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Interview with Jay Zhou, CMO of Loopring

Interview with Jay Zhou, CMO of Loopring

The year 2017 definitely marks the big breakthrough of cryptocurrencies. Not only did the price of Bitcoin skyrocket, but altcoins also gained a lot of attention. This caused more people to join the investment craze and launch their own coin through initial coin offerings (ICOs) in order to attract funding for their projects. In the...

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PBOC Digital Currency Director Calls for Centralized State Cryptocurrency

China may not recognize bitcoin as a legal currency, but it seems to have a clear vision for a state-issued alternative. At a meeting hosted by the International Telecommunication Union this week, Yao Qian, the Director of the Digital Currency Research Institute under the People’s Bank of China, reportedly boasted about the potential of a state-owned digital...

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Chinese blockchain and crypto expert shares his outlook after China’s crackdown

Lao Mao, former COO of Yunbi and co-founder of INBlockchain expressed his view on the recent turmoil in the Chinese cryptocurrency market and his outlook for the future of bitcoin, both in China and globally. According Lao Mao, the supervision storm in September froze the cryptocurrency market in China immediately. However, he believes that cryptocurrencies...

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Chinese government shows zero tolerance attitude towards cryptocurrencies

Shortly after the Chinese government banned initial coin offerings (ICOs) in the beginning of last month, bitcoin exchange platforms have been shut down progressively in China, as well as the trading with RMB. In a statement through Xinhua (state-owned news agency), the government mentions that the reasons for this crackdown are mainly because of the...

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NEO token on the way to reaching August price

NEO, previously known as Antshares, has almost fully recovered after a month of China fud. With the ICO ban being implemented by the Chinese government, the most famous China based crypto project took a strong hit. On the day the news was published NEO fell nearly 40%. The lack of clarity in China about the regulatory framework for cryptocurrencies and exchange platforms kept the price low during mid September....

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Mining in China continues despite rumours on crackdown

While uncertainty looms over the future of cryptocurrencies, there is still strong interest in bitcoin mining in China. As we come to the end of September, cryptocurrency exchanges are to halt all trading. Yet no regulatory ban has been imposed on bitcoin mining. In addition, in an earlier stage Litecoin creator Charlie Lee claimed the...

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Da Hongfei Interviewed by Leading Dutch Financial Newspaper

Da Hongfei Interviewed by Leading Dutch Financial Newspaper

On 23 September, Het Financieel Dagblad, a leading Dutch financial newspaper published an article with Da Hongfei, the founder of NEO. The article was written by Sjoerd den Daas and was published in Dutch. Below a short summary with the key points mentioned by the charismatic driver of NEO: – The storm on the Chinese market is over, claims Da...

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First Blockchain Asset Backed Security Traded on Shanghai Stock Exchange

First Blockchain Asset Backed Security Traded on Shanghai Stock Exchange

On September 21st, Caixin published an article announcing that the “Baidu-Chang’anxinsheng-Tianfeng 2017 First Phase of Asset-Backed Securities” are now traded on the Shanghai Stock Exchange, making it the first blockchain-based ABS publicly traded on Chinese exchanges. According to CN stock, the value of the ABS issuance is 400 million CNY, with preferred A class of...

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Bitkan presents documentary “Bitcoin – Shape the future”

Bitkan presents documentary “Bitcoin – Shape the future”

On September 20th, the Blockchain Global Summit took place in Hong Kong.One of the highlights during the event was the premiere of China’s first bitcoin documentary: “Bitcoin – Shape the future”, presented by Bitkan, and supported by Bitmain, Huobi, ViaBTC and Bixin. The 45 minutes long film shows the history and development of bitcoin in...

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Huobi and OKCoin’s leaders cannot leave Beijing upon further investigation

Huobi and OKCoin’s leaders cannot leave Beijing upon further investigation

On Monday, Caijing quoted from informed sources that the current leaders and executives of Bitcoin exchanges should not leave Beijing to cooperate with the investigation. According to the regulatory requirements, the shareholders of each trading platform, the actual controllers, the executives, the financial leaders, etc. should cooperate with the relevant authorities in Beijing during the ....

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