As China's central bank gets ready to launch its own cryptocurrency, Forbes has reported that seven institutions will be among the first to receive and interact with it.
Mu Changchun, deputy director of the PBOC’s payments department, said at an event held by China Finance 40 Forum over the weekend that the bank’s own cryptocurrency is “close to being out.”
Cryptocurrency platform Tron Foundation, announced on July 23 in a Twitter post that its founder and CEO Justin Sun is postponing the Warren Buffett Lunch and press conferences.
The blockchain ecosystem in China is taking shape, with great increases in the number of enterprises and diversified applications according to China’s Ministry of Industry and Information Technology (MIIT).
Binance, a major cryptocurrency exchange, announced the purchase of Trust Wallet on July 31. This is Binance’s first acquisition and the aim is to add an on-chain mobile wallet to its list of services with other integration possibilities in the future.
As a TechBuzz China listener, you must be at least a little bit crypto-curious. This week on TechBuzz China, we talk in-depth about Bitmain, the most valuable company in the cryptocurrency space that happens to be from China.
Currently there is no hotter topic than blockchain in China where “3AM Sleepless Blockchain Communities” are rumoured to thrive. What is blockchain you ask? It is a technology developed to keep track of Bitcoin transactions whose usage have expanded with its popularity.
Bitcoin China (BTCC), the world’s oldest Bitcoin exchange platform and the first and the largest digital currency exchange in China, announced it was purchased by a Hong Kong block chain fund on January 29.
