China Financial News
22.11 / 20:29
Law
Future
Law Decoded: Constitutions of the future will be ratified by DAOs, Nov. 15–22
A haphazardly assembled online group of passionate people who formed a decentralized autonomous organization, or DAO, and pooled a spectacular amount of Ether (ETH) for a noble cause came tantalizingly close to pulling off an incredible feat of collective action.
22.11 / 18:01
Blockchain
Ethereum
Stablecoin
Financial
Southeast Asian financial institutions turn to the Ethereum blockchain
Blockchain innovation is surging throughout Southeast Asia, as the region is home to a number of fintech firms and global crypto companies. In particular, Singapore has become one of the world’s most crypto-friendly countries.
22.11 / 11:49
Target
Strategy
China sets stage for easier monetary policy as central bank deletes language from new report
BEIJING — China's central bank removed several phrases on policy restraint in a quarterly report, a move economists said may be a sign that stimulus is on its way.
22.11 / 11:05
COST
UPS
JPMorgan
Costs
JPMorgan offers to reimburse Hong Kong bankers’ quarantine costs
JPMorgan has told Hong staff it will pay up to $5,000 back in compensation for their quarantine stay when they return to the city if they want to visit loved ones from December 1 to 22 November.
22.11 / 10:51
cryptocurrency
Bitcoin
National
Austria back in full national lockdown to battle coronavirus surge
Austria is back in a full national lockdown as it battles against a surge in coronavirus infections.
21.11 / 13:55
Sport
Ole Gunnar Solskjaer leaves Manchester United after humiliation at Watford
Ole Gunnar Solskjaer has parted ways with Manchester United. The announcement came on Sunday morning.
21.11 / 13:13
Digital
XRP
World Economic Forum releases findings of interoperability study on three CBDCs
Two CBDCs have been formally introduced and are recognized by international regulators. However, more are unfolding by the day or functioning on an unofficial basis. Naturally, the next question they must tackle is interoperability. To that end, the World Economic Forum [WEF] published its findings as part of the Digital Currency Governance Consortium White Paper series.
21.11 / 12:15
Bitcoin
China downgrades relations with Lithuania over Taiwan 'embassy' spat
China reduced the level of its diplomatic relations with Lithuania to below ambassador level Sunday in retaliation for the Baltic nation allowing Taiwan, the island democracy claimed by Beijing as part of its territory, to open a representative office.
21.11 / 12:15
Bitcoin
'We are fighting stupidity': In Ukraine, anti-vax sentiment fuels COVID crisis
As coronavirus infections hit Ukraine, a single shift for Dr. Oleksandr Molchanov now stretches to 42 hours — 24 of them in Kakhovka's hospital, followed by another 18 hours spent visiting tents set up to care for 120 COVID-19 patients.
20.11 / 20:45
Health
Bitcoin
Thousands join anti-COVID-19 restriction, vaccine protests in Prague, Rome
Thousands of protesters gathered in Vienna on Saturday after the Austrian government announced a nationwide lockdown to contain the quickly rising coronavirus infections in the country.
20.11 / 16:35
Ethereum
Bitcoin
Bitcoin ban: These are the countries where crypto is restricted or illegal
Bitcoin has been controversial since its beginning in 2009, as have the subsequent cryptocurrencies that followed in its wake.
20.11 / 13:11
Blockchain
Adoption
Bitcoin
Foundry USA becomes second-largest Bitcoin mining pool amid China ban
New York-based crypto-mining service provider Foundry USA takes the lead to become the world’s second-largest Bitcoin (BTC) mining pool after taking up a 15.42% share of the network.
20.11 / 12:27
Environment
Money
Bitcoin
Mining Bitcoin is putting communities on the frontline of the climate crisis at risk, say experts
The rise of cryptocurrencies could disproportionately impact those most vulnerable to the climate crisis, a new paper has found.
20.11 / 01:25
UPS
Binance
CEO
Customer
Singapore-based OCBC looking to set up crypto exchange, to address customer needs
Singapore-based Oversea-Chinese Banking Corp.(OCBC) is mulling over setting up a crypto-exchange, as per a report by Bloomberg.
19.11 / 19:35
ETF
SEC
Lightning Network
Bitcoin
Grant
Wasabi Lightning Wallet Grant, Binance's New Integration & Funding, Norway Crypto Mining Ban Talk + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
19.11 / 19:29
Provident
Digital
Cooper
Assurant
digital euro
European Central Bank exec stresses on making digital euro ‘attractive’ to users
In early November, a Chinese central bank official claimed that over 123 million personal wallets had been activated for the e-CNY. Meanwhile, a Nigerian central bank spokesperson reported that users of Nigeria’s eNaira wallet were nearing half a million.
19.11 / 13:16
Sport
Austria extends COVID lockdown and makes vaccination mandatory from February 1
Austria has extended a COVID lockdown to its entire population and made vaccination mandatory from February 1.
19.11 / 10:45
FIVE
Blue Whale’s Stephen Yiu on why he loves inflation, but isn’t interested in China
As the world slowly begins to emerge from the Covid pandemic, investors are starting to re-evaluate portfolios and question whether what worked over the past 18 months will continue to deliver under a new normal. Inflation, the rise of China, and the unstoppable march of tech stocks are among some of their main considerations.
18.11 / 15:21
UPS
Maxim
Evergrande default is highly likely, S&P says
BEIJING — Highly indebted property developer China Evergrande will likely default because the company has essentially lost its main business, S&P Global Ratings analysts said in a report Thursday.
18.11 / 11:49
Ethereum
Bitcoin
Bitcoin Price
Bitcoin prices retreat for 4th day: What's cooking?
By Joanna OssingerBitcoin dropped further below $60,000 to its lowest level in about three weeks amid a broader decline in cryptocurrencies, as concerns about U.S. taxation and China’s continued crackdown swirled.
18.11 / 06:07
breaking news about China
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