China | ForkLog

ForkLog 22.11.2020

China’s leader urges the G20 to develop universal standards for CBDCs

Participants in the G20 should discuss developing standards for central bank digital currencies (CBDCs) with an open and constructive approach, said Xi Jinping.

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ForkLog 10 20.11.2020

Media: Chinese authorities have no role in compiling the global cryptocurrency ranking

The global cryptocurrency ranking published by China's Centre for Information Industry Development (CCID) is not tied to regulators and is the private opinion of a consulting firm. Librehash reports this.

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ForkLog 5 19.11.2020

Analysts link Bitcoin rally to miners’ troubles in China

Much of the more-than-two-month rally in Bitcoin’s price is linked to a drop in cryptocurrency sales by Chinese miners, according to analysts at QCP Capital.

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ForkLog 5 16.11.2020

Media: Chinese Bitcoin miners unable to pay for electricity

Chinese miners are facing serious difficulties in paying electricity bills, according to journalist Colin Wu. The measures by authorities against cryptocurrency exchanges as part of the fight against money laundering.

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ForkLog 7 14.11.2020

Analyst: Political risks will hinder the global success of China’s blockchain platform

China's Infrastructure Blockchain Platform (BSN) will continue to develop steadily in the country, but in the near future it will not become a global network. This view was voiced by Forrester's chief analyst Marta Bennett in an interview with Cointelegraph.

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ForkLog 6 13.11.2020

Huobi users withdrew $300m in Bitcoin amid regulatory headwinds

Outflows of cryptocurrency from Chinese exchanges to other platforms surged amid regulatory headwinds. The news of the disappearance of Huobi's chief operating officer Robin Zhu on November 2 added fuel to the move.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 8 11.11.2020

World’s second-largest bank to sell $3 billion in blockchain-based bonds for Bitcoin

The Chinese China Construction Bank (CCB), in collaboration with the cryptocurrency exchange Fusang, will issue debt securities worth $3 billion on the blockchain. The South China Morning Post reports this.

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ForkLog 7 11.11.2020

Media: Beijing to run a citywide test of the digital yuan

Beijing residents will take part in a major test of the digital yuan being developed by the People's Bank of China. 8btc reports, citing local media.

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ForkLog 9 09.11.2020

Chinese exchange TokenBetter suspends withdrawals amid investigation

Sichuan police are investigating TokenBetter, according to journalist Colin Wu.

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ForkLog 7 05.11.2020

Media: Former Huobi and OKCoin CFOs accused of wrongdoing in Hong Kong-listed company purchases

An ex-Huobi employee initiated a Chinese investigation into former Huobi CFO Chris Li, accusing him of illegal purchase of two Hong Kong-listed companies, according to journalist Colin Wu.

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ForkLog 10 02.11.2020

China to take an active role in shaping international CBDC regulation

China should become an active participant in the debate on creating an international regulatory framework for central bank digital currencies (CBDCs). President Xi Jinping set such a goal in 'Questions on Medium- and Long-Term Socio-Economic Strategies,' CoinDesk reports.

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ForkLog 11 02.11.2020

PBOC governor reports 4 million digital yuan transactions

Yi Gang, governor of the People's Bank of China, said that users completed more than 4 million digital yuan transactions in the pilot program implemented in four cities. Bloomberg reports this.

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