How China Went From Trading Bitcoin to Creating Its Own Crypto

Yuan	2020-7-7 19:46

Over the past decade, China has had a turbulent relationship with the cryptocurrency market. While it was one of the biggest forces in the industry at one point, Chinese investors have almost all but pulled out in 2020.

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Источник: beincrypto.com

china one → Результатов: 126

Three reasons why China will “lose its grip” on Bitcoin mining as political tensions mount

Weeks after the Bitcoin halving in mid-May, miners are seemingly moving out of China and into Europe — with one prominent mining pool stating geopolitical tensions between the United States and China are a major catalyst.

2020-7-2 22:23	btcusd
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A $2B Gold Fraud Portrays Bitcoin as “Less Vulnerable” Alternative

Bitcoin found itself competing with traditional safe-haven gold all over again as authorities in China uncovered a $2 billion fraud. Kingold, one of the mainland’s most significant gold processing firms, allegedly collateralized 83 tons of fake yellow metal bars to secure 20 billion yuan (~$2.

2020-6-30 11:12	xbtusd
gold bitcoin billion fraud processing firms allegedly

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China’s First Real Blockchain Test Focuses on Allocating Public Resources

It is a well-known fact that China wants to go all-in on blockchain technology. Launching a public resource bidding platform based on this technology is one way of pushing that agenda. Various blockchain projects are under development in China today.

2020-6-30 01:00
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Huobi Returns to China with a New Headquarter

Huobi, one of the world’s biggest crypto exchange is to go back to its home country three years on after it was kicked out. The Chongqing Municipal Big Data Applications...

2020-6-26 18:16	Politics
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800,000 ETH Are Suspiciously on the Move

A China based alleged ponzi scam that allegedly stole nearly 800,000 eth and for long was one of the very top addresses, PlusToken, has suddenly began moving a year or...

2020-6-26 22:14	News
eth very one addresses suddenly year moving

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Ethereum Transactions Surpass One Million While Nodes Jump in China

Ethereum has processed more than one million transactions a day for the first time in two and a half years. Quickly after ethereum miners increased capacity by 25%, the ethereum...

2020-6-23 19:54	News
ethereum million transactions one half two years

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Bitmain’s Power Tussle Reaches Fever Pitch As Micree Zhan Accuses Jihan Wu Of Illicit Actions

In the light of recent events, Bitmain’s ownership may soon be confronted with a dramatic upturn. On June 22, Micree Zhan, one of the co-founders of Bitmain, the largest bitcoin mining chip producers in China, issued a document against his founding co-partner Jihan Wu, accusing him of illicit actions which put a threat of him […]

2020-6-23 18:45	btcusd
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Bitmain Co-founders Now Fighting Over the Bitcoin Mining Machines’ Shipment

After the halving last month, the bitcoin hash rate is recovering while China’s rainy season is helping with the cost. On one side, miners are ramping up their efforts with Hut 8 looking to raise $5.

2020-6-13 19:34	Bitmain
bitcoin side miners one cost helping looking

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Before Aarogya Setu, India was informed by a Bitcoin-funded COVID-19 tracker

COVID-19 has reminded the world about the importance of information and the bliss of ignorance. Ever since the virus began spreading outside mainland China, there has been only one question on everyonThe post Before Aarogya Setu, India was informed by a Bitcoin-funded COVID-19 tracker appeared first on AMBCrypto.

2020-6-11 16:30	BTC Trading View
covid-19 tracker aarogya india setu bitcoin-funded informed

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Guy Pays $2.5 Million in Fees For One Ethereum Transaction, Hack or China Crackdown?

The biggest fee ever paid on ethereum has just been processed by the network with some 10,700 eth given in gas fees to SparkPool, a China based ethereum mining pool. . . . The post Guy Pays $2.

2020-6-11 15:10	News
ethereum guy china fees pays 700 eth

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Chinese Tencent to Invest $70 billion in ‘new infrastructure’ Including Blockchain Development

One of the biggest telecom providers in China (and the company behind WeChat) wants to invest in the development of blockchain-based banking as they already got necessary approval from the regulators.

2020-5-28 10:13	News
invest development banking wants behind wechat blockchain-based

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The Chinese Yuan is Falling Once Again — and That’s Key for the Bitcoin Bull Case

Last year, one of the biggest narratives in the Bitcoin market was that tensions between China and the U. S. — which culminated in a massive trade war — was pushing cryptocurrencies higher. Whenever President Donald Trump tweeted about U.

