BEIJING (Reuters) – China’s stimulus measures will shore up economic growth this year and next but may undermine the country’s drive to control debt and worsen structural distortions over the medium … ( read original…
Tagged By blockchain
The Ledger: China’s Bitcoin Ban, Crypto Endowments, Arbitrage bots
The prospective ban does not come as a surprise. China has been unfriendly to cryptocurrency—the permission-less, public blockchain variety—for a while. It banned so-called initial coin … ( read original story …)
VW says China to become global software development hub to autonomous tech
Volkswagen has 4,000 engineers in China, with an average age of 29, spread over five research and development sites and a rapidly growing number of software engineers. “In a short period from now they ……
China first quarter GDP growth seen cooling to 6.3 percent, but March may suggest rebound: Reuters poll
SIGNS OF SPRING March data will provide more details on the health of China’s domestic demand, covering industrial output, retail sales, property sales and investment, and fixed asset investment. … ( read original story …)
China approves 197 blockchain firms, inc. Alibaba, JD.com
E-commerce giants Alibaba and JD.com have made it onto China’s cyberspace administration’s first list of registered blockchain service providers. There are 197 companies in all, with Alibaba … ( read original story …)
Chinese Regulator Approves First 197 Blockchain Firms, Including Tencent, Alibaba, Baidu
China’s cyberspace administration has released the first list — 197 companies long — of registered blockchain service providers, according to their March 30 notice. Chinese initiatives by … ( read original story …)
Blockchain Use in Finance Still Faces Major Challenges: Chinese Researcher
head of blockchain research at China’s government-backed research center says According to Wei, despite blockchain’s potential to transform a number of industries, tech disruptors have not … ( read original story …)
China Weighs Bitcoin Mining Ban Over Environmental Concerns
China has an ongoing love-hate relationship with blockchain technology. On one hand, the government openly touts blockchain tech, going as far as claiming it has bigger potential than the internet … ( read original story…
China Academy of Information and Communications Technology partners with R3
The China Academy of Information and Communications Technology (CAICT) has joined enterprise software firm R3 to collaborate with its global legal and regulatory community to share best practices … ( read original story …)
$60 Million and Rising: China’s Crypto Funds Try Lending to Beat Bear Market
Crypto investment firms in China have turned to lending for a steady revenue stream to get through the bear market, including Bixin Capital, FBG Capital and Dong Zhao’s DGroup. Each of these firms … (…
Will China Ban Crypto Mining?
On April 9, Reuters reported that a Chinese government agency is considering the elimination of crypto mining in the country. Given that China has been hosting the majority of mining pools on its … (…
China’s Crypto Rules Could Tighten As the Government Mulls Cryptocurrency Mining Ban
The top economic body in China has recommended some new rules that would see the government close down all cryptocurrency mining facilities in the country. The top economic body in China has … ( read…
In China, bitcoin mining moguls are scrambling to survive
China has 70 per cent of the world’s crypto-mining capacity, and over 70 per cent of that capacity is nestled in the mountains of Sichuan, where abundant hydroelectric power makes the price per … (…
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