Search Results for "president xi jinping"
Brazil Could Deploy CBDC by 2022, Says Central Bank President
According to Brazil’s Central Bank president Roberto Campos Neto, the country has all the necessary implementations set in place for a digital currency issuance to happen in 2022.
3 Ways Biden Can Be Friendly With China
I’ve often viewed myself as both a global citizen and a bridge between East and West. The Biden Administration has a once-in-a-generation opportunity to redefine America’s role in the global economy and pave the way for success in world with two equal economic superpowers. Here’s how…
China to be First Cashless Society with Digital Yuan Launch in 2022, SCMP Report
China is poised to become the world’s first cashless society should roll out its Digital Yuan DCEP before it hosts the 2022 Winter Olympics according to the SCMP
Perianne Boring: Blockchain Will Be the Foundation of the New Financial System
Perianne Boring is the Founder and President of the Chamber of Digital Commerce—the world's first and largest blockchain trade association. Boring began her career as a legislative analyst in the U.S. House of Representatives, advising on finance, economics, tax and healthcare policy. Prior to forming the Chamber, Boring was a television host and anchor of an international finance program that aired in more than 100 countries to over 650 million viewers.
What Solutions Can Blockchain Bring in Response to the Deadly Coronavirus Outbreak?
The coronavirus death toll hit a daily high, as China confirms 3694 cases, a slightly lower number than the day earlier. 28,261 cases of infection have been reported worldwide with 565 deaths, mostly in Hubei province in China. How can blockchain be utilized to tackle this problem?
World's Second Largest Bitcoin Mining Company Raises $90M in US IPO
The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).
Iranian President Advocates for Cryptocurrency-Driven Muslim Nations
During the first round-table discussion at the Kuala Lumpur Summit 2019, Hassan Rouhani, Iran’s President, suggested that cryptocurrency ought to be integrated into Muslim nations to enhance trade between the nations.
Banking on Blockchain: FinTech and Digitalization Will Play a Significant Role for the Chinese Banking Industry
China’s banking industry for small to medium-sized enterprises (SMEs) will rely on digitization and financial technology to build a “new infrastructure” for the entire industry. Highly endorsed by the country’s president, Xi Jinping, blockchain technology has seen a surge in popularity in the past year.
Bitcoin Price and Altcoins Spike On News of President Trump’s Recovery Against COVID-19
Bitcoin and altcoins have enjoyed a brief price surge on the back of news that President Trump could be discharged from hospital after his bout with COVID-19.
China’s President Xi Jinping Killed Ant Group’s $37 Billion IPO After Jack Ma Criticism
President Xi Jinping made the decision to stop the world’s largest-ever IPO after Ant Group’s Jack Ma spoke out against China's financial regulation and banking system.
Central Bank Official: Blockchain Application Ideal for Chinese Commercial Banks
Li Wei, the Technology Departmental Head of the People’s Bank of China, has urged Chinese commercial banks to embrace blockchain and digital finance.
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.