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China’s Fintech Stocks Soar Over 50% in 2019 Amid CBDC Anticipation

News China Securities Index Co. (CSI) Fintech Theme Index has risen over 50% in 2019, outperforming the broader market. Some stocks skyrocketing 200%According to a Reuters report on Sept. 26, stocks of China’s fintech firms have seen a notable surge this year amid investors’ anticipation of China’..

500,000 BTC Payout, Sudden Slump: Hodler’s Digest, Aug. 26–Sept. 1

Hodler’s Digest Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week..

Is Blockchain Payments Integration in Messenger Apps Good for Crypto?

Analysis Many cryptocurrency analysts and industry representatives are predicting that the increasing integration of blockchain payments with messenger apps will comprise the catalyst for the next wave of mainstream distributed ledger technology (DLT) adoption. However, critics are warning that th..

Report: No Bank Account Needed to Transfer China’s Upcoming CBDC

News Binance Research, the research arm of the major crypto platform Binance, has reported that no bank account will be necessary to use China’s Central Bank Digital Currency (CBDC). Loose coupling and anonymityBinance Research shared its findings on Aug 28. According to the report, China’s CBDC w..

China Central Bank Crypto Can Cannabalize Alipay, WeChat Pay — Analyst

News China’s answer to Facebook’s Libra digital currency could help the central bank attract business away from Alipay and WeChat Pay. Speaking to mainstream media outlet the South China Morning Post (SCMP) on Aug. 19, Cindy Wang, an analyst at DBS Group Research, said Beijing could profit from th..

Chinese National Cryptocurrency Turns Out Not Being an Actual Crypto

Follow up The People's Bank of China (PBoC) has completed the development of a prototype for issuing a national cryptocurrency, as Cointelegraph reported on Aug. 11. As it turned out, it will be powered by a two-tier operating system, which, however, will not be fully decentralized. What do w..

China’s Digital Currency Is Ready, Central Bank Says

News The People’s Bank of China (PBoC) has claimed that its digital currency “can now be said to be ready." According to PBoC deputy director Mu Changchun, a prototype that adopts blockchain architecture has been successfully developed after five years of research. His announcement, made at the Ch..

Digital Yuan: Weapon in US Trade War or Attempt to Manipulate Bitcoin?

Analysis After a short stay in the red zone, Bitcoin (BTC) has recovered toward $12,000, with traders turning bullish as ever. Experts call the United States-China trade war a key reason for the main cryptocurrency’s price fluctuations. Fuel to the fire has been added by the recent announcement by..

Currency War Erupts as US and China Bring Out the Big Guns

What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people fear losi..

Bank of China’s New Infographic Shows Why Bitcoin Price Is Going Up

News The Chinese central bank released on its website an infographic illustrating what is Bitcoin (BTC), how it works and why it’s valuable on July 26. A brief story: from Bitcoin to LibraThe infographic illustrates the story of Bitcoin, starting with the publication of its whitepaper in 2008, the..

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