Latest News on CHINA

Asia

China’s CBDC Research Institute Partners with Didi Chuxing to Explore “Smart Travel” with the Digital Yuan

China’s Central Bank Digital Currency Research Institute and Chinese transportation giant Didi Chuxing have reached an agreement to explore and develop the use of digital yuan in the transportation industry.

Sarah Tran

Jul 08, 2020

| 3 Min Read

#CHINA #CBDC #DCEP #DIDI CHUXING #DIDI #RIDE-HAILING #TRANSPORTATION

Asia

Majority of China's Tech Startups Are Exploring Blockchain Technology, Report Reveals

South China Morning Post's Report shows Chinese firms are growing in the adoption and integration of blockchain technology

Godfrey Benjamin

Jul 08, 2020

| 2 Min Read

#CHINA #DIGITAL YUAN #BLOCKCHAIN #TECHNOLOGY #RESEARCH #TRADE WAR #US

Bitcoin

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.

Sarah Tran

Jul 07, 2020

| 4 Min Read

#BITCOIN #BITCOIN PRICE #STOCK MARKET #BUBBLE #CHINA #US #BITCOIN BULL

Technology

Chinese Courts Deploy Blockchain-Powered Electronic Door Seals for Enhanced Property Security

Chinese courts have gone a notch higher by adopting blockchain-based door seals that will optimize property security by enabling real-time video surveillance and a sophisticated alarm system. This move is intended to eradicate the conventional paper seals, which are not tamper-proof.

Brian Njuguna

Jul 07, 2020

| 2 Min Read

#CHINA #BLOCKCHAIN #DOOR #SEALS #COURTS #SECURITY #TAMPER-PROOF

CBDC

Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money

Central Bank Digital Currencies (CBDC) could be the most important payment trend in development with the most profound effects on our systems of payment and money issuance according to Cuy Sheffield, Visa’s head of cryptocurrency.

Lucas Cacioli

Jul 06, 2020

| 3 Min Read

#CBDC #VISA #CHINA #UNITED STATES #CENTRAL BANK #DIGITAL CURRENCY #BLOCKCHAIN #ELECTRONIC #PAYMENTS #MONEY #TRENDS

Cybercrime

Is China Hacking Australia? Cryptojacking Cyberattacks Hit Hard Down Under

The Australian Cyber Security Center has published a report highlighting vulnerabilities that are being exploited by hackers using cryptojacking malware.

Lucas Cacioli

Jun 29, 2020

| 2 Min Read

#AUSTRALIA #HACK #CYBERSECURITY #PHISHING. CRYPTOJACKING #CHINA #CRYPTOCURRENCY #MONERO #ESPIONAGE

CBDC

Governments Will Eliminate Bitcoin, Says Investor Jim Rogers

Will decentralized cryptocurrencies like Bitcoin—that are beyond the influence of Sovereign Governments—be allowed to survive? Not according to American investor and financial commentator Jim Rogers.

Lucas Cacioli

Jun 26, 2020

| 3 Min Read

#BITCOIN #GOVERNMENT #DECENTRALIZED #POWER #THREAT #DOLLAR #CBDC #CHINA #CRYPTOCURRENCY

Analysis

China to Dominate Global Tech Standards? Expert says “It Would be Tough”

China announced a new 15-year blueprint as part of the country’s global technology push, to set the global standards for the next-generation of technologies, including blockchain.

Sarah Tran

Jun 23, 2020

| 3 Min Read

#CHINA #BLOCKCHAIN #CHINA STANDARDS 2035 #AI #IOT #BIG DATA

CBDC:Asia

Chinese CBDC's Backend Developments are Complete, Revealed During 2020 FinTech Forum

The world’s attention is on China who has recorded a great advancement in the development of its central bank digital currency (CBDC). The Chinese CBDC project, also known as digital currency electronic payment (DCEP) entered its testing phase back in April with a test run billed for four major cities.

Godfrey Benjamin

Jun 23, 2020

| 2 Min Read

#DCEP #CBDC #CHINA #DIGITAL YUAN #FINTECH FORUM #DIGITAL CURRENCY #LIBRA #FACEBOOK

Bitcoin

Trump Handed Digital Future to China by Going After Bitcoin, Bolton's Book Reveals

President Trump’s opposition to Bitcoin and cryptocurrencies is well documented as is his determination to maintain the US Dollar's global status. According to a passage from ex-national security advisor John Bolton’s book—Trump’s administration has actually handed Bitcoin and Ethereum a huge advantage over other cryptocurrencies.

Lucas Cacioli

Jun 22, 2020

| 4 Min Read

#TRUMP #CHINA #JOHN BOLTON #BOOK #BITCOIN #CBDC #DCEP #DIGITAL FUTURE #UNITED STATE #REGULATION

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