts the Blockchain architecture

Singapore Consults China on Central Bank Digital Currency

Singapore Consults China on Central Bank Digital Currency

Singapore is considering a partnership with China as it works on developing a Central Bank Digital Currency dubbed Project Ubin

Bitcoin Price Surges Amid Stock Market Bull—But This Could All Collapse if China Repeats its 2015 Stock Market Bubble

Bitcoin Price Surges Amid Stock Market Bull—But This Could All Collapse if China Repeats its 2015 Stock Market Bubble

Bitcoin price saw a slight surge at the start of this week, while China’s stocks soared as no new local coronavirus cases were reported. US stocks also followed and saw an upward tick as investors focused on news related to the new COVID-19 vaccine and treatments.

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