China


Markets

China's Central Bank Issues Warnings to Major Bitcoin Exchanges

Officials from the People's Bank of China met with representatives of major bitcoin exchanges this week to issue a warning about their conduct.

People’s Bank of China

Markets

Wyre Raises $5.8 Million for Cross-Border Blockchain Payments

San Francisco-based bitcoin startup Wyre has raised $5.8m in new funding.

money-send

Markets

Bitcoin Prices Surge Past $770 But Fall Just Short of 2016 High

Bitcoin prices neared $780 this week, coming within 1% of their annual high after lingering above $700 for more than two weeks.

billiards, pool

Markets

China's Huiyin Group Launches $20 Million Bitcoin Fund

Multibillion-dollar investment company Huiyin Group has launched a $20m bitcoin-focused investment fund.

china, yuan

Markets

UBS Eyes Blockchain in China Expansion

UBS plans to invest in blockchain as part of an expansion plan in China.

wuxi

Markets

Bitcoin Breaches $750 But Struggles to Set New 2016 High

Bitcoin prices repeatedly breached $750 during the week through 18th November as traders responded to macroeconomic uncertainty.

sky, ladder

Markets

Bitcoin Price Passes $750 as it Nears Five-Month High

The price of bitcoin is now trading above $750, its highest total in nearly five months.

balloon

Markets

IBM China Wants to Use Blockchain to Fight Carbon Emissions

IBM’s China division is working with a regional textile printing firm to to develop a platform for trading digital assets tied to carbon emissions.

carbon

Markets

Peernova Quietly Collects $4 Million for Big Data Blockchain Play

Blockchain solutions provider Peernova is quietly raising money to bring its enterprise big data product to Asia.

construction, china

Markets

China's CITIC Hosts Seminar on Banking and Blockchain

China's CITIC bank, one of the country's largest commercial banks, recently held a seminar devoted to blockchain.

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