Chinese Ultimatum: Miners Discuss Switching to Bitcoin Classic
Bitcoin scalability debate gained steam as 8btc.com published details of the Bitcoin Classic implementation proposal discussed by miners of China.
Chinese Ultimatum: Miners Discuss Switching to Bitcoin Classic
Bitcoin scalability debate gained steam as 8btc.com published details of the Bitcoin Classic implementation proposal discussed by miners of China.
70% of Transactions, or How China Raises Its Bitcoin Influence
Chinese economy’s perspectives and potential are among the most favorite subjects of discussions for economists and political experts. China’s evident domination in some economy sectors sometimes even worries the international community. China’s influence is also present in bitcoin industry, and therein, it’s way higher than in traditional economy. Chinese investors’ involvement in cryptocurrency is significant […]
Meanwhile in Asia: Cryptotechnologies and Economies
Cryptoeconomy becomes more and more entwined with the traditional one. Beginning as a crypto-anarchist utopia, the ecosystem keeps on evolving, and currently it starts influencing what happens in the big financial world. In this brief overview, we’ll attempt to show how it happens in Asia.
People’s Bank of China Concedes Using Blockchain in its Own Digital Currency
The head of the People’s Bank of China conceded the central bank may use blockchain technology for its future digital currency presently under development. Speaking to Caixin Weekly, Zhou Xiaochuan stated that the PBOC may utilize blockchain technology alongside with cloud computation, secure chips, and mobile networks in its electronic currency’s operation. The statement could […]
Blockchain for Infrastructure: Two More Countries To Employ The Tech
This week, two different blockchain projects, Stellar and Factom, have announced their partnerships aiming at modernization of infrastructure in different countries with the opportunities inherent in the blockchain technology. While Factom works with technology consulting company iSoftStone on development of so-called ‘smart city’ strategy for several Chinese towns with the Chinese government as an end […]
The Great Vaults of China: What’s Inside For Bitcoin Ecosystem?
It’s not a secret that China is bitcoin world’s leader in many regards. Since the major cryptocurrency glut in 2013, Chinese companies started getting increasingly involved in virtual money, including mining and various financial services. Currently there are about 20 major companies involved in cryptocurrency operations, with about 800,000 customer base, not to mention smaller […]
The Chinese Government Advises to Keep Away from Mavrodi’s MMM
According to Chinese online publication Caixin, the government of China advised citizens to avoid an alleged Ponzi scheme led by renowned Russian fraudster Sergei Mavrodi, which has become immensely popular in China.
People’s Bank of China Intends to Create a Digital Currency
Speaking at digital currency seminar in Beijing, representatives for People’s Bank of China stated the banks had plans for creating its own digital currency. The spokespersons for the Chinese regulator said they would attempt to launch their own digital currency project “as soon as possible”. According to the official report posted on PBC’s website, the […]We use cookies to improve the quality of our service.
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