A group of Shanghai reporters recently got a opportunity to learn about this secretive project during the Global Blockchain Summit Forum, sina.com.cn reported.
A senior Russian official has confirmed that Venezuela's debt to Russia, a total of $3.15 billion owed to the Kremlin within a 10-year period, won't be reimbursed in any part with Venezuelan state cryptocurrency petro.
Following previous reports of a rumored ban, Twitter has declared that cryptocurrency and ICO-related advertisements will be banned from its website from Tuesday.
Venezuela's token El Petro, the world's first state cryptocurrency, would have increased $ 5 billion in its first currency offer (ICO), according to Venezuelan President Nicolás Maduro.
A Russian official asserts that his country never partnered with Venezuela about the Petro, Venezuela's national cryptocurrency, Russia's news source Tass reported Friday. The world's first state cryptocurrency is marked by the Petro.
For the first time in history, the Chinese government and its central bank, the People's Bank of China (PBoC), has opened its $27 trillion payment market to the world.
Payments giant Mastercard is completely behind supporting state-backed, fundamental bank-issued cryptocurrencies, a senior executive has shown.
China's business & IT ministry is working toward creating domestic standards to propel development and implementation of blockchain technology in the country.