Friday News Roundup

Friday News Roundup

 Top News from Last Week to This Week

Several local authorities in China’s capital city, Beijing, have jointly issued a new risk warning on cryptocurrency trading activities, according to a notice issued Friday.

China’s Shenzhen Stock Exchange Launches Index of 50 Blockchain Firms:

China has hinted that its treatment of cryptocurrencies such as Bitcoin (BTC) may change again as it looks to reform its forex markets.

What we can learn from China’s failed blockchain projects.

All Cryptocurrency Platforms Have Been Eliminated in China’s Guangzhou, Local Regulator Says. Additionally, internet equity financing, foreign exchange trading platform, asset management in Guangzhou have all been cleaned up and rectified.

Digital Currency Electronic Payment (DCEP) project proposed by China regulators has launched research of DCEP’s free exchange on ATM. The research will be conducted by a state-owned enterprise called GRGBanking. The enterprise will start ecological cooperation with banks and password manufacturers to promote the plan.


  Exchange News

OKEx has launched bitcoin options trading for a select group of clients ahead of a public launch next month.

Japanese financial services firm Tokai Tokyo Financial Holdings will invest about 500 million yen (nearly $4.6 million) in the Japanese branch of cryptocurrency exchange Huobi.

Binance Expands Trading for Turkish Lira Trading Pairs.



Sichuan’s Garze Demands a Cleanup of Bitcoin Mining Operations to Give Priority to Social Electricity Demand.

? Business

Japanese retail giant Rakuten now lets its customers convert its Rakuten Group loyalty points to major cryptocurrencies like Bitcoin (BTC).

China’s Internet Giant Tencent to Set up Cryptocurrency Research Team:

Canaan Mining will be Equipped with TSMC 5nm Mining Chip in Q1 2020.

The most visible outcome of President Xi Jinping’s speech in 2020 will likely be local governments setting up funds to invest in local blockchain businesses, McKinsey stated in its latest commentary.


Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell.

The Bank of Korea, South Korea’s central bank, is set to recruit additional experts to research digital currencies in its “Monetary Policy for 2020” document.

While the Indian government is uncertain about the use of cryptocurrency, the National Payment Corporation of India, or NPCI, officially announced its permissioned blockchain-based platform, Varja, to make the payment process easier, faster and more transparent.

The Central Bank of China has recently issued 20 billion Chinese yuan ($2.8 billion) of special bonds, which it has sold in order to fund small and micro-enterprise businesses, according to the China Development Network.

Chinese police have recently busted another major cryptocurrency scam called CloudToken, with 72 suspects arrested and 30 million yuan (over $4 million) involved.

Leave a Reply

Your email address will not be published. Required fields are marked *

More from GCR

Greg d’Incelli - Scenius and the FTX impact on allocator appetite - Global Coin Research

Featured GCR Announcement GCR Exclusive Podcast

Greg d’Incelli – Scenius and ...

Gregory d’Incelli is the co-founder of Scenius Capital. Scenius is a digital assets and blockchain technology investment firm focused on providing sophisticated investors curated access ...

An Overview of Music NFTs - Global Coin Research


An Overview of Music NFTs

Introduction NFT or a non-fungible token is a unique digital asset on the blockchain that can be bought or sold. TheNFT movement has spread to ...


Writing NFTs As The New ...

The more I search for new perspectives on specific topics for my essays, the more I realize the difficulty of finding hidden gems and quality ...