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BITCOIN PRICE: 3,385.47     HIGH: 3,440.00     LOW: 3,180.00

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BlockchaINVEST • January 7 - March 11, 2019

At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a…

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Tag: yuan

GMO Internet Set to Launch Yen-Backed Stablecoin “GMO Japanese Yen” in 2019

Category: Altcoins, Blockchain, Finance, News, Platform, Tech

GMO Internet Set to Launch Yen-Backed Stablecoin “GMO Japanese Yen” in 2019

Japanese IT giant, GMO Internet has made its entry into the stablecoin space, with plans to launch a yen-pegged cryptocurrency in 2019. In an announcement on October 9, 2018, the company said that it would begin full-scale preparation to issue the stablecoin – GMO Japanese Yen (GJY) –  as it prepares for a move into the blockchain remittance and settlement…

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China Tightens Capital Controls, BTC-CNY at Fresh Highs

Category: Bitcoin, Finance, News

China Tightens Capital Controls, BTC-CNY at Fresh Highs

The People’s Bank of China (PBOC), announced its plans, viewed as a disguised form of capital controls, regarding the restriction of foreign currency acquisition within the country. The decision comes shortly before the Chinese new year on January 28, a period in which capital outflow and remittance volumes rise substantially. In the past few months, the PBOC and the Chinese…

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