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China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns

China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns

A major Bitcoin mining hub in China, Inner Mongolia will be shutting down its extensive mining operations by April of this year.

China’s Central Bank Official Urges the Acceleration of Digitization of the Chinese Economy with Blockchain

China’s Central Bank Official Urges the Acceleration of Digitization of the Chinese Economy with Blockchain

China’s central bank, the People’s Bank of China (PBoC) Financial Technology Committee held its first meeting of the year this week, after months of delay due to the coronavirus pandemic. Fan Yifei, the PBoC’s deputy governor echoed President Xi Jinping’s call for the acceleration of the country’s blockchain development adoption. The president pointed out that it is necessary to strengthen fundamental research of blockchain technology and enhance innovation, enabling China to take a leading position in the blockchain field. The bank’s deputy governor met with the central bank’s officials as well as the heads of their affiliated financial institutions. Fan emphasized the importance of blockchain and financial technology (FinTech) industries and wanted to ensure China’s adoption plan would be laid out and implemented by 2021 to be in line with the deadline they have set out.

Thailand to Revive the Tourism Sector by Attracting Wealthy Crypto Holders

Thailand to Revive the Tourism Sector by Attracting Wealthy Crypto Holders

The Tourism Authority of Thailand (TAT) is going an extra mile of targeting crypto holders, especially those from Japan as it seeks to revamp the nation’s tourism sector in the post-pandemic era

China’s Blockchain Services Network Now Under Major Development Alongside "Digital Fujian" Project in the Province

China’s Blockchain Services Network Now Under Major Development Alongside "Digital Fujian" Project in the Province

China’s Blockchain Services Network has been in development in the Fujian province, recently along with its 20 main blockchain projects.

Blockchain Increasingly Leveraged by China to Combat Coronavirus Outbreak

Blockchain Increasingly Leveraged by China to Combat Coronavirus Outbreak

In the midst of the coronavirus epidemic, there have been growing concerns about how the stalled industry of China may affect the growth of technology within the region.

Calibra CEO Defends Libra at Its First Major Encounter with 26 Global Central Banks

Calibra CEO Defends Libra at Its First Major Encounter with 26 Global Central Banks

David Marcus, the CEO of Calibra, behind Facebook’s Libra has announced that the proposed stablecoin would not be a threat to the monetary sovereignty of nations as suggested previously by regulators.

Blockchain Deals Are Shifting from the US to China, CB Insights Report

Blockchain Deals Are Shifting from the US to China, CB Insights Report

Blockchain Deals Are Shifting from the US to China, CB Insights Report

Huawei Secures Deal with One of China's Districts to Accelerate the Application of Blockchain Technology

Huawei Secures Deal with One of China's Districts to Accelerate the Application of Blockchain Technology

The Nanshan government of Shenzhen, in the southern Guangdong province in China, has recently announced an agreement with electronics giant Huawei Technologies to establish an information technology center, accelerating the application of technologies including blockchain, artificial intelligence in the district.

Thailand’s Trade Policy Office to Trace Agricultural Products from Farm to Export Using Blockchain

Thailand’s Trade Policy Office to Trace Agricultural Products from Farm to Export Using Blockchain

Thailand’s Trade Policy and Strategy Office (TPSO) has revealed its intentions of using blockchain technology to trace agricultural products from farms to export as this will optimize buyers’ confidence.

Wuhan Coronavirus Outbreak Could Cause Potential Disruption to the Crypto Market

Wuhan Coronavirus Outbreak Could Cause Potential Disruption to the Crypto Market

Since the coronavirus patient was identified on Dec. 8, 2019, in Wuhan, the capital of Hubei province in China, the virus has since claimed at least 100 lives. According to crypto research firm Chainalysis, China has the status as a crypto investment hub, as it houses the most crypto exchanges in the Asia-Pacific region, which has 40 percent of the world’s top 50 exchanges.

Exclusive: Blockchain Beats AI and Big Data for the Highest Average Annual Salary in the UK

Exclusive: Blockchain Beats AI and Big Data for the Highest Average Annual Salary in the UK

The report titled “The Disruption of Disruptive Tech” by Capital on Tap highlighted the state of disruptive tech adoption in early 2020. The U.S. had the most businesses in various disruptive technologies, with 71% dominance in cloud consulting and 53% in cybersecurity.

Blockchain Allowed 17 Million People to Travel Between Macau and China During Coronavirus

Blockchain Allowed 17 Million People to Travel Between Macau and China During Coronavirus

A blockchain-powered QR health code system has been instrumental in enabling at least 17 million people to travel between the Chinese mainland and Macau since May.

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