China

National People’s Congress: China to Establish a Blockchain Development Fund
May 26, 2020 at 14:38
News
National People’s Congress: China to Establish a Blockchain Development Fund
At this year’s annual gathering, the Chinese legislative body proposed the establishment of a fund to support the development of blockchain technology led by the government.
US Congressman Proposes National Blockchain Strategy to Outcompete China
May 24, 2020 at 10:23
News
US Congressman Proposes National Blockchain Strategy to Outcompete China
A bill for Blockchain National Strategy was proposed in the United States Congress that would come up with a national blockchain and distributed ledger technology (DLT) strategy.
COVID-19 Could Be Easily Defeated Through Blockchain Technology
May 19, 2020 at 08:31
News
COVID-19 Could Be Easily Defeated Through Blockchain Technology
Recent research by a group of scientists has stated that blockchain technology could be used to enhance collaborative exploration and development in response to global pandemics such as COVID-19 through well-timed research collaborations, decentralization, and anonymity of essential information among governments.
$1.1 bn Cryptocurrency Scam Could Be Linked to Plus Token Pyramid Scheme
May 18, 2020 at 13:48
News
$1.1 bn Cryptocurrency Scam Could Be Linked to Plus Token Pyramid Scheme
A new crypto scam originating in China and involving the loss of at least $1.1 billion worth of cryptocurrencies from more than 700,000 users is thought to be related to the previous Plus Token Ponzi scheme that also exited with some $2.9 billion.
China’s Blockchain Development Ambition Goes Beyond Its Borders
May 17, 2020 at 14:40
News
China’s Blockchain Development Ambition Goes Beyond Its Borders
The People’s Bank of China (PBoC), with three other state financial regulators, has proposed a plan to set up a finance trade platform exclusively powered by blockchain technology for the Guangdong-Hong Kong-Macao Greater Bay Area.
COVID-19 Pandemic Forced China to Officially Recognize Blockchain Jobs
May 16, 2020 at 13:15
News
COVID-19 Pandemic Forced China to Officially Recognize Blockchain Jobs
With the outbreak of coronavirus, China, which had an emergency in job problems, is now pursuing job stabilization and has classified blockchain technical experts as official jobs.
2 Days to Bitcoin Halving: Countries Create Favourable Conditions for Mining
May 10, 2020 at 13:20
News
2 Days to Bitcoin Halving: Countries Create Favourable Conditions for Mining
As the 3rd Bitcoin halving event scheduled for March 12 nears, many countries are rethinking their opinion on crypto mining. Sichuan, which initially banned crypto production, is now backing it and will lower electricity cost for miners.
Chinese Province to Launch Its First Blockchain Platform Ever
May 03, 2020 at 11:22
News
Chinese Province to Launch Its First Blockchain Platform Ever
China’s quest for cryptocurrency and blockchain technology development is yielding fruit after Anhui province officially launched its first blockchain platform.
Russia Is Going to Miss the Central Bank Digital Currency Train
Apr 30, 2020 at 08:28
News
Russia Is Going to Miss the Central Bank Digital Currency Train
While global giant economies including the USA and China are looking to issue their Central Bank Digital Currency (CBDC), the President of Russia, Vladimir Putin, announced they are not going to develop a national cryptocurrency.
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