China may Decide to Regulate Bitcoin After all

2019-12-26 08:00

Cryptocurrency regulation remains a controversial topic in different regions. Many hope to see some sort of solution emerge out of China, and it may be closer than one may think.

Bitcoin and other digital assets have proven very difficult to regulate in many different ways. 

China and Bitcoin Regulation

Primarily Chinese officials seem to struggle with this concept, albeit a solution may be in sight.

Right now, the Chinese government is in the process of reforming its foreign exchange markets. 

Some sources close to the matter believe that this will help sort any regulatory issues regarding cryptocurrencies.

By launching a new research initiative, the situation can be put to bed once and for all.

This is all part of the country’s renewed push for broader blockchain technology use and adoption.

How foreign exchange markets will be revamped and regulated, remains somewhat uncertain.

Very little details regarding this reformation have been made public to this date.

There is also the rumor of China creating a central bank digital currency.

For now, that CBDC is nothing more than a rumor, even though the reality may be very different.

A reversal of the blanket ban on trading cryptocurrencies in China should not be expected under any circumstances.

More information is expected to become available in the first half of 2020.

Image(s): Shutterstock.com

The post China may Decide to Regulate Bitcoin After all appeared first on NullTX.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Theresa May Coin (MAY) на Currencies.ru

$ 0.0006355 (-0.17%)
Объем 24H $0
Изменеия 24h: 0.07 %, 7d: 7.71 %
Cегодня L: $0.0006351 - H: $0.0006355
Капитализация $0 Rank 8455
Цена в час новости $ 0.0002175 (192.18%)

may china many different regulate bitcoin one

Источник: nulltx.com

may china → Результатов: 126


Hong Kong Crypto Mining Marketer Accused of Fraud in ‘Filecoin’ Investor Scheme

January 6th, South China Morning Post (SCMP) reported on a possible investment scheme created by Wong Ching-kit that may have duped Hong Kong based investors out of millions. The “Coin Young Master” (Wong) runs various online groups to promote cryptocurrencies, from Facebook pages to the self-proclaimed co-founding of “File Cash Coin”. He is being accused […]

2019-1-7 21:33


Фото:

Bitmain Reportedly Will Sack More Than Half of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.

2018-12-29 21:20


Фото:

Bitmain Reportedly Will Sack Up to 85 Percent of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.

2018-12-27 21:20


2019 will be a pivotal year for Southeast Asian tech startups

With a rising middle class and a booming tech startup scene, Southeast Asia (SEA) sits where China did 10 years ago — on the cusp of a major economic boom fueled by the tech industry. The only questions over the last few years have been: When will the tipping point be reached, and when will SEA mature from a promising regional market into the next big world economy? I’ve seen promising signs that in 2019, our region may finally reach that tipping point.

2018-12-19 02:00


Bitcoin Mining in China

In life, they say that you can only rely on death and taxes. While this may be true, I’d like to propose a third: that China will always be the Bitcoin mining capital of the world. In fact, it controls up to 80% of the world’s total hash rate, is responsible for manufacturing the vast majority […] The post Bitcoin Mining in China appeared first on ZyCrypto.

2018-12-9 22:34


Фото:

Poloniex Revised Terms of Use, Shutters Services in Several Countries

With a revision to the popular exchange’s terms of use, users from a handful of jurisdictions will have their access to Poloniex shuttered. According to an October 18, 2018, update, “the websites and the services offered by Poloniex (as defined below) are NOT addressed to persons who have their registered office or place of residence in China, Germany, Pakistan, the U.

2018-10-26 22:46


Report Links 74% of Bitcoin Mining to China, Sees Threat to Network

Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation.

2018-10-11 00:29


September in Africa: Alibaba saves wildlife and Google Partners comes to Nigeria

Pan-African ecommerce giant Jumia may be about to launch an initial public offering (IPO), if reports are to be believed, valuing the company at around $1 billion USD. According to Reuters, Jumia, which already claims to be Africa’s first “unicorn” based on how much investment it has received, is considering a possible New York listing early next year.

2018-10-2 15:55


Фото:

After XRP Went Crazy, Is Stellar Next?

XRP just wrecked the crypto china shop, but there may be another bull right behind the Ripple run.  As the market sweeps up the wreckage and fragments, one question is still looming: is Stellar lumens next? Although Ripple predates Stellar by several years, the tokens of the two protocols act more more like twins than ordinary […] The post After XRP Went Crazy, Is Stellar Next? appeared first on Crypto Briefing.

2018-9-24 19:22


Фото:

Cryptocurrency Custody Services May Be the Best way to Safe Keep Cryptocurrencies

Invault, a Shanghai-based blockchain startup believes that the removal of any human oversight when it comes to holding cryptocurrencies is the best way to ensure that the assets are secure and safe. According to The South China Morning Post’s article released on September 11, 2018, many cryptocurrency exchanges are aware that a cryptocurrency custody approach is the best way to...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-9-12 05:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Coinbase policy executive predicts fast crypto regulation under Trump

Coinbase chief policy officer Faryar Shirzad anticipates a rapid push for comprehensive crypto regulation once President-elect Donald Trump begins his new term, CNBC reported on Dec. 2. Shirzad expressed confidence that legislative efforts to regulate the crypto industry will progress “fairly quickly” through Congress under Trump’s leadership.