China | ForkLog

ForkLog 8 29.08.2020

Media: Major Chinese bank begins registering wallets for the digital yuan

One of the largest Chinese banks, China Construction Bank (CCB), has opened wallet registrations for the digital yuan, according to 8btc.

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ForkLog 13 27.08.2020

Experts: China cannot control Bitcoin

Representatives of the cryptocurrency community criticised the statement by Ripple co-founder Chris Larsen, who reported about a threat to Bitcoin from the Chinese authorities. In his view, the government of the PRC could intervene in the operation of Bitcoin's blockchain.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 10 25.08.2020

Bitcoin miners in China’s Inner Mongolia to face a 30% rise in electricity tariffs

Authorities in the Inner Mongolia Autonomous Region in northern China will scrap the preferential electricity tariff for 21 mining farms identified in the region, according to 8btc.

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ForkLog 7 25.08.2020

Media: China to use digital yuan at the 2022 Winter Olympics

China plans to use its national digital currency at the 2022 Winter Olympics, Reuters reports, citing Sun Guofeng, head of the central bank's monetary policy department.

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ForkLog 24 24.08.2020

China’s State Blockchain Platform to Add Stablecoin Support

The Chinese Infrastructure Blockchain Platform (BSN) will integrate support for stablecoins in 2021. In an interview with Cointelegraph, Yifan He, head of Red Date Technology, which is responsible for the platform's international development, said.

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ForkLog 9 23.08.2020

Ripple co-founder: US losing the financial battle of the tech cold war to China

Ripple co-founder and executive chairman Chris Larsen believes the United States is losing the race for the global financial system to China, whose aim is to replace the dollar with a digital yuan. He laid out his views in an article for The Hill.

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ForkLog 14 21.08.2020

Chainalysis analyzes East Asia on-chain activity — Chinese capital flowing into USDT

Over the past year, cryptocurrency addresses from East Asian countries received $107 billion. The share of Bitcoin in the on-chain value transferred in the region stood at 51%, while stablecoins accounted for 33%. These estimates come from a new Chainalysis study.

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ForkLog 9 20.08.2020

China to test the digital yuan in large-scale commercial transactions

The Ministry of Commerce of the People's Republic of China announced an expansion of tests of the central bank digital currency (DCEP) to large-scale commercial transactions. The testing will cover all levels of the sectors, including hospitality and e-commerce payment processing.

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ForkLog 13 18.08.2020

Floods in China knock the hash rate of the largest Bitcoin mining pools

Heavy rains in Sichuan province led to a decline in the hash rate of leading Bitcoin mining pools. Companies are forced to shut down equipment and evacuate staff, according to CoinDesk.

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ForkLog 11 14.08.2020

Chinese authorities designate new regions for digital yuan pilot tests

The Ministry of Commerce of China has unveiled a list of regions that will participate in the large-scale testing of the central bank's national digital payments system (DCEP) among the general public. This was reported by 8btc.

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ForkLog 15 10.08.2020

China’s state blockchain platform adds support for six public blockchains

The China Blockchain Service Network Infrastructure Platform launched an international version of its site and added support for six public blockchains. One of the portal's goals is to attract developers from around the world.

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ForkLog 11 10.08.2020

Opinion: China Will Lose Its Dominance in Bitcoin Mining

Casa's chief technology officer Jameson Lopp laid out arguments for a possible loss of China's leadership in cryptocurrency mining, including cheaper electricity and the organisation of chip production outside Asia.

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#China