China – CryptoPurview https://cryptopurview.com Fri, 22 Nov 2019 13:34:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://cryptopurview.com/wp-content/uploads/2022/10/CP-logo.png China – CryptoPurview https://cryptopurview.com 32 32 China steps-up countywide investigation on Crypto-related businesses https://cryptopurview.com/china-steps-up-countywide-investigation-on-crypto-related-businesses/ Fri, 22 Nov 2019 13:21:58 +0000 https://cryptopurview.com/?p=7731 After Shanghai, the Shenzhen government is also now investigating cryptocurrency exchanges. The move comes to be a fresh step to crack down on crypto-related businesses in China. As per the...

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]]> Chinese digital currency is the perfect excuse for Libra https://cryptopurview.com/chinese-digital-currency-is-the-perfect-excuse-for-libra/ Tue, 19 Nov 2019 17:48:12 +0000 https://cryptopurview.com/?p=7627 There’s a very interesting saying that almost every culture uses and that’s “Fighting fire with fire”. This phrase has not been more relevant than in the United States-China trade war...

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]]> How China plans to design an auditable – permission blockchain payment system https://cryptopurview.com/how-china-plans-to-design-an-auditable-permission-blockchain-payment-system/ Mon, 18 Nov 2019 23:26:00 +0000 https://cryptopurview.com/?p=7603 Recently People Bank of China (PBoC) said that the main purpose behind creating a new blockchain-based payment system is to mitigate the financial risk posed by existing electronic payment platforms...

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]]> China still in the process of research and testing its digital currency https://cryptopurview.com/china-still-researching-and-testing-its-digital-currency/ Wed, 13 Nov 2019 23:34:09 +0000 https://cryptopurview.com/?p=7556 The People Bank of China (PBoC) has released a statement on Nov.13 that reports of PBoC have issued the digital currency is false. Adds it has not authorized any asset...

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]]> China taking a leading role in blockchain development https://cryptopurview.com/how-the-chinese-market-is-benefiting-from-blockchain/ Wed, 06 Nov 2019 19:09:26 +0000 https://cryptopurview.com/?p=7305 A few days back, the price of bitcoin exhibited a bearish momentum falling to an almost staggering $7,300. Many anticipated Bitcoin was on the verge of another downfall. Fortunately, the...

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]]> Holders of China’s digital currency would not receive interest payments https://cryptopurview.com/holders-of-china-digital-currency-would-not-receive-interest-payments/ Wed, 06 Nov 2019 10:48:00 +0000 https://cryptopurview.com/?p=7293 More details about China's digital currency have been revealed. As per the official, holders of the currency would not receive interest payments.

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]]> China launches blockchain-based identification system for smart cities https://cryptopurview.com/china-launches-blockchain-based-identification-system/ Mon, 04 Nov 2019 16:15:41 +0000 https://cryptopurview.com/?p=7226 China publishes a blockchain-based system for identification. The system will integrate with the existing infrastructure of smart cities, facilitating data sharing to make life easier for residents and improve local...

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]]> China’s state newspaper urges investors to stay rational with blockchain investment https://cryptopurview.com/china-urges-investors-to-stay-rational-with-blockchain-bitcoin-investment/ Tue, 29 Oct 2019 10:43:30 +0000 https://cryptopurview.com/?p=6947 People’s daily newspaper published by China ruling communist party on Monday urged investors to remain rational as stock prices of blockchain firms or tech firms believed to be engaged in...

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]]> China passes cryptography law. To be effective from Jan 1st, 2020 https://cryptopurview.com/china-passes-cryptography-law/ Sat, 26 Oct 2019 20:54:51 +0000 https://cryptopurview.com/?p=6751 The Standing Committee of China National People Congress voted on Oct 26 to pass cryptography law, which will go into effect on Jan 1, 2020. The new law focuses on...

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]]> President Xi wants China to take the leading position in blockchain https://cryptopurview.com/president-xi-wants-china-to-take-leading-position-in-blockchain/ Sat, 26 Oct 2019 12:00:16 +0000 https://cryptopurview.com/?p=6742 China’s President Xi Jinping said China should take a leading position in the development, research, and investment in blockchain technology. He made the remarks in the 18th Political Bureau of...

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