Satoshi Nakamoto Blog

Category : Chinese

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China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls

satoshi
A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.”...
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Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors

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Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U.S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan...
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China Adopts Security Standards for Blockchain Applications in the Financial Sector

satoshi
Keeping the focus on blockchain development, banking authorities in China have issued a set of rules pertaining to the secure application of crypto-related technologies in...
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Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates

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The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections...