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AltcoinsBitcoin

China’s Central Bank Governor Says Digital Currencies Will Replace Cash, Regulated as Legal Tender

The governor of the People's Bank of China, Zhou Xiaochuan, said in an interview that digital currencies will inevitably replace cash, but they will be regulated if used as legal tender. Zhou noted that the PBOC has been examining digital currencies for some time. He indicated that physical cash is "low-tech" and that...
Blockchain DAppsEthereum

Ethereum Sees Growing China Interest, Focuses on Four Major R&D Areas

Leading players in the Ethereum ecosystem spent time recently in China, visiting Hong Kong and Shanghai, where the Blockchain 2.0 protocol is gaining more interest.  Ethereum founder Vitalik Butterin on Sunday updated the community regarding the trip, and the significant research and development directions in the Ethereum ecosystem. The ecosystem's delegation to China was important strategically as the Ethereum Foundation nailed down capital there to boost its...
BitcoinExchanges

[Q&A] Chinese Exchange LakeBTC Offers BTC-EUR Trading

China-based bitcoin exchange LakeBTC is offering trading and deposits in Euros, and plans to add more currencies. The exchange has been planning to offer EUR since at least October 2014, as indicated by LakeBTC CEO Thomas Xie in an interview with AllCoinsNews at the time. Today ACN had an opportunity to chat with...
AltcoinsPayment

P2P Loan Platform Yuanbao Partners With Gempay to Offer YBCoin

China peer-to-peer lending platform Yuanbao.com has reached an agreement with cryptocurrency payment service provider Gempay to make Chinese altcoin YBCoin available through its payment platform. YBCoin is China's first digital currency, which was developed by bitcoin enthusiasts from Tsinghua University who became Yuanbao. YBCoin exclusively employs VPOW+POS mining mechanism, which...
BitcoinExchanges

OKCoin Upbeat About New Trading Interface, P2P Lending

OKCoin recently launched a new full screen trading view for futures and peer-to-peer lending. The new full screen trade view features an interactive trading interface with click-to-populate orders and market information at a single glance. In addition to the trading interface, it boasts a robust charts section with a suite...
Mining

China-Based Bitmain Ships Latest Bitcoin Miner – Antminer S5

China-based Bitmain started shipping its latest bitcoin miner, Antminer S5, on December 27th. The bitcoin mining tech company will ship second and third batches of the new miner on January 4th and January 8th respectively. The new miner has already achieved "#1 Best Seller" status in Amazon's Computer Servers section. S5 became the Number 1...
Wallets

China’s Bidingxing Offers Simple Bitcoin Paper Wallet Printer

Guangdong province-based Foshan Bidingxing Technology Co., Ltd offers a bitcoin paper wallet printer that follows bitcoin wallet rules and can print offline. Paper wallets are a method for cold storing bitcoin that involves printing bitcoin addresses and private keys directly onto paper. Paper wallets are described in this Blockchain.info tutorial. The Bidingxing paper...
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