2020-5-24 05:00	xbtusd
bitcoin china culminated trump tweeted between massive

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Major Silicon Chip Maker for BTC Mining Machines, TSMC, to Build $12B Plant in Arizona

A Taiwan Semiconductor Manufacturing Co (TSMC) one of the largest semiconductor chip manufacturer revealed plans to open another manufacturing plant in the US state of Arizona, worth $12 billion dollars under its global expansion plans, reported South China Morning Post.

2020-5-15 18:55	Mining
arizona plant semiconductor manufacturing plans chip tsmc

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This Chilling Global Trade War Warning Could Send Bitcoin Demand Higher

Bitcoin is eyeing significant growth in the year 2020 as global economies form a unified front against China over its failure to handle the coronavirus outbreak. Veteran investor David Sokulsky warned that escalating tensions would begin a trade war much worse than the one between Beijing and Washington.

2020-5-15 13:00	xbtusd
bitcoin trade war global escalating sokulsky warned

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Chinese Court Rules Bitcoin Is Asset Protected by Law

A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American.

2020-5-10 23:05
bitcoin law chinese case court asset protected

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China’s One Region Accounts for 35.76% of Bitcoin Hash Rate

A Bitcoin Mining Map is launched by the Cambridge Centre for Alternative Finance (CCAF) that allows checking the average monthly bitcoin hash rate produced by different countries around the globe. Based on the geolocation data (IP addresses) provided by Poolin, BTC.

2020-5-8 23:51	bitcoin mining
bitcoin hash rate around countries average monthly

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65% of Global Bitcoin Hashrate Concentrated in China

A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.

2020-5-7 13:38
china hash bitcoin country produced rate one

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Investors Now Worry More about U.S.-China Deal Development Than about Coronavirus

Coinspeaker Investors Now Worry More about U. S. -China Deal Development Than about CoronavirusThe phase one trade deal requires China to buy an additional $200 billion worth of U. S.

2020-5-7 16:04
deal development investors -china worry additional buy

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Xi Jinping Urged to Prepare for War as Beijing Braces for Anti-China Backlash

One way or another, the United States and China are edging closer to confrontation as the economic fallout from coronavirus continues to unfold. The post Xi Jinping Urged to Prepare for War as Beijing Braces for Anti-China Backlash appeared first on CCN.com

2020-5-6 21:00	Xi Jinping
anti-china backlash beijing braces urged jinping prepare

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Bitcoin Risks an Abrupt Fall as Trump Threatens Phase One Deal With China

Bitcoin faces risks of a short-term, but steep downside correction as Donald Trump threatens to terminate the phase one deal with China. Investor fears that a new trade war with Beijing would escalate the global economic crisis further amidst the Coronavirus-induced lockdown.

2020-5-5 16:15
phase one deal threatens bitcoin china risks

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Bitcoin Mining Centralization No Longer An Issue, Other Regions To Overtake China Soon: Analyst PlanB

Over the last few years, the largest and most active Bitcoin miners have operated from China. These large miners include Bitmain, a miner that has been involved in some tug-of-war scenarios in the recent past, one of them being the hash war of 2018 following the hard fork that led to the split of the […]

2020-4-27 10:59	btcusd
china miners bitcoin tug-of-war scenarios recent miner

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Starbucks, Subway And McDonald’s Set To Test China’s Central Bank Digital Currency

Starbucks, Subway, and McDonald’s are among the 19 retail businesses that will be trialing China’s digital yuan in one of the country’s pilot program cities. Per reports, China has already started testing its digital currency in a real-world setting in order to improve the currency’s functionality.

2020-4-24 17:55	Starbucks
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China Beings its Surveillance of Online Gaming Communication

China is known for making some very interesting decisions at very random intervals. One of those decisions will affect online gaming, especially when it comes to interacting with non-Chinese players.

2020-4-19 05:00	Gaming
gaming very china online decisions especially when

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China Crypto Insider Releases More Details About PBOC’s Digital Yuan Project

Yesterday, the crypto community was shocked when local reports suggested that the Agricultural Bank of China — one of the nation’s biggest commercial banks, which is coincidentally state-owned — has begun to test a national digital currency project.

2020-4-16 10:00	PBoC
china digital project crypto commercial banks biggest

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China: State-Owned Bank Agricultural Bank of China Begins Testing CBDC

Agricultural Bank of China (ABC), one of the “Big Four” financial institutions controlled by the government of the People’s Republic of China (PBoC), has launched a mobile application for testing the nation’s central bank digital currency (CBDC) dubbed DE/CP.

2020-4-15 21:00	Cryptocurrency
china bank cbdc testing agricultural application nation

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Agricultural Bank of China Rolls Out Test App for the Prospective Digital Currency, DC/EP

China’s Digital currency might be integrated with the country’s financial ecosystem sooner than expected despite the COVID-19 pandemic. This is after one of its state-owned banks – Agricultural Bank of China (ABC) – released an application that accommodates the prospective central bank currency, DC/EP.

