Category: China

Chinese Crypto Miner to Launch Remittance-Friendly Digital Peso in Philippines in H1 2019

Huaren Capital had entered the Philippines’ business territory to expand its crypto mining business. But the Chinese firm has found another purpose on the sideways.

China Revises Crypto Ranking ‚ÄĒ BTC Upgraded

China’s Center for Information and Industry Development has updated its crypto project ranking for this month, moving BTC up several places while still favoring EOS and Ethereum.

China’s Crackdown on Online Gambling Falters as Gambling dApps Take the Center Stage

The recent analysis of data from State of the dApps reveals that gambling-related decentralized applications outnumber all other dApps. Additionally, such dApps are believed to be ruining China’s ongoing attempts to crackdown on online gambling.

Crypto Investor Alludes To China‚Äôs ‚ÄúLove-Hate‚ÄĚ Relationship With Bitcoin And Blockchain

China has a convoluted history with bitcoin, crypto, and blockchain technology.¬†During a recent interview with CNBC, one investor described how China has a ‚Äúlove-hate‚ÄĚ relationship with crypto.

Hong Kong Regulation Set to Benefit Custody Company Invault

Cryptocurrency custody services company InVault, from Shanghai, has launched in Hong Kong just in time to take advantage of the special administrative region’s new rules for cryptocurrency exchanges and asset managers. 

China‚Äôs IT Ministry Calls for ‚ÄėAcceleration‚Äô of Blockchain Standardization

A document¬†published¬†Nov. 12 on the official website of the Cyberspace Administration of¬†China(CAC) calls on the country to ‚Äúaccelerate‚ÄĚ the development of standards for the¬†blockchain¬†industry.

Huobi Creates New Committee to Work With China’s Communist Party

Cryptocurrency-focused Huobi Group has set up a Communist Party committee at a Beijing-based subsidiary.

Chinese Blockchain-Related Company Xunlei Reports $45.3 Million Q3 Revenue

Chinese desktop software and blockchain-related company Xunlei has published its Q3 report Wednesday, Nov. 14. According to the report, the firm’s revenue increased in 2018 after the introduction of blockchain services.

China: Insurance Giant Ping An, Sanya City Gov‚Äôt to Build ‚ÄėSmart City‚Äô with Blockchain

China‚Äôs¬†Ping An Insurance Group, one of the world's largest insurance corporations, and the Sanya municipal government signed a strategic cooperation agreement for ‚ÄúSmart City‚ÄĚ construction. The new project will be backed with¬†blockchain¬†tech, artificial intelligence (AI), big data, and cloud computing, the official state run press People‚Äôs Daily¬†reported¬†Nov. 14.

Chinese City in Hunan Province Launches Blockchain Platform for Real Estate Data

The Chinese city of Loudi has launched a blockchain platform to store real estate data, the Chinese Communist Party’s official newspaper, People’s Daily, reports Nov. 13.

New Chinese Blockchain Alliance Plans Development of Four Finance-Oriented Platforms

The ‚ÄúGuangdong, Hong Kong, and Macao Dawan District Blockchain Alliance‚ÄĚ has been established to promote synergy and innovation and jointly promote the development of the blockchain technology,¬†China News, the official state-run press agency, reported Nov. 9.

Skirting the Great Wall, Part Three: The Paradox of Cryptocurrencies in China

Next month marks the fifth-anniversary of the People Bank of China (PBoC)‚Äôs very first crypto regulatory intervention, with the issuance of its¬†‚ÄėNotice on Precautions Against the Risks of Bitcoin‚Äôin Dec. 2013.