Atlas Organization founder Jonathan Ward on China creating its own version of a digital currency and how the Biden administration can create competitive policies.
Monthly Archives For April 2021
Policy assessments for the carbon emission flows and sustainability of Bitcoin blockchain operation in China
By investigating carbon emission flows of Bitcoin blockchain operation in China with a simulation-based Bitcoin blockchain carbon emission model, we find that without any policy interventions, the …
China First Major Economy to Issue Digital Currency
Some even think China plans to make all Yuan digital at one point. China is only the second country and the first major economy to officially launch a blockchain version of its own currency. According…
Bitcoin Mining Operations in China Threaten Climate Goals
The energy consumption and carbon emission from Bitcoin mining will undercut China’s climate efforts without more stringent regulations and policy changes, according to a study published in Nature …
China’s Bitcoin Mining Rush Risks Derailing Climate Goals
“The intensive bitcoin blockchain operation in China can quickly grow as a threat that could potentially undermine the emission reduction effort,” co-author Wang Shouyang from the Chinese Academy of …
China’s bitcoin mining threatens climate goals as energy consumption overtakes Italy and Spain
The process of ‘mining’ the cryptocurrency has previously come under fire from critics due to its energy intensity …
Ebang Plunges After Hindenburg Short of China Crypto Mining Machine Group
“Ebang is yet another cautionary tale for inexperienced retail investors enthused by anything crypto-related,” Hindenburg said. “As is so common with other ridiculous China-based schemes, the company …
Short seller Hindenburg Research says Ebang International is a crypto ‘China hustle’ taking US investors’ cash
Hindenburg Research says Ebang International is inflating volume metrics for its crypto exchange and exaggerating bitcoin mining machine sales.
China Business Confidence Hits 10 Year High
The vast majority of Asian equity markets reopened today on light volumes and little news. Meanwhile, Hong Kong and Thailand enjoyed another day off.The private survey of purchasing managers conducted …
Renovations Continue On Historical Sites in Beijing, China
Renovations continue on the Drum Tower on the historic Houhai Lake in Beijing on Tuesday, April 6, 2021. Most historical buildings in China’s capital undergo renovations almost all-year long in order …
Man Loads Bikes on Flatbed Truck in Beijing, China
A Chinese driver loads ‘bike-share’ bikes on a flatbed truck in Beijing on Tuesday, April 6, 2021. Despite the incredible popularity of the bike share schemes in China’s major cities, many locals are …
China’s Bet U.S. Is Bluffing on Taiwan War Risks Dangerous Miscalculation
It seems all that now stands between China and the regime’s desire to drag Taiwan under its direct control is the strength of America’s hand, which Beijing may soon force Washington to show. Taiwan …
IMF Lifts China Growth Forecast To 10-year High
“Tensions between the United States and China remain elevated on numerous fronts, including international trade, intellectual property, and cybersecurity,” it said. Meanwhile, it expects mild fiscal …
