In a significant move that could signal a shift in China’s crypto policy, tech giants JD.com and Ant Group, an affiliate of Alibaba, are reportedly urging the People’s Bank of China (PBOC) to approve yuan-pegged stablecoins. The proposal aims to counter the growing dominance of U.S. dollar-linked cryptocurrencies and boost international use of the Chinese currency. … [Read more...] about China’s tech giants push for offshore yuan stablecoins amid global crypto race
China’s JD.com joins digital yuan testing
JD.com Inc. will become the first online retailer to add support for government-backed digital currency … [Read more...] about China’s JD.com joins digital yuan testing
News in brief (November 2, 218): Dapper Labs, eTrade Connect, BlackRock, JD.com, Binance
- Dapper Labs, the company behind CryptoKitties, has secured $15 million in funding - A new blockchain-based trade finance platform eTrade Connect was launched in Hong Kong - BlackRock won't offer a cryptocurrency ETF until the industry is 'legitimate' - JD.com has launched a research lab for blockchain technologies in partnership with two technology institutes - Binance … [Read more...] about News in brief (November 2, 218): Dapper Labs, eTrade Connect, BlackRock, JD.com, Binance
Crypto news in brief (June 13, 2018): Bitcoin, Google trends, JD.com, LG, Monero, Tether
– Bitcoin still beats in Beyonce in Google search – JD.com plans to issue asset-backed securities – LG will develop blockchain for South Korea's Mint – 5% of Monero mined through malware – USDT was used for bitcoin price manipulation, claim researchers at the University of Texas … [Read more...] about Crypto news in brief (June 13, 2018): Bitcoin, Google trends, JD.com, LG, Monero, Tether