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The Big Bang Theory Season 10 Finale spoilers Dr Ramona Nowitzki reappears in The Long Distance Dissonance. Kim Kardashian is the latest celebrity to reportedly have nude photos leaked online. Photo Frederick M. Watch An Englishman In New York Streaming. BrownGetty Images. Anjali Srivastava dead 5 striking similarities between Kritika Chaudhary and Bhojpuri actress death that you cant miss. China Warms Up To Blockchain Currency, May Ditch Paper Money Altogether. Bitcoin is booming in Asian markets and mobile transactions are increasingly popular in industries where cash used to be king, like shopping abroad. The Chinese mobile payment platform Alipay announced this week its tap and go system soon will be compatible for shopping at more than 4 million American stores, strategically marketing to Chinese students and tourists in the U. S. Mobile payment apps are already commonplace across China. A recent survey conducted by Beijing Youth Daily found 7. Chinese internet users thought carrying cash was no longer necessary. Watch The Apartment Online Ibtimes' title='Watch The Apartment Online Ibtimes' />Sean Walsh, a partner at Redwood City Ventures who specializes in collaborations between American and Chinese bitcoin companies, noticed during a trip to China this month most of his Chinese colleagues constantly used Alipays instant messaging partner We. Chat. Everybody uses We. Chat to pay for everything, he told International Business Times. The Chinese regulators in the government are actually very supportive of bitcoin and cryptocurrency. Meanwhile, Beijing media outlet Caixin reported Wednesday that the Peoples Bank of China is considering new cryptocurrency regulations in response to the skyrocketing interest Chinese businessmen have in digital tender like bitcoins. Business Insider reported that, as of January, the Chinese yuan made up nearly 1. Many experts now suspect China will become the first modern country to stop printing paper money altogether. Read Bitcoin Prices Fall As China Announces Checks On Exchange. The writing is already on the wall. The chief of Chinas central bank, Zhou Xiaochuan, reportedly said the Chinese government plans slowly to eliminate cash and develop a national blockchain currency. The government doesnt plan to adopt bitcoin as Chinese legal tender, but it definitely is investing in official bitcoin regulation. Prince Harry and Meghan Markle setting up London love nest British royal rumoured to be eager to set up home with Markle in his new apartments in Kensington Palace. On Wednesday, Facebook announced the rollout of Watch, what it is calling a new platform for shows on Facebook. Its yet another foray by the social media. New pictures show Princess Dianas Kensington Palace apartment days after her tragic death A grand piano, cuddly toys and a wall covered in photos of William and. IAmuNoBv2p8/UUJzYPbjPGI/AAAAAAAABSs/0N--fe_2WqY/s1600/iwatch-concept2.jpeg' alt='Watch The Apartment Online Ibtimes' title='Watch The Apartment Online Ibtimes' />This represents a dramatic shift for Chinese regulators, who temporarily shut down all Chinese bitcoin exchanges in 2. Xiaochuan admitted the transition would be a slow process. There are a lot of small businesses that deal only in cash, Ann Lee, a Chinese American economics professor at New York University, told IBT. There are plenty of people who are still too poor to have a phone. According to the World Bank, around 1. Chinas population roughly the same population size as countries like Romania and Sri Lanka makes less than 2 a day. Lee, considered an expert in Chinese economics, said there are far more impoverished Chinese families than those figures represent. Regardless, its clear transitioning to a cashless society will be a complex undertaking. Clearly they dont want bitcoin folks to use it as a way to skirt regulation, Lee said. Right now, thats exactly whats happening. Beijing bitcoin trader Huai Yang told the Guardian he makes the equivalent of 1. The Chinese aim to squash shadow banking and increase transparency. That makes the idea of a national blockchain currency especially attractive to Chinese officials. Clearly fintech could help drive transparency, Lee said. That could make it easier for regulators. Walsh said China is on the brink of reshaping the global bitcoin market. Chinese regulators announced Thursday regulations will be in place to allow bitcoin withdrawals from Chinese exchanges by June. The Chinese market by itself could soak up all the production that the bitcoin network produces, Walsh said. He expects widespread Chinese engagement with global bitcoin networks could influence the spread and price of cryptocurrencies in bitcoin friendly neighbors like Japan and South Korea, which currently has the most expensive bitcoin exchange rate in the world. Theres a lot of upward momentum, Walsh said. The Chinese cryptocurrency market is much, much, much larger than most people realize. Read Bitcoin Price At Another All Time High, Crosses 1,7. Driven By Heavy Demand. Watch Entrance Online Gorillavid.