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China’s Regulators Consider Suspending All ICOs

China’s Regulators Consider Suspending All ICOs

Regulators in China are discussing a plan to possibly suspend all initial coin offerings (ICOs) within the country, reports say. According to Tencent Finance, regulators proposed an action plan in a meeting on August 18 hosted by the financial market department of the People’s Bank of China (PBoC), the country’s central bank. Officials from China’s...

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Binance Announces a Platform Upgrade and Introduces New Features

Binance Announces a Platform Upgrade and Introduces New Features

Binance is one of a kind cryptocurrency trading platform, created by genuine digital asset lovers led by Zhao Changpeng. The platform, having made a name for itself for the quality services is now expanding its purview. The co-founder of Binance, Yi He while speaking at the recently concluded “The 4th Global Blockchain Summit 2017” on...

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Agricultural Bank of China Launches Blockchain-based Loan System

Agricultural Bank of China Launches Blockchain-based Loan System

On 1 August, ABC (Agricultural Bank of China) completed the 1st blockchain-based loaning business with the technical support from Hyperchain, a Hangzhou-based blockchain startup. The launch of “E-blockchain Loan” system marks the first practical blockchain-based user case in domestic banking industry. ABC is one of the four major state-owned bank in China. The product was...

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NEO Co-Founder Banks On Blockchain To Build A Smart Economy

NEO Co-Founder Banks On Blockchain To Build A Smart Economy

The financial world, ecommerce, and other industries that witness millions of transactions each day, should prepare for fast-moving changes in order to stay ahead of competition and facilitate the rise of new solutions as well as accommodate the growing needs of businesses and consumers alike. Today, ecommerce and the financial sector are being thoroughly shaken...

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ATMChain’s Project In China With 7,000 Intelligent Media Screens ‘Goes Blockchain’ Through DECENT

ATMChain’s Project In China With 7,000 Intelligent Media Screens ‘Goes Blockchain’ Through DECENT

The DECENT Network has announced that ATMChain, a new third-party application and an open platform ecosystem based on the blockchain network being developed on top of the DECENT Protocol, will support DCT as a method of payment in their Initial Coin Offering (ICO), which starts on August 8, 2017 at 14:28 (China, Beijing Time). Built on DECENT’s...

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How China Affects Cryptocurrency Markets

How China Affects Cryptocurrency Markets

If you spend any amount of time reading about cryptocurrency markets, it won’t take long until the subject turns to China. These topics can range from mining farms with government subsidized electricity, to major Chinese exchanges and pools, or to how “the great firewall” is affecting network traffic. The Economic State of China What I’d...

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Hong Kong Stock Exchange to Launch Blockchain-Powered Market in 2018

Hong Kong Stock Exchange to Launch Blockchain-Powered Market in 2018

The Hong Kong Stock Exchange (HKEX) is planning to launch a blockchain-powered private market aimed at helping smaller firms obtain financing. HKEX chief executive Charles Li detailed the plan, which would play out through a separate venture dubbed HKEX Private Market, in an August 1 note. The disclosure came in response to a question about tapping local technology...

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Solving China’s Food Safety Issues Through Blockchain

Solving China’s Food Safety Issues Through Blockchain

In preparation for the ICO campaign which is to be launched in September 2017,  Wabi  and Walimai are announcing the opening of the pre-sale campaign of the Wa token. The preICO sale is a great opportunity for the early contributors to take part in a project with rapidly growing sales which aims to solve the problem...

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A Chinese Bitcoin Tycoon and His Record-Breaking ICO

A Chinese Bitcoin Tycoon and His Record-Breaking ICO

One of China’s biggest bitcoin investors has raised approximately $82m in an initial coin offering (ICO), setting a new record for the novel fundraising method in China. Led by entrepreneur Li Xiaolai, Press.One bills itself as a decentralized content distribution platform based on the recently launched EOS blockchain. In total, the ICO collected 5,853 bitcoin, 106,757 ether and 30,430,519 EOS from 14,104...

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