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China
China Includes Digital Yuan in Cash Circulation Data
The People’s Bank of China included the country's digital currency in calculations of the amount of currency in circulation in December for the first time, with e-CNY representing 0.13% of cash and reserves held by the central bank. "The Hash" panel discusses what this means for the adoption of central bank digital currencies (CBDC).
China Is Launching a State-Backed NFT Marketplace: Report
China is launching its first state-backed non-fungible token (NFT) marketplace, according to a report by the Chinese state media outlet China Daily. It's the latest sign of the country embracing a technology that has occupied a legal gray area. "The Hash" panel discusses China entering the NFT scene and what this means for the state of crypto.
What China's Protests Mean for Crypto
Protests have swept across China as demonstrators take to the streets in opposition of tighter lockdown restrictions. CoinDesk Executive Director of Global Content Emily Parker discusses the ongoing demonstrations and what it means for the crypto markets and the global economy.
Bitcoin, Ether Higher Despite BlockFi Filing for Bankruptcy
Major cryptos are jumping despite crypto lender BlockFi filing for bankruptcy protection and ongoing protests in China over Covid-19 restrictions. Floating Point Group Co-Founder and CEO John Peurifoy discusses the price actions and broader market outlook as the FTX contagion continues to spread.
Risk Assets See High Correlation Amid Macro Pressures
"Every time we have liquidity constraints ... everything correlates," Hashdex CEO and co-founder Marcelo Sampaio says. He discusses how macro pressures like anti-covid protests in China and inflation affect risk assets like cryptocurrencies.
Yifan He: China, Blockchain and BSN – Part 2
As China’s dominance in the world of blockchain grows, the question that everybody is asking is - can one be tracked by this technology? Watch what Yifan He, who is building Chinese Blockchain Based Service Network or BSN & taking it to the world, has to say in this conversation with Forkast’s Angie Lau. Find out why he doesn’t believe in cryptocurrencies & why non-crypto blockchains are going to be what traditional industry & systems back on. And what are the synergies and links there are, if any, between the Digital Yuan & BSN.
Yifan He: China, Blockchain and BSN – Part 2
As China’s dominance in the world of blockchain grows, the question that everybody is asking is - can one be tracked by this technology? Watch what Yifan He, who is building Chinese Blockchain Based Service Network or BSN & taking it to the world, has to say in this conversation with Forkast’s Angie Lau. Find out why he doesn’t believe in cryptocurrencies & why non-crypto blockchains are going to be what traditional industry & systems back on. And what are the synergies and links there are, if any, between the Digital Yuan & BSN.
Yifan He: China, Blockchain and BSN – Part 1
While initially cautious about blockchain technology, China now has an over 80% share in blockchain patent applications worldwide. This shift in China’s strategy comes even though crypto currencies are frowned upon in the country. Even though crypto currencies are one of the most popular applications of blockchain technology globally, China has taken a different route as it develops Blockchain Base Service Network or BSN. How exactly does BSN work? Is it linked to existing public chains? Or is it developing in isolation? Is BSN China’s connection to global blockchains? And how does it operate without crypto currencies? What is NTT & how does one use it? Get the answer to all these questions & more in the latest episode of Word on the Block where Forkast’s editor in Chief Angie Lau talks to the man helping build BSN.
