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Venezuela is buying Bitcoin with airport taxes to smuggle in US dollars, report

Venezuela appears to be leveraging cryptocurrencies as part of a larger effort to bypass US sanctions. According to an investigation by Spanish newspaper ABC, President Nicolas Maduro and his administration are using a digital wallet app called Jetman Pay to convert tax revenue from one of the country’s main airports into Bitcoin and other cryptocurrencies. дальше »

2019-7-26 14:02


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China and India Are not Comfortable with Libra, Need More Information and Clarity

China and India combined comprise nearly 35 percent of the world population. Bloomberg reported that the People’s Bank of China (PBOC) wants Facebook to reveal more information about Libra while Economic Times noted that the Indian Secretary of Economic Affairs believes the country is not comfortable with private currencies, July 9, 2019. дальше »

2019-7-10 11:00


Trump Celebrates Stocks Smashing Record Highs as Dow Flirts 27,000

In amidst a tense trade dispute between the U.S. and China, the Dow Jones has achieved a new all-time high at 26,966 points, closing on 27,000 points. U.S. President Donald Trump said: Today’s Stock Market is the highest in the history of our great Country! This is the 104th time since the Election of 2016 […] The post Trump Celebrates Stocks Smashing Record Highs as Dow Flirts 27,000 appeared first on CCN Markets дальше »

2019-7-4 12:30


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A Major Chinese State-Run Media Organisation Labelled Bitcoin a “Safe Haven Asset”

The legal status of cryptocurrencies in China is a controversial topic. Yet, the Asian country is one of the most developed nations in the field of blockchain. This might change after a major Chinese state-run media went against all the opinions of the government by publishing a financial study that highlights the potential of alternativeRead MoreRead More. дальше »

2019-6-30 15:00


Фото:

A Major Chinese State-Run Media Organisation Labelled Bitcoin “Safe Haven Asset”

The legal status of cryptocurrencies in China is a controversial topic. Yet, the Asian country is one of the most developed nations in the field of blockchain. This might change after a major Chinese state-run media went against all the opinions of the government by publishing a financial study that highlights the potential of alternativeRead MoreRead More. дальше »

2019-6-30 15:00


China Dominates Stablecoin Crypto Appetite with Over 50% of Global Trading

By CCN: Chinese trading and stablecoin volume account for over half of the transactions sent and received by known parties, in the entire world, according to the latest issue of Diar. China Dominates Global Tether, Crypto Trading Trends Previous research showed certain Western countries far in the lead as far as Bitcoin exchange transaction volume. дальше »

2019-6-6 12:13


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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »

2019-5-29 18:53


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China Bitcoin Ban: Lawyer Says Occasional BTC P2P Exchange Is Legal

A member of the Bank of China Law Research Association says sporadic bitcoin (BTC) trading isn’t illegal in the country despite the trading ban enacted in 2017. This new revelation by cnLedger, a cryptocurrency news source that focuses on China, begs the question of what Chinese law enforcement and regulators would deem “occasional BTC trading. дальше »

2019-5-23 12:00


Baidu Stock Slides 16%: Here’s Why China’s Google is Stuck in Freefall

By CCN: Baidu, China’s largest search engine and that country’s equivalent of Google, suffered a 16 percent stock price haircut after reporting a poor earnings quarter that stunned shareholders. Baidu Stock in Freefall After Q1 Losses Shock Investors As China’s economic growth continues to slide, one of its largest tech companies, Baidu, has taken a hit to advertising revenues. дальше »

2019-5-18 21:20


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Tencent-backed Waterdrop Gains Unicorn Status

There are many companies that are looking to dominate the health care market of China, the most populous country in the world. However, it appears as though there are two behemoths that will be fighting for market share – Ant Financial, an affiliate company of one of the largest Chinese conglomerates, Alibaba, and Waterdrop, backedRead MoreRead More. дальше »

2019-5-1 23:00


Exclusive: China’s Bitcoin mining ban inconclusive of country’s position and market dynamics, says eToro’s Greenspan

In less than a month, one of the most significant decisions impacting the price of Bitcoin will be revealed when China’s mining ban proposal returns after public consultation. With the source of a majority of Bitcoin’s hashpower being nipped in the bud, many analysts predict this could have grave implications on the larger market. дальше »

2019-4-22 16:30


Bitcoin [BTC] mining could go nuclear; Belarus emerges as China successor

Belarus has emerged as a contender to take the cryptocurrency mining mantle for China, following the latter’s proposed ban that looks to outlaw the domestic mining industry. Aleksandr Lukashenko, the President of the eastern European country, voiced his support for the decentralized currency industry in what will be a new chapter for the country. дальше »

2019-4-20 12:30