2020-4-15 17:18	CBDC
china currency bank agricultural digital prospective central

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Trading with Coronavirus: Crypto may be down, but not out

The spread of Coronavirus or COVID-19 has been an unprecedented event, one that escalated from 1 to 1.5 million cases and from China’s Wuhan to across the globe, in just over a few months. And as thThe post Trading with Coronavirus: Crypto may be down, but not out appeared first on AMBCrypto.

2020-4-15 19:30	Trading View
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Why other nation-states consider China's development of a CBDC to be provocative

"That's one small step for man, one giant leap for mankind." The immortal words of Neil Armstrong, the first man to walk on the moon, are etched in history. However, while most people remember his woThe post Why other nation-states consider China's development of a CBDC to be provocative appeared first on AMBCrypto.

2020-4-13 17:00	Analysis
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A Sovereign Blockchain is the Next Objective for China

China has made its blockchain ambitions very clear in the past few months. One of the ventures the government will focus on is a sovereign blockchain to be used by the Chinese Central Party School.

2020-4-5 05:00	DLT
blockchain china sovereign focus government ventures party

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China’s Oldest Exchange OKCoin Readies for Move Into Japan

OKCoin, one of the oldest exchanges in China, has secured crypto licensing in Japan

2020-3-31 23:19	Bitcoin
china okcoin japan oldest exchanges secured licensing

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Twitter Institutes China Like Mass Censorship on Corona After Receiving One Billion From Alibaba Investors

One of the world’s biggest direct communication platform has announced a policy of mass political censorship in the middle of a pandemic that sees iconic global cities under curfew. Twitter.

2020-3-29 00:49	Politics
twitter censorship one mass under cities policy

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Binance’s Educational Platform Opens Up Government Approved Office in Shanghai

Binance, one of the most popular crypto exchanges in the crypto-verse which also has many subsidiaries including Binance Academy (a blockchain and crypto-centred educational portal) is all set to open its first office in Shanghai, China.

2020-3-28 21:44	Binance
binance office educational shanghai portal crypto-centred academy

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Turning A Crisis Into An Opportunity, China Gets One Step Closer to CBDC

China is getting one step closer to a digital Yuan as the central bank has completed the CBDC basic function development

2020-3-25 00:37	Coronavirus
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Ultimate Test for Fiat as US Bank Runs Loom

It started as being “just one person coming in from China… We have it under control,” the President said. “It’s going to be just fine. ” Two months later, the U. S. and Europe are national states of emergency and banks in locked-down New York are starting to run out of cash.

2020-3-17 13:00
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9 Binance Alternatives & Competitors – Are They Better Than Binance?

Binance’s rise to the tops of cryptocurrency industry is well known to all crypto enthusiasts. It is one of the largest and most popular cryptocurrency exchanges which initially started in China but then relocated their headquarters to the crypto-friendly Island of Malta in the EU (but they are apparently not incorporated in Malta, read below for […]The post 9 Binance Alternatives & Competitors – Are They Better Than Binance? appeared first on CaptainAltcoin.

2020-3-17 02:40	Journal
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Bitcoin Selling at 15% Premium in China Amid Coronavirus Crisis

For one of the first times ever, Bitcoin is trading at a premium on Chinese OTC trading platforms. China is slowly but surely recovering from the coronavirus — and now it looks like the country is also leading the Bitcoin buying during this bearish period for the cryptocurrency market.

2020-3-16 15:54
bitcoin coronavirus china premium trading looks like

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Fraud Fighters: How crypto companies can stay one step ahead of the scammers

2019 was another banner year for crypto fraud that will continue to adversely impact prices of Bitcoin and Ethereum going forward as Ponzi scheme PlusToken unwinds. Although some of its perpetrators have already been jailed in China, active wallets suggest that the entire crime ring hasn’t been arrested.

2020-2-27 06:41	#scams
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The Dow Is Plummeting Because Coronavirus Killed Trump’s Trade Deal

The Dow Jones plummeted on Friday as the impact of the coronavirus battered U.S. data and shattered Donald Trump's phase one deal with China. The post The Dow Is Plummeting Because Coronavirus Killed Trump’s Trade Deal appeared first on CCN.com

2020-2-22 23:48	dow jones
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Shots Fired as Ripple CEO Slams Bitcoin For “Centralization” in China

Ripple CEO, Brad Garlinghouse claims the centralization of Bitcoin mining capacity in China is a major point of weakness for the number one cryptocurrency. "China controls the Bitcoin blockchain.

