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Bitcoin Mining Stock Surges as Chinese Economy Falters

The economic fallout from the Coronavirus is starting to be felt across the world. China’s economy has been the hardest hit but contrary to wider market movements, bitcoin mining stock is rising. Bitcoin Mining Stock Surges According to a report from local media outlet 8BTC bitcoin mining hardware giant Canaan has seen its stock prices rally in recent weeks. дальше »

2020-2-14 11:00


China’s Top Private Bank Chair: Blockchain Tech Adoption Will Upgrade All Areas Of The Economy

China’s Blockchain potential could be unleashed to boost agriculture, finance and manufacturing, Chairman of Minsheng Bank states. In a report published on the Economic Information Daily, a China based publication, the Chairman of the first Bank in China to adopt blockchain technologies, Minsheng Bank, Hong Qi, said the world of blockchain, digital currencies and decentralized […] дальше »

2020-2-5 22:37


$11.4 Billion in Crypto-Based Transactions Flowed Out of China in 2019 Despite Ban: Report

Chinese President Xi Jinping’s call for blockchain adoption really has everyone optimistic that the Chinese central government might also look to regulate crypto trading. However, those hopes came crashing down as the news of the crackdown on crypto service providers in China followed just a few days after the President’s much-talked Blockchain adoption speech. Peckshield, […] дальше »

2020-1-13 17:48


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Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance

During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC’s hashrate increased by 80% in 2019, even though BTC’s year-over-year average price dipped by 1. дальше »

2020-1-12 00:15


China’s Digital Currency Still has No Launch Date But Will Continue its Development in 2020

China’s central bank said on Sunday that it doesn't have a launch date for its sovereign digital currency but will continue with its research and development, as per the local reports. A report in August said the central bank-backed digital currency could be launched as early as November but that is long gone. Last month, […] дальше »

2020-1-6 21:59


China Continues Anti-Crypto Stance With Beijing Warning; Will it Work?

Shanghai Securities News has just reported that authorities in Beijing, China’s capital, have renewed their anti-crypto stance. Per the report and one from The Block, the Beijing Local Financial Supervision and Administration Bureau, the Business Management Department of the People’s Bank of China, the Beijing Banking and Insurance Regulatory Bureau, and the Beijing Securities Regulatory. дальше »

2019-12-27 15:00


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Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China

As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s) and the firm believes a decent portion of the power stems from China. дальше »

2019-12-13 23:30


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Доклад: китайский криптоюань ближе к фиатной валюте

Китай рассматривает блокчейн как инструмент для дезинтермедиации (снижения роли финансовых посредников) и повышении рентабельности в отраслях с устаревшим подходом к работе. Об этом говорится в докладе China Blockchain Report. дальше »

2019-12-7 19:00


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Will Europe Beat China in the Central Bank Crypto Race?

The European Central Bank has been urged to move quickly w. r. t it’s crypto euro launch if it is to gain the edge over other regions (read China).   Crypto Euro Plans Pursued According to a Reuters report Bank of France, Governor Francois Villeroy de Galhau spoke at a finance conference in Paris this week urging the bank to accelerate its crypto euro plans. дальше »

2019-12-5 11:02


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China Shuts Down 173 Cryptocurrency Exchanges and Token-Issuing Platforms

China has reportedly shut down all cryptocurrency exchanges operating within the country, according to a Twitter update from Chinese blockchain outlet CnLedger. CnLedger quoted the People’s Bank of China (PBoC) Financial Stability Report (2019), stating that “the 173 Chinese virtual-currency trading and token issuing platforms have all exited without risk. дальше »

2019-11-25 16:06


Shenzhen City Authorities Warns Against Illegal Crypto Activities After Recent Blockchain Hype

According to Eastmoney, Shenzhen, the tech capital of china recently issued a warning against illegitimate dealings taking place in the cryptocurrency industry. The report released by Eastmoney indicated that the Leading Group for Remediation of Internet Finance Risks, a regulatory body in the city, is investigating all illegal dealings in the crypto space. According to […] дальше »

2019-11-22 00:00