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China Renaissance and YZi Labs Discuss Strategic Focus on BNB Chain at 5YA HK Event

China Renaissance and YZi Labs Discuss Strategic Focus on BNB Chain at 5YA HK Event

China Renaissance and YZi Labs discuss the strategic focus on BNB Chain at the 5th Anniversary event in Hong Kong, highlighting institutional interests in Web3 developments.

Paxful CEO: COVID Economic Measures Add Fuel to Peer-to-Peer Bitcoin Renaissance in India

Paxful CEO: COVID Economic Measures Add Fuel to Peer-to-Peer Bitcoin Renaissance in India

As the impact of the coronavirus pandemic continues to steer Central banks and monetary policy into new and creative directions, the market outlook has been drastically altered to view alternative assets such as Bitcoin as legitimate safe haven assets. Recent developments with the Reserve Bank of India lifting its crypto ban has also triggered a wave of cryptocurrency buying in the emerging economic superpower, and Paxful has been right at its centre.

Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO

Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO

One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports.

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

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).

10,000 New Blockchain Companies Founded in China Despite COVID-19

10,000 New Blockchain Companies Founded in China Despite COVID-19

COVID-19 has not prevented blockchain companies in China from emerging at a dramatic speed.

US-China Cold War Could Benefit Bitcoin

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.

US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

The US Treasury Department officially designated China as a “currency manipulator” on Monday following the largest stock market losses the U.S has seen in 2019.

People’s Bank of China Announces Its Digital Currency is Ready

People’s Bank of China Announces Its Digital Currency is Ready

The central bank of China has announced that its digital currency can now be said to be ready. Speaking in a major event, the China forum as reported by local news site Shanghai Securities News on August 10, the deputy director of the people’s Bank of China (PBoC) Mu Changchun stated that over five years of rigorous research work has been put into creating a prototype that adopts the Blockchain architecture

China PBOC Views CBDC Race as "New Battlefied" Between Sovereign Nations

China PBOC Views CBDC Race as "New Battlefied" Between Sovereign Nations

China through its apex bank, the People’s Bank of China (PBOC) has reiterated its desire to be the first nation to issue a Central Bank Digital Currency (CBDC)

Singapore Consults China on Central Bank Digital Currency

Singapore Consults China on Central Bank Digital Currency

Singapore is considering a partnership with China as it works on developing a Central Bank Digital Currency dubbed Project Ubin

China Updates Smart City Infrastructure with Blockchain-Based City Identification System

China Updates Smart City Infrastructure with Blockchain-Based City Identification System

China Updates Smart City Infrastructure with Blockchain-Based City Identification System

Communist Party of China: Members Can Show Allegiance Through Blockchain

Communist Party of China: Members Can Show Allegiance Through Blockchain

The Communist Party of China is offering a new app, whereby members will be in a position to show their loyalty by noting down the reasons for joining. The answers will be stored on a perpetual distributed ledger.

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.

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