2020-2-18 16:35
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China Approves Favipiravir as Potent Treatment against New Coronavirus COVID-19 Strain

Coinspeaker China Approves Favipiravir as Potent Treatment against New Coronavirus COVID-19 StrainFavipiravir has become one of the drugs that the Chinese authorities approved for treating the new COVID-19 strain of the coronavirus.

2020-2-18 17:31
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China's attitude could influence global crypto-regulations

They say the opposite of love is indifference; and if one thing has been made clear over the last few years, it is that governments and regulators are no longer indifferent toward cryptocurrencies.

2020-2-11 18:30	Trading View
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Can China Even Stop the Coronavirus?

The coronavirus outbreak continues to dominate media headlines all over the world. It is now officially confirmed that this virus is deadlier than SARS, in terms of total lives claimed. In the beginning, no one took the coronavirus threat too seriously.

2020-2-10 07:00
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China's CBDC 'will not necessarily be related to blockchain initially'

Earlier this month on Twitter, Ethereum co-founder Vitalik Buterin posed the question of whether transactions using CBDCs, such as the one recently proposed by China, would be cryptographically provabThe post China's CBDC 'will not necessarily be related to blockchain initially' appeared first on AMBCrypto.

2020-2-9 17:00	Trading View
china initially blockchain related cbdc necessarily proposed

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As Bitcoin Rallies, One Metal is Falling Hard Amid Coronavirus Fears

Copper ETFs have been suffering due to fears surrounding the coronavirus. The metal has tanked to a five-month low as China struggles to contain 2019-nCoV. The coronavirus has led to fears that economic growth will slow down, especially in China.

2020-2-8 10:18
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Coronavirus Whistleblower Immortalized on Ethereum Amid Calls For Free Speech in China

Dr. Li Wenliang, one of the first to blow the whistle on the virus outbreak in China has died today, February 7th, at the very young age of 34. Wenliang... The post Coronavirus Whistleblower Immortalized on Ethereum Amid Calls For Free Speech in China appeared first on Trustnodes.

2020-2-8 20:01	Politics
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Japan's lawmakers urge govt. to collaborate with U.S to tackle digital yuan

Ever since China announced its intention to launch the digital representation of Yuan, multiple countries are contemplating the idea of cryptocurrencies and stablecoins. Japan is one such country, witThe post Japan's lawmakers urge govt.

2020-2-7 10:44	Trading View
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The Coronavirus Threatens Chinese Bitcoin Mining Operations

The coronavirus has affected many aspects of life in China. Contrary to what most people assume, it can affect Bitcoin mining operations as well. One mine located in a remote suburb has been shut down as a precautionary measure.

2020-2-7 02:00	Coronavirus
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How the Coronavirus Is Helping China Win the Trade War

Chinese authorities successfully pushed phase one of the trade deal through seemingly before the Trump administration became aware of the full extent of the coronavirus. The crisis will make it near impossible for China to fulfill its side of the bargain.

2020-2-5 06:00	Xi Jinping
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CNY Falls, Shanghai Stocks Plunge, Gold Down, Oil Rekt, Bitcoin?

Western stocks have seen a bit of respite today after a very red Friday, but in China one of the biggest fall in the Shanghai Composite Index has sent it... The post CNY Falls, Shanghai Stocks Plunge, Gold Down, Oil Rekt, Bitcoin? appeared first on Trustnodes.

2020-2-3 18:02	Stocks
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China opens industrial park for digital yuan CBDC development in Shenzhen

The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan.

Russia will use Chinese yuan for transactions, avoiding sanctions

A shift in the digital currency environment may occur due to Russia's latest decision to utilize the Chinese yuan instead of the U.S. dollar in trade settlements with nations in Asia, Africa, and South America.

Digital Yuan Gifts In China During Holiday To Increase Adoption, Report Says

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China’s central bank includes digital yuan in report on currency circulation

The 13.61 billion e-CNY represented roughly 0.13% of the 10.47 trillion yuan in circulation at the end of 2022.

China Seeks To Reduce Dependence On Dollar, Proposes To Issue An Asian Yuan

Amid the ongoing global CBDCs adoption, China proposes an Asian-wide digital currency to reduce the continent’s economic reliance on the US dollar. USD is unquestionably the most widely used international currency.

China will expand CBDC trials to most populous province: Report

PBoC deputy governor Fan Yifei said expanding e-CNY trials to the provinces of Guangdong, Jiangsu, Hebei and Sichuan would happen "at a proper time."

China will gift digital yuan to its citizens to boost the economy after the lockdown

In contrast to many other nations, China has adhered strictly to a zero-COVID policy, resulting in the repeated shutdown and closure of non-essential enterprises in key financial centres such as Shanghai.

2020-7-7 19:46

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