Category: China
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EY deploys blockchain products on China’s Blockchain-based Service Network
EY is collaborating with major Chinese blockchain projects like BSN and FISCO BCOS to expand its blockchain deployment in China.
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China’s blockchain service network announces Cosmos integration
Cosmos becomes the first public blockchain to be added to the China-only version of the Blockchain-based Service Network.
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China’s Central Bank Is Partnering With SWIFT on a New Joint Venture
It’s unclear what the new group’s mission will be, though People’s Bank of China employees working on its digital currency efforts will be involved.
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Jack Ma’s Ant Group Agrees to Restructure After Pressure From China’s Regulators: Report
Regulators have been clamping down on Ant Group, even cancelling its expected $35 billion twin IPO late last year.
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Report: Ant Group to overhaul structure per agreement with China authorities
Several of Ant Group’s offerings including the blockchain division will reportedly become part of a financial holding company.
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Darknet Markets Generated $1.7 Billion in Crypto Revenue in 2020 — Set a New Record
Darknet market revenues hit a new all-time high in 2020, despite declining individual purchases from marketplaces. Blockchain analytics firm Chainalysis also spotted a singular driver behind the new record witnessed over the last year. Hydra Market Is the Major Driver Behind Revenue Figures in 2020 According to the Chainalysis 2021 Crypto Crime Report, darknet markets…
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Why a GameStop-Inspired Mania Is Unlikely in China’s Stock Market
It would be logistically challenging for Chinese retail investors to organize a short-selling campaign, especially with the authorities watching.
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Interoperability will determine CBDC winners and losers
To be first is to set the tone for the industry and control the space — a tactic otherwise known as the first-mover advantage.
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China’s 500.com to Purchase Another $8.5M-Worth of Bitcoin Miners
The NYSE-listed lottery firm may also acquire another 10,000 miners this year.
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Former Bank of China exec joins BitMEX operator as non-executive board director
Once reportedly the highest-paid executive at the Bank of China, Wai Kin Chim has joined BitMEX’s parent firm as an independent non-executive board director.