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Searching for: "Chinese regulation"

CHINESE REGULATION

 
Chinese Blockchain Regulation is more open and supportive for blockchain technology adoption but is not friendly for token related activities.

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Africa Crypto Adoption Sparks Regulation Concerns
The accelerated growth of blockchain technology in Africa recently has raised concerns over the possible implementation of knee-jerk regulation.

Twitter Bitcoin Hack Demonstrates That Crypto Fraud is Easier to Track Than Fiat
Cryptocurrency regulation was the hot topic during an ongoing panel hosted by the Association of Certified Financial Crime Specialists.

Chinese Police Arrest 27 Kingpins of Plus Token Bitcoin Scam Worth $5.7 Billion
Chinese authorities have arrested all 27 primary criminal suspects involved in the Plus Token Ponzi scheme that defrauded nearly 40 billion Chinese yuan, approximately $5.7 billion from victims.

Chinese Tech Company Tencent Launches Blockchain Accelerator
Tencent, the Chinese multinational conglomerate, on April 29, 2020, announced the launch of its new blockchain accelerator which is now open to both mature and early-stage blockchain-based startups. The 'Tencent Blockchain Accelerator' will allow the selected projects to reap special benefits like four mentoring meetings every year, a rich network of industry experts, and the opportunity to learn more about the international blockchain community.

From Zero Mentions to a Dedicated Section in CINIC Report: How Fast is Blockchain Growing in the Chinese Internet Industry
The China Internet Network Information Centre (CINIC) recently published “The 45th China Statistical Report on Internet Development”. Compared to the previous issue, it is worth noting that the CINIC covered blockchain development as a dedicated section in the latest report. The report highlighted the rapid blockchain development of China in three aspects: regulation, technical development and applications.

Oxford Law Researchers Call for Strict Cryptocurrency Regulation to Avoid Another Financial Crisis
Researchers at Oxford University Law Faculty claim that crypto market regulation is mandatory to prevent systemic risk in times of financial crisis.

Binance CZ: We Have No Immediate Plans for a Chinese Yuan-Based Stablecoin
Recent announcements have created waves in the blockchain industry. Binance has been making its way around the world, enabling better adoption and an overall understanding of crypto. With China’s President Xi Jinping urging its nation to use blockchain technology and its development, how is Binance leveraging on new collaborations around the world?

Chinese Firms Hold Overwhelming Majority of Global Blockchain Patents
Chinese firms have been stockpiling blockchain patent applications leaving other nations behind and outpacing the United States 3 to 1.

Chinese Military Likely to Employ Blockchain Management to Improve Performance
A report on Nov. 18 from the Chinese media Global Times, has stated that the Chinese military is likely to adopt blockchain technology to ensure proper management of personnel data, improve their training and performance in mission.

Chinese City Tests Blockchain-Powered Cross-Border Financial Platform
Nanning, a Southern Chinese City, located in Guangxi Region, has experimented with a blockchain-enabled cross-border financial platform.

Central Bank Official: Blockchain Application Ideal for Chinese Commercial Banks
Li Wei, the Technology Departmental Head of the People’s Bank of China, has urged Chinese commercial banks to embrace blockchain and digital finance.

Tether Launches Stablecoin Backed by Offshore Chinese Yuan
Reported in late August, Tether had made plans to add a new stablecoin pegged to the Chinese Yuan, named “CNHT.”