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Alibaba Founder Jack Ma Shares His View on the Future of Bitcoin

During a public event where people could ask questions to Jack Ma, a girl from the audience asked the flamboyant founder and executive chairman of Alibaba about his view on the future of bitcoin. Jack Ma starts off by stating he is not a big fan of bitcoin, but does pay a lot of attention

By | November 9th, 2017|Categories: News|0 Comments

Former Bank of China president: ‘Blockchain will have a bright future in the finance industry’

Despite China’s central government banning ICOs and RMB trading on centralized exchange platforms within the country, bitcoin and other cryptocurrency trading is still ongoing through OTC channels. Additionally, OkCoin and Huobi moved their operations to Hong Kong launching Okex and Huobi Pro respectively. Both platforms launched their C2C model, which includes RMB fiat trading. It

By | November 7th, 2017|Categories: News|0 Comments

Alibaba and Jingdong implementing blockchain to fight counterfeit goods

China has long suffered from an epidemic of fake products, from hard alcohol to Louis Vuitton bags. Now, equipped with blockchain technology, the country’s ecommerce giants are tightening up their supply chains. Through QR codes – the ubiquitous portal between the real and online world in China – JD and Alibaba are giving physical products

By | October 18th, 2017|Categories: News|0 Comments

Interview with Jay Zhou, CMO of Loopring. On decentralized exchanges, Loopring’s project, international expansion and more

The year 2017 definitely marks the big breakthrough of cryptocurrencies. Not only did the price of Bitcoin skyrocket, but altcoins also gained a lot of attention. This caused more people to join the investment craze and launch their own coin through initial coin offerings (ICOs) in order to attract funding for their projects. In

PBOC Digital Currency Director Calls for Centralized State Cryptocurrency

China may not recognize bitcoin as a legal currency, but it seems to have a clear vision for a state-issued alternative. At a meeting hosted by the International Telecommunication Union this week, Yao Qian, the Director of the Digital Currency Research Institute under the People's Bank of China, reportedly boasted about the potential of a state-owned digital

By | October 14th, 2017|Categories: News|0 Comments

Chinese blockchain and crypto expert shares his outlook after China’s crackdown

Lao Mao, former COO of Yunbi and co-founder of INBlockchain expressed his view on the recent turmoil in the Chinese cryptocurrency market and his outlook for the future of bitcoin, both in China and globally. According Lao Mao, the supervision storm in September froze the cryptocurrency market in China immediately. However, he believes that cryptocurrencies

By | October 12th, 2017|Categories: News|0 Comments

Chinese government shows zero tolerance attitude towards cryptocurrencies

Shortly after the Chinese government banned initial coin offerings (ICOs) in the beginning of last month, bitcoin exchange platforms have been shut down progressively in China, as well as the trading with RMB. In a statement through Xinhua (state-owned news agency), the government mentions that the reasons for this crackdown are mainly because of the

By | October 5th, 2017|Categories: News|0 Comments

NEO token on the way to reaching August price

NEO, previously known as Antshares, has almost fully recovered after a month of China fud. With the ICO ban being implemented by the Chinese government, the most famous China based crypto project took a strong hit. On the day the news was published NEO fell nearly 40%. The lack of clarity in China about the regulatory framework for cryptocurrencies and exchange platforms kept the price low during mid September.

By | September 28th, 2017|Categories: News|0 Comments

Mining in China continues despite rumours on crackdown

While uncertainty looms over the future of cryptocurrencies, there is still strong interest in bitcoin mining in China. As we come to the end of September, cryptocurrency exchanges are to halt all trading. Yet no regulatory ban has been imposed on bitcoin mining. In addition, in an earlier stage Litecoin creator Charlie Lee claimed the

By | September 27th, 2017|Categories: News|0 Comments

Da Hongfei Interviewed by Leading Dutch Financial Newspaper

On 23 September, Het Financieel Dagblad, a leading Dutch financial newspaper published an article with Da Hongfei, the founder of NEO. The article was written by Sjoerd den Daas and was published in Dutch. Below a short summary with the key points mentioned by the charismatic driver of NEO: - The storm on the Chinese market is over, claims Da

By | September 24th, 2017|Categories: News|0 Comments