Tag Archives: Chinese

[ad_2][ad_1] Tens of millions of dollars were reportedly raised to help Wuhan, a city in central China with 11 million people, recover from the coronavirus outbreak earlier this year. However, charities in China are not widely trusted. Now, Chinese banking and digital payment giants have built blockchain-based platforms to address …

[ad_2][ad_1] A blockchain-based medical record system is gradually enabling mainland China to resume cross-border tourism in Macau. The platform makes it quick and easy for tourists from mainland China to check their health status when entering Macau, taking just 3 seconds. Although it has only been in use for a …

[ad_2][ad_1] Wu Zhongze, a former Chinese Deputy Minister for Science and Technology and a well-known expert on the digital economy, believes blockchain technology is still quite young. During an interview with The paper, the former IT minister also said that “there was still not much difference between the position of …

[ad_2][ad_1] Get the best cryptocurrency and blockchain stories from Forbes delivered to your inbox every week for the latest news on bitcoin, other major cryptocurrencies, and corporate blockchain adoption. getty THREE MAJOR COMPANIES BUYING CRYPTO IS A TREND Forbes broke the story that Stone Ridge Asset Manager’s $ 10 billion …

[ad_2][ad_1] The Chinese city of Shenzhen will become a test bed for a new sovereign cryptocurrency with residents issuing millions in the digital currency for free. As reported by the South China Morning Post, citizens were able to participate in a lottery to receive digital funds, of which coins worth …

[ad_2][ad_1] On Friday, Chinese bitcoin mining platform maker Microbt announced plans to create an offshore facility that produces the company’s Whatsminer devices and parts for North America. The company revealed the news of the expansion when it announced a recent partnership with New York-based Foundry Digital LLC. Microbt’s Whatsminer mining …

[ad_2][ad_1] IRS tackles taxation of cryptocurrencies received in microtasks, Swiss Enable Crypto Payments Of: Robert A. Musiala Jr. At the end of last week, the US Internal Revenue Service (IRS) issued a memorandum on the topic “Taxation of the virtual currency received in the crowdsourcing job market”. The memorandum discusses …

[ad_2][ad_1] In this problem: • IRS addresses the taxation of cryptocurrencies received in microtasks, Swiss Enable Crypto Payments • Blockchain shipping platforms TradeLens and ShipChain expand networks • North Korean cryptographic hacks recycled by the Chinese; Launch of cryptographic compliance tools • FBI conspiracy thwarts Bitcoin corruption, Ethereum Classic suffers …

[ad_2][ad_1] China’s Center for Information and Industrial Development has revised its ranking of 37 crypto projects. Bitcoin has dropped from the previous rankings. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID), under the Chinese Ministry of Industry and …

[ad_2][ad_1] In recent months, cryptocurrency advocates have focused their attention on Iran. Iranian President Hassan Rouhani started a new mining strategy last May and 14 government-authorized bitcoin mining farms in July. According to China’s Lubian mining operation, it claims to run one of these regulated bitcoin mining companies in the …