China | ForkLog

ForkLog 21 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 7 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 9 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 8 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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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 11 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 10 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 10 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 8 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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ForkLog 6 08.08.2020

Media: Four Chinese state-owned banks confirm they are testing CBDC wallets

Several large state-owned commercial banks in China are taking part in large-scale tests of the central bank digital currency (DCEP) payment system, 8btc reports citing local media.

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ForkLog 9 07.08.2020

Blockchain, Chinese-Style: How China Is Building a Centralised Platform for DLT Development

In October 2019, China's President Xi Jinping stated the need for China to become a leader in blockchain technology.

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ForkLog 6 04.08.2020

Deceived Chinese crypto investors organised their own scam

Three Chinese residents lost money after unsuccessful investments in dubious cryptocurrency projects. To recoup the losses, they organised their own fraudulent scheme, according to Cointelegraph, citing a statement from the Public Information Network Security Oversight Service.

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ForkLog 12 30.07.2020

Media reports no Bitcoin ban in China

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