Posts Tagged ‘China’
Fintechist China US Dollar

China and Russia may Turn the US Dollar Into a Secondary Reserve Currency

by JP Buntinxon August 6, 2017
It has become quite difficult to determine the economic superpower of the world. The world’s economy hinges on the US Dollar, or so it would seem. China is in a strong position to disrupt everything, although their official number raises a lot of questions. It all depends on how you want to look at things. […]
Chna Blockchain Social Security

China Goes All In On Blockchain Tech For National Social Security Fund

by JP Buntinxon September 13, 2016
Blockchain technology is making its way into multiple aspects of our daily lives. China, of all countries, wants to use distributed ledgers for social security funds. This is quite a surprising turn of events, to say the least. Up until now, China has been very quiet on the blockchain front, despite a growing interest in […]

Fintechist_Bitcoin Price Bullish

Bitcoin Price Charts Shows Signs Of Bullish Behavior

by JP Buntinxon September 12, 2016
Most people will have noticed the Bitcoin price is gaining momentum once again. Although it is never easy to tell where this sudden interest comes from, it is an exciting development. With the Bitcoin value surpassing US$600, it looks like investors and speculators are preparing for another price increase. It has to be said; Bitcoin […]
Baidu Bans Bitcoin Ads

Chinese Search Engine Baidu Bans All Bitcoin Advertisements

by JP Buntinxon August 27, 2016
Bitcoin companies attempt to reach a bigger audience by advertising on various platforms. Search engines are one of the most popular ways to do so. Baidu, China’s largest search engine, decided to remove all cryptocurrency-related advertisements a few days ago. This is somewhat surprising, as there does not seem to be a clear reason to […]

OKCoin Money Laundering

OKCoin Loses Money Laundering Appeal In Civil Court

by JP Buntinxon August 14, 2016
Trouble is brewing for the OKCoin Bitcoin exchange by the look of things. To be more precise, the exchange’s parent company is forced to pay damages for facilitating money laundering. This decision was made by a Chinese civil court a few weeks, but the news only became public yesterday evening. Given the legal grey area […]
ChBTC Ethereum Classic

Major Chinese Exchange To List Ethereum Classic Later Today

by JP Buntinxon August 1, 2016
Despite what some people may have wanted to see, Ethereum Classic continues to receive strong support from the cryptocurrency community. Whereas other currencies have a difficult time getting listed on Chinese exchanges, ETC is quickly becoming a fan favorite. CHBtc, one of the largest exchanges in China, added Ethereum Classic a few hours ago. Venturing […]