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filter China

Chinese Authorities Publish Rules For Blockchain Companies In Country

Published: 11/01/2019 at 14:40

The Chinese government agency responsible for censorship on the Internet has established rules for companies that provide services on blockchain, CoinDesk reports, referring to the government website. The Cyberspace Administration of China (CAC) has published a regulation, in which it defined the order of actions of blockchain…

Chinese Company Creates Blockchain-Based Water Treatment System

Published: 08/01/2019 at 20:10

China Mobile, a leading Chinese telecommunications company, has developed a water purification system on blockchain, seeking to make the technology more accessible to ordinary people, CoinDesk reports, referring to local media. China Mobile IoT, the company’s division, created a water purifier having an integrated computing…

About 40% Of Chinese Want To Invest In Cryptocurrencies — Survey

Published: 03/01/2019 at 20:50

According to the PANews study, 40% of Chinese residents intend to become cryptocurrency owners in the near future. At the same time, the industry in the country is at risk of collapse since digital currencies and ICOs are prohibited, and startups and exchanges are forced to relocate to more loyal states. It is noteworthy…

Chinese Threat To Bitcoin: Reality?

Published: 02/01/2019 at 20:00

For the past ten years, Bitcoin has done a lot to influence the world of finances and countless other sectors. It has presented the entire world with the new concept of decentralized money which does not depend on any bank or government. In doing so, it has created its own adversaries, one of which might potentially be the entire…

Newly Invented Artificial Gold Can Support Bitcoin Value

Published: 28/12/2018 at 10:41

Chinese scientists from the Dalian Institute of Chemical Physics at the Chinese Academy of Sciences in Liaoning have invented the way to get a gold-like substance out of ordinary copper. This discovery questions the gold-standard adherence in the global economy and may give green light to alternative financial tools like cryptocurrencies,…

Ontology Token Enters Chinese Crypto Rating

Published: 25/12/2018 at 14:01

Research center at the Chinese IT Ministry has updated its rating of digital currency projects and included Ontology to it. The startup became the 34th crypto to get recognised by the China’s regulators, Bitcoin.com reports. The Chinese Center for Information and Industry Development (CCID) index includes three indicators:…

Hong Kong Regulator To Toughen Attitude To Crypto Sphere

Published: 18/12/2018 at 12:38

The Hong Kong Securities and Futures Commission (SFC) plans to make existing crypto laws tougher due to the ever-increasing threats from cybercriminals and concerns about money laundering in Southeast Asia, CCN reports. The countries of Southeast Asia today can boast the most advanced legislation regarding the crypto industry.…

It Is Time To Buy Bitcoins — Chinese Billionaire

Published: 23/11/2018 at 15:10

Zhao Dong, a well-known Chinese billionaire and investor, suggests that now, during a market downturn, it is a good time to buy the cryptocurrency, and gives a long-term forecast of $50,000 for the bitcoin price, 8btc reports. Many crypto enthusiasts and traders have questions concerning the bitcoin’s near future: will its…

Miners Sell Rigs For Cheap Due To Crypto Market Slump

Published: 23/11/2018 at 13:21

Miners from China are selling off their cryptocurrency mining equipment due to the sharp decline in the crypto market in the second half of November. The industry has been suffering heavy losses after November 20, when the bitcoin price dropped below $4300, 8BTC reports. Since the profit from mining could no longer bear the…

Communists Of Huobi Crypto Exchange Unite In Party Organization

Published: 21/11/2018 at 08:52

Huobi, one of the world's leading trading crypto platforms, has decided to create the first organization of the Communist Party of China (CPC), as reported by the South China Morning Post. The party organization was created on the basis of Beijing Lianhuo, owned by the crypto exchange. The authorized capital of the subsidiary…

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