China State Media Urges ”Rational” Crypto Investments as Crypto Market Soars

China State Media Urges ”Rational” Crypto Investments as Bitcoin Soars

China has been in the news for the last few days, following a public endorsement of blockchain technology. Now, however, Chinese state media is urging investors to ”remain rational” as Bitcoin and other cryptos soar. Moreover, they are highlighting that Beijing’s approval of blockchain technology does not automatically translate to one for crypto. China urges … Continue reading China State Media Urges ”Rational” Crypto Investments as Crypto Market Soars

China Will Be World First to Launch Digital Currency, According to Think Tank Executive

China Will Be World First to Launch Digital Currency, According to Think Tank Executive

The last week has seen a lot of speculation regarding how China will proceed with its cryptocurrency and blockchain policy. Now, a Chinese think tank executive is arguing that China will be the first nation in the world to successfully launch a digital currency. China developing SWIFT replacement Specifically, this news comes from the Chinese … Continue reading China Will Be World First to Launch Digital Currency, According to Think Tank Executive

China’s President Calls For Accelerated Blockchain Technology Adoption

China’s President Calls For Accelerated Blockchain Technology Adoption

The growing adoption of blockchain technology may just have found an unlikely ally. Specifically, the Chinese president, Xi Jinping, recently urged for accelerated blockchain technology adoption. This is a notable development, seeing as Xi’s statements usually hold great importance for the future of the world’s most populous nation. Xi urges China to rush towards blockchain … Continue reading China’s President Calls For Accelerated Blockchain Technology Adoption

China Aims to Replace Cash with Two-Tiered Digital Currency, Says New Binance Report

A fresh research report from the major cryptocurrency exchange Binance speculates over details on China’s upcoming digital currency. Specifically, Binance suggests that the digital currency will most likely have a “two-tier” system. As such, this system could replace the fiat paper notes and coins currently in circulation. China’s digital currency will reportedly come with 1:1 … Continue reading China Aims to Replace Cash with Two-Tiered Digital Currency, Says New Binance Report