China Archives - Page 11 of 15

End of Ban? China Merchant Bank Invests in Crypto Wallet Platform

October 28, 2019

As the Chinese government is setting the stage to embrace digital currencies once again, the market is signaling another rush in the sector. This time, major financial players are not shy to dip their toes i...

Chinese FX Regulator Eying to Bring Blockchain in Cross-Border Financing

October 28, 2019

China’s interest in capturing cross-border financing markets surfaced as the country is evaluating the uses of blockchain and artificial intelligence (AI) in the area, Reuters reported on Sunday. Revealed by...

Bitcoin Jumps as Xi’s Speech About Blockchain Seen as Catalyst

October 25, 2019

Bitcoin shot higher today and peaked just shy of the $8,800 level for the first time in two weeks, buoyed by Chinese president’s speech that his nation must take all advantages offered by the blockchain techn...

Binance Launches P2P Crypto Trading Against Chinese Yuan

October 9, 2019

Crypto exchange Binance on Wednesday announced the launch of peer-to-peer (P2P) trading for Bitcoin, Ether, and Tether against the Chinese yuan (CNY). The exchange detailed that the P2P trading service will ...

Binance to Tap Chinese Market with Fiat-Crypto OTC Trading

September 19, 2019

Crypto exchange Binance is considering to jump in the over-the-counter (OTC) trading field by adding the service to its platform in a month. First reported by Coindesk, the new service will provide gateways ...

Alibaba, Tencent Among First Recipients of Chinese Central Bank’s Crypto

August 28, 2019

As the launch of China’s central-backed digital currency is looming, the bank has decided to distribute the crypto to seven banks and tech giants, according to a Forbes report. Among the names that are about...

Scam Victims Try to Break Into TRON China Office

July 8, 2019

A wave of controversy broke on top of cryptocurrency firm TRON this Monday after videos of Chinese police in its offices began circulating online. It’s unclear as to where the videos were first published but...

China Approves 197 Blockchain Firms, Baidu and Alibaba Listed

April 3, 2019

China’s top-level internet censorship agency has unveiled the first round of firms that were successful in their applications to begin their blockchain-related services in the country. Besides start-up compa...

China’s Alibaba Settles Trademark Dispute with Alibabacoin

March 11, 2019

The dispute between Dubai-based cryptocurrency firm Alibabacoin Foundation and ABBC seems to have come to an end. The developer of ABBC Coin and MC wallet today said it had reached an agreement to settle a l...

Citigroup Switches up Markets and Securities Teams in China

February 15, 2019

Banking giant Citigroup announced two key changes to its Chinese business on Friday. Ji Yang has been appointed Head of Markets and Securities Services, and Vicky Tsai will be working as Head of Securities S...