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Japanese Official Calls for Urgent Development of Digital Yen to Counter China

  • Post author:transblockadmin
  • Post published:February 10, 2020
  • Post category:Central Bank/China/Cryptocurrency/Law

Another Japanese lawmaker has publicly called for the swift development of the digital yen. The head of the banking and finance systems research commission at Japan's Liberal Democratic Party, Kozo…

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Over 700 Blockchain Firms Founded This Month in China, Over 26,000 in Operation

  • Post author:transblockadmin
  • Post published:January 27, 2020
  • Post category:Bitcoin/blockchain data/China

Chinese entrepreneurs registered 714 blockchain firms in China this month, resulting in a total of 26,089 such companies operating in the country. According to cryptocurrency data firm LongHash on Jan.…

Continue ReadingOver 700 Blockchain Firms Founded This Month in China, Over 26,000 in Operation

Japanese Officials Are Working on a Digital Currency

  • Post author:transblockadmin
  • Post published:January 24, 2020
  • Post category:Cryptocurrency

Ruling party lawmakers in Japan are reportedly working on a proposal to issue a national digital currency, Reuters reports on Jan. 24. This appears to be a response to fears…

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China’s Central Bank: Here’s the Latest on the Digital Yuan

  • Post author:transblockadmin
  • Post published:January 10, 2020
  • Post category:China/Cryptocurrency

The development of a digital yuan, or DECP, has taken a great leap forward, according to the People’s Bank of China, the nation’s central bank. In a statement (in Chinese)…

Continue ReadingChina’s Central Bank: Here’s the Latest on the Digital Yuan

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