China Loses Third Bank in Three Months as Economy Hits 30-Year Low
China's economic growth continues to slow down, causing a number of banks to close due to difficult conditions. Hengfeng bank ...
Tag: china
China Digital Currency ‘Progressing’, But Still No Launch Date
The People's Bank of China recently published an update on the development of its national cryptocurrency, stating that it is ...
How 2020 Will Become The Year of The Crypto Stablecoin
The past two years have opened the eyes of the world to crypto currencies. Showing particular interest has been central ...
Hong Kong Institute of Bankers Adds 6 Virtual Banks
In another example of the growing appeal of virtual banking in Hong Kong, six licensed virtual banks in the city ...
China Forces Bitcoin Miners to Scale Down Amid Electricity Shortfall
With the dry season approaching, Bitcoin miners in China’s Sichuan province may be forced to reduce their electricity consumption. Prioritizing ...
Looking at Crypto’s 2020 Outlook Through the Politico-Economic Lens
The impact of 2020's economic and political events could have a lasting effect on the future of crypto assets, although ...
China Might Adjust FX Regulation for Cryptos
China is about to broaden the scope of its blockchain pilot in cross-border financing, Reuters reported Tuesday, citing a government ...
Could Bitcoin Halving Lead to a Mining Collapse?
Many are pinning their hopes on next year’s bitcoin halving as the catalyst for another bull rally. There may be ...
