$800,000 Bitcoin Ransom Frees Kidnapped Chinese Student in Australia

2019-9-3 15:46

The Chinese pre-university student who was reported kidnapped late last month in Australia for 80 Bitcoin has been rescued and reunited with his family. The Chinese Consulate-General in Sydney confirmed that the 20-year old Ye Jingwang who was studying at the University of Technology Sydney had been found ‘safe’ and in ‘good health’.

80 Bitcoin […]

The post $800,000 Bitcoin Ransom Frees Kidnapped Chinese Student in Australia appeared first on CCN Markets

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Chinese Court Rules in Favor of Bitcoin, Calls Crypto Transactions Legal

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By Semptember Chinese Region Will Close “Illegal” Bitcoin Miners

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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

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2018-7-14 01:04


Chinese Police Seize $1.5 Million Worth in Cryptos During FIFA Gambling Crackdown

In the city of Guangdong, the police have arrested hundreds of individuals involved in online gambling platforms that facilitated betting with $1.5 billion in cryptocurrencies including bitcoin. An operation involving 21 public security authorities has cracked down on organized football gambling during the ongoing football World Cup, resulting in the arrests of some 540 individuals […]

2018-7-13 21:05


China’s Cryptocurrency Clampdown Turns Country Into A Bitcoin “Wasteland”

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2018-7-13 07:21


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Chinese Yuan’s Usage in Bitcoin Transactions Falls Dramatically After Regulatory Crackdown

A report from the Chinese news agency, Xinhua, has revealed that the Chinese Yuan’s share of bitcoin transactions has fallen dramatically following the Chinese government’s decision to impose a series of bans and restrictions on cryptocurrency trading and ICO fundraising in the world’s second largest economy.

2018-7-12 11:00


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PBoC: Bitcoin Trading in Renminbi Drops Below 1% Global Total

Economy & Regulation Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. In September, 2017, Beijing authorities

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