Tag Archives: China

16Jun/21

Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist

Bitcoin (BTC) price has retreated by more than 40% after topping out near $65,000 in mid-April. But that is not enough to derail the flagship cryptocurrency’s long-term bull trend, especially as globalRead More…

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05Apr/21

Bitcoin miner firm Ebang launches Ebonex crypto exchange

Ebang, a publicly-listed company providing mining hardware for cryptocurrencies like Bitcoin (BTC), has officially announced the launch of its own crypto exchange. According to an announcement on Monday, qualified investors will beRead More…

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20Nov/20

Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years

The digital yuan, China’s planned national virtual currency, would account for 15% of total consumption payments in ten years, helping commercial banks gain more ground from fintech companies, according to a Nov.Read More…

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17Sep/20

China’s BSN to ‘Localize’ 24 Public Blockchains by Making Them Permissioned

China’s state-sanctioned blockchain infrastructure project is finally bringing public chains to its Chinese users – but with a significant twist.  The Blockchain-Based Service Network (BSN), a standardized internet services provider for decentralizedRead More…

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