China
The Biggest Realignment in the US-China Relationship Since Nixon, Feat. Graham Webster
How one of the world’s most important geopolitical relationships came to be what it is in 2020.
Bitcoin News Roundup for May 27, 2020
While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It's another episode of CoinDesk's the Markets Daily podcast.
Tencent Is Pouring $70B Into New Tech Including Blockchain
The web giant is earmarking funding for emerging technologies as it seeks to grow after the COVID-19 epidemic.
Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries
The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said.
Michael Sung on the Future of China’s Digital Yuan
Michael Sung, a professor at Shanghai’s Fudan University, spoke to CoinDesk’s Michael Casey at the World Economic Forum 2020. The topic? The intertwined growth of digital currency and blockchain projects in China.
Internal Struggle at Bitcoin Mining Giant Bitmain Escalates to Physical Confrontation
After Micree Ketuan Zhan, the exiled co-founder of Bitmain, moved to reinstate his position after another partial legal victory over his former employer, tensions reportedly escalated into a physical brawl.
Money Reimagined: COVID-19's Lessons in Innovation
Though its impacts are deadly, the coronavirus is a product of an advanced innovation ecosystem. We can learn from its ability to mutate and adapt.
Chinese City Known for Bitcoin Mining Seeks Blockchain Firms to Burn Excess Hydropower
A Chinese city in the world's bitcoin mining hub is publicly encouraging the blockchain industry to help consume excessive hydroelectricity.
Starbucks, McDonald’s Among 19 Firms to Test China’s Digital Yuan: Report
The food and beverage giants are among the restaurants and retail shops reportedly on a local government list for testing of China's central bank digital currency.
Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials
China’s central bank confirmed it will be testing a mobile app for the digital yuan in four cities, with a fifth in the works, and emphasized it’s a test.
