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Tag Archives: China

China In Record First $1.5 bln Blockchain Fund

Jul 24, 2018

Olusegun Ogundeji

Interest in blockchain seems to have gained momentum in China since the Chinese President, Xi Jinping, described the technology as having "breakthrough" applications. The friendliness has yielded yet another result: the capital of Jiangsu province, Nanjing City, announced the launch of a Y...

US/China Trade War: Any Effect on Bitcoin, Cryptos?

Jul 13, 2018

Olusegun Ogundeji

The world awaits yet another ruling on an Exchange Traded Fund (ETF) decision which may come earliest by Aug 10 if the Securities and Exchange Commission (SEC) follows the 45-day option. If they use the full 90 days consideration option since the June 26 notice of CBOE filing was...

Despite Odds, Experts Talk Of A $20,000 Bitcoin Price In Six Months

Jul 9, 2018

Olusegun Ogundeji

The cryptomarket cannot be said to have overcome its bearish trend and the space is still reeling in the unfortunate claim by Chinese billionaire, Li Xiaolai, that some big names in China’s cryptocurrency space are scammers. However, two market experts have maintained their reasons for Bitco...

PBoC Has Filed 81 Blockchain-related Patent Applications

Jun 5, 2018

lylian

As of May 30, 2018, PBoC (People’s Bank of China) has filed 81 blockchain-related patent applications, according to data from patent database of State Intellectual Property Office. Cryptocurrency and its underpinning blockchain technology have attracted tremendous attention from ...

Why China Could Be ‘Over-Protective’ of Digital Economy

Sep 8, 2017

Olusegun Ogundeji

A new report by the McKinsey Global Institute (MGI) seems to lay bare the rationale behind China’s overprotection of its digital economy especially as the Asian giant has demonstrated with cryptocurrencies. Globally, many cryptocurrency users tend to see some of the several checks and...