Search Results for "xi jinping"
Nations Around the World Urged to Learn From China in Fighting Coronavirus Using Blockchain
Different stakeholders are urging other nations to embrace China’s effective model in fighting this pandemic by deploying blockchain technology.
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.
Huawei and Beijing Municipal Government Develop Blockchain-Based Data Directory System
Telecoms giant Huawei has joined hands with the Beijing Municipal Government to create a blockchain-powered directory system. It is aimed at addressing the headache of weak applications, scattered coordination, and data sharing in various departments.
US-China Cold War Could Benefit Bitcoin
An internal Chinese report presented to Chinese Leader Xi Jinping and his top party members on May 4, concluded that anti-China sentiment is currently at its highest since the 1989 Tiananmen Square crackdown according to Reuters.
Stern Warning on Crypto Trading by the China's Central Bank Prompts Bitcoin Bears
Following a cryptocurrency trading clampdown threat by China's central bank, People’s Bank of China (PBoC), Bitcoin has seen losses of more than 10%. Its value has dropped below $7,000.
China’s Cryptography Law Piques Local Interest and Stirs Global Market Reaction
The recent passing of China's Cryptography Law, which will come into effect in 2020, has peaked local interest as searches for blockchain on WeChat surged ten-fold.
China Creates New Regulatory Authority for Blockchain Products and Digital Payments
Earlier this month, China's President Xi Jinping made announcements on blockchain prompting banks to begin investing in the industry. In line with this, it is reported the next direction will be a new digital currency for citizens in China to use.
Oct 16 Trading Analysis: President Xi's Yawnfest...
In October last year, President Xi made a speech on blockchain that pumped Bitcoin over 40%. There was also some additional evidence for some "blockbuster headline" today with Shenzhen offering $10mil RMB worth of digital currencies to its people reported earlier in the week. Hence, the unusual expectations for Xi to announce something related to blockchain or BTC today. Unfortunately, he did not pump our bags. Instead, he was trying to hype Shenzhen as a serious contender to HK. Boring.
Binance CZ: We Have No Immediate Plans for a Chinese Yuan-Based Stablecoin
Recent announcements have created waves in the blockchain industry. Binance has been making its way around the world, enabling better adoption and an overall understanding of crypto. With China’s President Xi Jinping urging its nation to use blockchain technology and its development, how is Binance leveraging on new collaborations around the world?
From Zero Mentions to a Dedicated Section in CINIC Report: How Fast is Blockchain Growing in the Chinese Internet Industry
The China Internet Network Information Centre (CINIC) recently published “The 45th China Statistical Report on Internet Development”. Compared to the previous issue, it is worth noting that the CINIC covered blockchain development as a dedicated section in the latest report. The report highlighted the rapid blockchain development of China in three aspects: regulation, technical development and applications.
Chinese Firms Hold Overwhelming Majority of Global Blockchain Patents
Chinese firms have been stockpiling blockchain patent applications leaving other nations behind and outpacing the United States 3 to 1.