It seems that China is now softening its stance on crypto assets as Li Bo, deputy governor of the People’s Bank of China (PBOC), has called Bitcoin and other crypto-assets investment alternatives, not currencies.
ConsenSys announced a strategic partnership with one of China’s biggest blockchain organizations. The Blockchain-based Service Network or BSN provides blockchain infrastructure for companies and government organizations
The Chinese government is trying its best to develop the technological needs of a blockchain revolution. The PRC National Development and Reform Commission announced a new
Crypto investors are panicking today after discovering that Chinese authorities seized around $4.2 billion in cryptocurrencies from the PlusToken Ponzi scheme. Local news platforms report that
China Construction Bank announced a new plan for issuing debt bonds on the blockchain. According to a local news outlet, it’s the first time that Chinese banks
Another wave of news shocks the cryptocurrency market as new reports indicate that the founder and CEO of OKEx Star Xu is arrested. Moreover, it was
The Chinese communist state had been considered as a slow mover towards technology innovation until the last decade. Since the end of the last decade, a
Wang Yongli, the former vice president of Bank of China, talked seriously about the need to increase the speed of national digital currency development and adoption.
Crypto Economy, on June 29, citing Haseeb Qureshi, the Managing Partner at Dragonfly Capital, reported that China’s Blockchain Services Network (BSN) was going to open up
Government regulations have always been the stumbling block for several innovation attempts. Given that you could argue for or against the need for government intervention, that
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