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Press Release
Press Release
Conflux to Bring Uniswap v3 and Curve to China's Public Blockchain
Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve Wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX. This proposal comes after Binance's announcement that it will support Conflux Network's (CFX) mainnet integration. The hope is to attract more initiatives, establish liquidity pools to facilitate the exchange of CFX tokens, and implement incentives that promote liquidity, ultimately increasing the network's worth and usage.
by Chainwire
Apr 17, 2023

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#CONFLUX #CHINA #UNISWAP #V3 #CNH #CURVE WARS #CFX #ECFX
#CONFLUX #CHINA #UNISWAP #V3 #CNH #CURVE WARS #CFX #ECFX
News
News
Conflux to Deploy Uniswap v3 on Its Blockchain
Conflux plans to deploy Uniswap v3 on its blockchain, which would offer access to millions of potential new users, particularly in China and Asian markets. This comes days after the Uniswap v3 code license expired, allowing developers to fork the protocol and deploy their own decentralized exchange. Conflux has a market capitalization of nearly $1 billion and has $45 million in total value locked on-chain. The network also announced a partnership with China Telecom to develop a blockchain SIM card.
Zach Anderson
Apr 10, 2023

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#CONFLUX #UNISWAP V3 #CHINA #ASIAN MARKETS #REGULATORY CRACKDOWNS
#CONFLUX #UNISWAP V3 #CHINA #ASIAN MARKETS #REGULATORY CRACKDOWNS
News
News
Chinese state company launches crypto funds
CPIC Investment Management, a subsidiary of China Pacific Insurance, is launching two crypto funds with Waterdrip Capital, targeting institutional and wealthy private investors. The funds will focus on investments in early-stage blockchain projects and proof-of-stake digital assets.
Rebeca Moen
Apr 07, 2023

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#CHINA #CRYPTO FUNDS #STATE-OWNED COMPANY #WATERDRIP CAPITAL #BLOCKCHAIN
#CHINA #CRYPTO FUNDS #STATE-OWNED COMPANY #WATERDRIP CAPITAL #BLOCKCHAIN
News
News
China and Malaysia discuss Asian Monetary Fund
China and Malaysia are discussing the creation of an Asian Monetary Fund as a way to move away from U.S. dollar hegemony. The fund was proposed at a forum in Hainan, China, and Malaysian Prime Minister Anwar Ibrahim has stated that China is open to the proposal.
Rebeca Moen
Apr 06, 2023

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#CHINA #MALAYSIA #ASIAN MONETARY FUND #U.S. DOLLAR HEGEMONY #TRADE #CURRENCY
#CHINA #MALAYSIA #ASIAN MONETARY FUND #U.S. DOLLAR HEGEMONY #TRADE #CURRENCY
News
News
China intensifies focus on blockchain despite cryptocurrency stance
China's Ministry of Industry and Information Technology aims to improve its blockchain technology standards by 2025, calling for public opinion on the draft guidelines. Blockchain is listed as a target industry for growth in the country's 5-year plan.
Zach Anderson
Mar 29, 2023

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#CHINA #FINTECH #BLOCKCHAIN #STANDARDS #DEVELOPMENT
#CHINA #FINTECH #BLOCKCHAIN #STANDARDS #DEVELOPMENT
News
News
FTX Founder Faces New Charges, Including Alleged $40M Bribe
FTX founder Sam Bankman-Fried is facing a new 13-count indictment, including an alleged $40 million bribe to a Chinese government official. The bribe was reportedly intended to unfreeze cryptocurrency accounts at FTX's affiliate firm, Alameda Research, which held over $1 billion worth of cryptocurrency.
Jessie A Ellis
Mar 29, 2023

| 0 Min Read

#FTX #CRYPTOCURRENCY EXCHANGE #SAM BANKMAN-FRIED #INDICTMENT #BRIBERY #CHINA
#FTX #CRYPTOCURRENCY EXCHANGE #SAM BANKMAN-FRIED #INDICTMENT #BRIBERY #CHINA
News
News
Taiwan FSC to regulate crypto
Taiwan's top administrative authority, the Legislative Yuan, will regulate cryptocurrencies via the Financial Supervisory Commission (FSC). Chairman Huang Tien-mu declared that the FSC would supervise Taiwan's crypto business, but not NFTs. The FSC should create and adopt a crypto regulatory framework by March or April. This follows continuous tensions with China, which views Taiwan as a separatist province it intends to dominate.
Zach Anderson
Mar 21, 2023

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#LEGISLATIVE YUAN #EXCUTIVE YUAN #TAIWAN #CHINA
#LEGISLATIVE YUAN #EXCUTIVE YUAN #TAIWAN #CHINA
News
News
China announces new financial regulator in governmental overhaul
China is introducing a new national financial regulator as part of a governmental overhaul. The current banking and insurance watchdog, the China Banking and Insurance Regulatory Commission (CBIRC), will be abolished, and its responsibilities will be moved to a brand new administration. The new financial regulator will "strengthen institutional supervision, supervision of behaviors and supervision of functions." There was no specific mention of reforms for the crypto industry.
Luisa Crawford
Mar 08, 2023

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#CHINA #FINANCIAL REGULATOR #GOVERNMENTAL OVERHAUL #CBIRC #PBOC
#CHINA #FINANCIAL REGULATOR #GOVERNMENTAL OVERHAUL #CBIRC #PBOC
News
News
CBDC Activity Subsidizes Consumption During Lunar New Year
After COVID-19 restrictions were eased, Chinese local governments are pushing the usage of the country's digital currency, the digital yuan, to boost e-CNY use and consumption.
Rebeca Moen
Feb 07, 2023

| 0 Min Read

#CHINA #CENTRAL BANK #ADOPTION #DIGITAL CURRENCY #CHINESE NEW YEAR #YUAN #CBDC
#CHINA #CENTRAL BANK #ADOPTION #DIGITAL CURRENCY #CHINESE NEW YEAR #YUAN #CBDC
News
News
Local Officials Set Ambitious Targets for Digital Yuan Transactions
In 2022, the e-CNY processed $50.5 billion in municipal transactions.
Terrill Dicki
Feb 03, 2023

| 0 Min Read

#BLOCKCHAIN #CRYPTOCURRENCIES #CHINA #BUSINESS #YUAN #CBDC
#BLOCKCHAIN #CRYPTOCURRENCIES #CHINA #BUSINESS #YUAN #CBDC

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