China is among the top four of countries ranking highest in grassroots decentralized finance (or DeFi) adoption, according to Chainalysis’ 2021 Global DeFi Adoption Index Top 20 released on Tuesday August 24. The report, the first of the geographic index ranking countries by DeF...
Despite reporting global cryptocurrency adoption skyrocketing, China and the U.S. dropped in their global adoption index ranks, latest data from blockchain data platform, Chainalysis shows. Crypto adoption grows 800% in one year The firm's data shows that residents of mor...
China Construction Bank (CCB), one of the largest banks in the world has announced that it has withdrawn plans to sell $3 billion worth of debt on blockchain technology. On November 23, China Construction Bank’s branch in Labuan, a Malaysian offshore financial center informed Fusa...
China has maintained a leadership role in the Bitcoin and cryptocurrency industry. Almost every major startup in this industry and other related technologies look forward to some kind of affiliation with China. Considering one of the fundamental aspects of the cryptocurrency industry, which is ...
As a continent where government-led initiatives favor technology adoption, Asia is poised to see a surge in blockchain adoption starting next year, according to the CTO of public blockchain infrastructure IOST. Terry Wang, in sharing their outlook for blockchain (and the crypto industr...
As the year draws to an end, the branding of 2019 as the year of decentralized finance (or DeFi) seems to have paved the way for industry insiders to make projections on what the coming year would bring for the concept. DeFi has become easily topical even though many are still grappling with u...
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