Latest Posts with china tag

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China Adds Cryptocurrency to Inheritable Assets.

31 May 2020 1 minute read 0 comments Blockchain Times

According to the latest Chinese civil code, the government has added cryptocurrencies in its legally inheritable list of assets. The new law was passed at the 13th National People's Delegation's conference which was held in Beijing. President Xi Jinp...

China Urges Its Citizens To Avoid Illegal Investment Opportunities

30 May 2020 2 minute read 0 comments Cryptos.com

China might have banned public cryptocurrencies in the past, but it’s more than happy to work with blockchain technology under a legal and regulated framework. After last year’s ‘risk tips‘ for “virtual currency” investors, the Chinese government iss...

Why China’s Cryptocurrency Matters More Than Bitcoin

29 May 2020 4 minute read 10 comments MarkHelfman

Cryptocurrency advocates remain massed and ready to rush the barricades of traditional finance. Who will rise to lead this charge? The Chinese government, if you can believe that. It will soon launch a digital yuan on its nascent Blockchain Service N...

The authorities of the Chinese province of Sichuan demanded to ban mining

23 May 2020 1 minute read 1 comment Kluma

The local government threatens investigations and administrative penalties in case of failure to comply with orders Local authorities in the Chinese province of Sichuan have issued a notification to subordinate authorities demanding to ban cryptocurr...

CHINA ACCOUNTS FOR 65% GLOBAL MINING HASH POWER

22 May 2020 1 minute read 2 comments Blockchain Times

A bitcoin mining map produced by Cambridge University Centre of Alternative Financ Shows that 65% of Global mining is concentrated in China. The statistics are based on the IP addresses of the hashers connecting to the bitcoin mining pools BTC.com ,...

Miners started disabling equipment due to the drought in China

21 May 2020 1 minute read 0 comments Kluma

The rainy season in Sichuan province did not come in may, which caused a shortage of hydroelectric power in the region. Part of the mining farms in the Chinese province of Sichuan has turned off equipment due to lack of electricity, writes 8btc refer...

Chinese Communist Party Publishes a Guide On Blockchain Technology

20 May 2020 1 minute read 0 comments Abhi K

Chinese media outlets reported on May 10 that the Chinese Community Party has published a book about emerging technologies, including blockchain technology. Authored by The Central Party School, the book is intended to educate the public and official...

Chinese and India Soldiers Clash at Border

12 May 2020 1 minute read 1 comment AverageVancouverite

Dozens of Chinese and Indian soldiers exchanged physical blows and threw rocks during a clash on the shared border according to media outlets in the 2 nations. An army official from India states that 7 Chinese soldiers and 4 Indian soldiers were slig...

6 Core Technical Advantages of IRITA

8 May 2020 2 minute read 0 comments Cosmos Network Family and Friends

What is IRITA? Inter-Realm Industry Trust Alliance(IRITA) is the 1st enterprise-level permissioned blockchain product in Cosmos ecosystem Powered by Tendermint and IRIS SDK. It has 6 core technical advantages such as privacy-protecting data sharing w...

China's new blockchain project relies on familiar faces

7 May 2020 2 minute read 0 comments TheCryptokeeper

China is preaparing to launch its national blockchain platform, part of the country’s grand strategy to lead the digital transformation of the world economy. I set out to put together a truly comprehensive tour of the country and help myself to learn...