Search Results for: BEIJING

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

The US Declares China a ‘Currency Manipulator’ The US Treasury Department officially designated China as a “currency manipulator” on Monday following the most significant stock market losses the US has seen in 2019. There was a 2.9% plunge overnight in the Dow Jones Industrial Average, Nasdaq down 3.4% while Bitcoin is up 3.2% as tweeted by Tim Draper.  In a … Continue reading US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

Tether Launches Stablecoin Backed by Offshore Chinese Yuan

Reported in late August, Tether had made plans to add a new stablecoin pegged to the Chinese Yuan, named “CNHT.” The idea came from the intention of Zhao Dong, one of the shareholders of the Bitfinex crypto exchange.       Tether mentioned in a blog post that the new stablecoin running on top of the Ethereum blockchain as an ERC-20 token would … Continue reading Tether Launches Stablecoin Backed by Offshore Chinese Yuan

Exclusive: Transforming Healthcare Megatrends with Blockchain Healthcare Specialist

Bringing all level of governments together. The membership of Government Blockchain Association (GBA) ranges from student organizations, private sector professionals and government employees and the GBA serve as a catalyst in building blockchain community with professional chapters, blockchain specialists and nurturing blockchain practitioners. We are delighted to speak with Gerard Dache, Executive Director of GBA … Continue reading Exclusive: Transforming Healthcare Megatrends with Blockchain Healthcare Specialist

FinTech in Belt and Road – the UK FinTech Bridge

In the second round of our interviews at the Belt and Road Summit 2019 in Hong Kong, Blockchain.News gained further insights from European representatives Germany, as well as soon to be European exiters—the UK to learn more about their countries’ latest developments related to the Belt and Road Initiative.  Belt and Road Initiative—UKAs the UK … Continue reading FinTech in Belt and Road – the UK FinTech Bridge

Belt and Road Initiative – Hong Kong the Gateway for RMB Internationalization

The Belt and Road Initiative (BRI) is a transcontinental long-term policy and investment program which aims at infrastructure development and acceleration of the economic integration of countries along the route of the historic Silk Road.  BRI was unveiled in 2013 by China’s President Xi Jinping and, according to the Belt and Road Portal, the massive project will … Continue reading Belt and Road Initiative – Hong Kong the Gateway for RMB Internationalization

Chinese Police Put MicroBT CEO Under Microscope Over Alleged Dispute With Bitmain

As stated by a local news outlet, the Chinese Police have just resumed its investigation of intellectual property infringement involving Yang Zuoxing, CEO of Shenzhen Bit Microelectronics Technology and Bitmain. In the course, Yang was being arrested to help in the investigation of the patent of Bitmain he allegedly infringed upon and if found guilty, … Continue reading Chinese Police Put MicroBT CEO Under Microscope Over Alleged Dispute With Bitmain

Xinyuan Employs X-Bolts Blockchain for Real Estate Transformation

Are you ready for the disruption prompted by blockchain as part of the fourth industrial revolution or 4IR? Blockchain is continuously shaking up the status quo of many sectors, and real estate is not an exemption. Xinyuan, a real estate property manager and developer primarily operating in China, seeks to win market recognition and accelerate … Continue reading Xinyuan Employs X-Bolts Blockchain for Real Estate Transformation

Dr. Ben Goertzel—Creating an AI Marketplace for Paypal’s 286 Million Users

Exclusive interview with Dr. Ben Goertzel of SingularityNET: Part 2 (Link: Part 1) Dr. Ben Goertzel is the founder and CEO of SingularityNET, a decentralized blockchain-based AI marketplace project. He is one of the world’s foremost experts in Artificial General Intelligence (AGI) and has decades of experience leveraging AI to create solutions in natural language … Continue reading Dr. Ben Goertzel—Creating an AI Marketplace for Paypal’s 286 Million Users

European Central Bank Plans to Take the Lead on Stablecoins

The European Central Bank (ECB) has announced its plans to get “ahead of the curve” on stablecoins and accelerate their efforts in the digital currency space. During her debut press conference on Thursday, the new ECB President Christine Lagarde urged the ECB to take the lead regarding stablecoins, citing increased interests in the space from … Continue reading European Central Bank Plans to Take the Lead on Stablecoins

Opinion: Here are Three Reasons Why China is Afraid of Cryptocurrencies

China’s government has shown its commitment to embrace blockchain, although it has taken a precaution towards cryptocurrencies, as state regulators seek to ensure that average citizens have no access to cryptos.  Here are three reasons why China is afraid of cryptocurrencies.  Transactions that flows outside their control  Cryptocurrencies undermine particular objectives of the Chinese state. Key among them is control of … Continue reading Opinion: Here are Three Reasons Why China is Afraid of Cryptocurrencies

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