Tag: China

Trump ‘Loves’ Negative Rates and ‘Could Get Used to’ Them, Criticizes Fed at World Economic Forum, China Trade Deal

Trump ‘Loves’ Negative Rates and ‘Could Get Used to’ Them, Criticizes Fed at World Economic Forum, China Trade Deal U.S. President Donald Trump spoke at the World Economic Forum in Davos, Switzerland Tuesday saying the U.S. and other nations are “forced to compete … with nations that are getting negative […]

China Issues Digital Currency Guide for Party Cadres

China Issues Digital Currency Guide for Party Cadres Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming […]

China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year

China Saw .4 Billion in Crypto-Based Capital Flight Last Year On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $ 11.4 […]

33,000 Companies in China Claim to Use Blockchain Technology

33,000 Companies in China Claim to Use Blockchain Technology China now has more than 33,000 registered companies claiming to use blockchain technology in their businesses, according to the country’s Center for Information and Industry Development. The information was released at a recent blockchain conference hosted by a Chinese municipal government […]

Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia

Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia In this roundup, we cover Russia’s supreme court recognizing tokens as assets like money and property, France’s new crypto regulatory framework, and several industry developments in China, including a blockchain ETF filing. We also cover Japan’s […]

Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy

Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five […]

Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China

Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second […]