china

Beijing Blockchain

Beijing fighting Invoice Fraud with Blockchain

Beijing fighting Invoice Fraud with Blockchain 1024 500 Crypto Rand Group

Following a successful rollout in Shenzhen last year, China’s blockchain invoicing system is being introduced to the capital. On March 2, the Beijing Municipal Office of the State Administration of…

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China digital coronavirus

China’s Digital Currency Delayed due to Coronavirus

China’s Digital Currency Delayed due to Coronavirus 1024 500 Crypto Rand Group

Research on a central bank digital currency (CBDC) in China has been delayed as the coronavirus epidemic continues. Global Times reported on Feb. 25 that the epidemic’s impact on staff…

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Japan China cryptocurrency

Japan Urges China to delay its Cryptocurrency

Japan Urges China to delay its Cryptocurrency 1920 1080 Crypto Rand Group

Japanese finance minister Taro Aso has told G20 central bank governors and finance ministers to delay their digital currency plans, claiming that most countries are not ready to issue digital…

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Chinese crypto exchange

Chinese Crypto Exchange closes, Still $125 Million Left Unpaid

Chinese Crypto Exchange closes, Still $125 Million Left Unpaid 1024 500 Crypto Rand Group

Zhang Jian, founder of Chinese crypto exchange Fcoin, revealed in a post earlier today that FCoin may not be able to pay the 7,000-13,000 BTC (that’s $67 million to $125…

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Japanese Digital Yen

Japanese Government Pushing the Digital Yen to Counter China

Japanese Government Pushing the Digital Yen to Counter China 1024 500 Crypto Rand Group

Another Japanese lawmaker has publicly called for the swift development of the digital yen. The head of the banking and finance systems research commission at Japan’s Liberal Democratic Party, Kozo…

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Social credit

Chinese Experts Wants “Social Credit” to Use Blockchain

Chinese Experts Wants “Social Credit” to Use Blockchain 1024 500 Crypto Rand Group

Chinese technology experts held a seminar titled “Blockchain technology helps China’s new social credit system” on Jan. 14. English-language news outlet China.org.cn reported on Jan. 22 that over 20 experts…

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China Party Crypto

China hopes for Communist Party to Join Crypto

China hopes for Communist Party to Join Crypto 1024 500 Crypto Rand Group

The Communist Party of China (CPC) wants high ranking government staff to learn about cryptocurrency and blockchain – and has approved the release of a new book specially designed for…

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Baidu Dapps

Baidu Helps Small Businesses to Build Dapps

Baidu Helps Small Businesses to Build Dapps 1024 500 Crypto Rand Group

Chinese internet giant Baidu launched on Monday a blockchain-based service for developers and small and medium-sized businesses to build decentralized applications or dapps.  The new service, translated from the Chinese…

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China Digital

People’s Bank of China: Digital Yuan is “Progressing Smoothly”

People’s Bank of China: Digital Yuan is “Progressing Smoothly” 1024 500 Crypto Rand Group

China’s central bank, the People’s Bank of China, reports that it is “progressing smoothly” with its development of a government-backed digital currency. The bank issued its statement during a working…

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electronic ID

Blockchain-Powered Electronic ID launching in Shenzen

Blockchain-Powered Electronic ID launching in Shenzen 1024 500 Crypto Rand Group

Per news agency Xinhua and media outlet the Global Times, local authorities in Shenzhen have launched a blockchain-powered electronic ID platform compatible with 24 forms of identification and certification. Residents…

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