Former PBOC member criticizes China’s ban on crypto

Huang Yiping has expressed concerns about China missing out on financial development opportunities following the nation's ban on cryptocurrencies. 

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China Emerges As Second-Largest Bitcoin Mining Hub Despite Ban

A report from Cambridge exploring bitcoin mining shows the U.S. as the dominant global player and China in second despite the country’s ban last year.

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Billionaire investor signals disdain for Bitcoin while admitting admiration for China’s ban

Speaking virtually at the Sohn Conference in Sydney on Friday, Charlie Munger when asked for his opinion on China and its ban he agreed with the policy of the nation, praising the Chinese government for its action.

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Crypto Platforms Start Pulling Out Of China Following The Ban

One by one crypto exchanges and other related platforms are starting to announce exit plans from the Chinese market following the nation’s ban. Crypto Platforms Like Biki, Feixiaohao, And BitMart Pull Out Of China Following The Nation’s Ban A few days back, China announced a ban on all crypto-related transactions in the country. As a […]

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Cross-chain bridge equipped altcoins rally higher despite China’s crypto ban

REN, CELR and CVC ignore the market’s bearish reaction to China’s new crypto ban by posting double-digit gains.

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China’s New Policy Isn’t An Automatic Bitcoin Mining Ban – Here’s Why

Despite breathless headlines, a recent proposal by China’s economic planners would not automatically ban bitcoin mining.

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China’s Crypto Rules Could Tighten As the Government Mulls Cryptocurrency Mining Ban

The top economic body in China has recommended some new rules that would see the government close down all cryptocurrency mining facilities in the country. Cryptocurrency mining was one of the industries proposed for immediate elimination, labeling crypto mining as backward processes that are a severe waste of resources.

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Is The New China’s Bitcoin Ban Yet Another FUD or Should We Start Shorting Bitcoin Again?

China has decided to entirely ban cryptocurrency mining in the nation, Bloomberg reports. The National Department and Reform Commission… The post Is The New China’s Bitcoin Ban Yet Another FUD or Should We Start Shorting Bitcoin Again? appeared first on Invest In Blockchain.

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Could A Mining Ban Raise Bitcoin Prices?

New policy proposals from the Chinese National Development and Reform Commission (NDRC) have put Bitcoin squarely in its crosshairs. The announcement sets the largest cryptocurrency on China’s regulatory watch list, with plans to either restrict or eliminate its mining altogether.

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How the China Bitcoin Mining Ban Serves to Silence Crypto Naysayers

If you visit just about any crypto news publication today, you will see at least one story detailing the recent news that the Chinese government is considering a blanket ban on Bitcoin mining. Perhaps testament to the world superpower’s repeated clampdowns on various aspects of digital currencies (exchanges and ICOs, in recent memory), the price.

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In A Renewed Crackdown, China Has Decided To Ban All Crypto Activity Within Its Borders, Bearish Or Bullish?

Things are getting bleak for crypto miners in China as the country’s government moves to ban all crypto activity in China. For starters, China has waged a 2-year war on cryptos within its borders.

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China Scare, Bitcoin (BTC) Mining Ban? Bulls to Overcome

Bitcoin prices stable above $5,000 NDRC of China propose Bitcoin and cryptocurrency mining China’s National Development and Reform Commission (NDRC) of the opinion cryptocurrency and Bitcoin (BTC) rigs don’t adhere to relevant laws and regulators, pollute the environment and unsafe and therefore propose a ban.

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China’s Proposed Mining Ban Could Be Detrimental to Bitmain

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China’s Bitcoin Mining Ban is a Short-Term Blow, But Easily Recoverable

According to Reuters, the National Development and Reform Commission (NDRC) of China has drafted a proposal that may ban Bitcoin mining. The NDRC is responsible for economic planning, which includes the administration of a list of industries for restriction or elimination.

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Chinese Planning Commission Seeks To Ban Crypto Mining

China's National Development and Reform Commission is looking for public comments concerning a list of industries it wants to encourage, restrict, or eliminate. Among the activities the regulator wishes to phase out is the mining of cryptocurrencies, including bitcoin.

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China’s New Anti-Crypto Move: Ban Bitcoin Mining to Save Environment

The major economic body of China suggests crypto mining should be banned along with other ‘environment harming’ industries On Monday, April 8, the National development and Reform Commission (NDRC) of China suggested an updated list.

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How a Bitcoin mining ban in China could impact BTC’s price and security

China’s central planning agency announced plans to ban Bitcoin mining and is currently soliciting comments before it makes its final determination. Mining and cryptocurrency experts have mixed opinions on how the move will impact the security and price of BTC.

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How China Banning Bitcoin Mining Can Positively Affect BTC Price

A bitcoin mining ban in China will more like drive the asset’s price higher, according to Mati Greenspan. The UK-based financial analyst said the Chinese were mining bitcoins at a much cheaper rate than the rest of the world.

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A Crypto Blessing: China’s Plan to Ban Bitcoin Mining Will Work Wonders

The National Development and Reform Commission (NDRC) revealed its intent to eliminate the bitcoin and crypto mining sector immediately in its guidance for adjustments to industrial structure published on April 1.

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China Bitcoin Mining Ban Could Take Years to Implement

The reports of China looking to ban Bitcoin mining could take many years to implement. However, the proposed plan is further proof of Beijing’s anti-cryptocurrency stance as the country appears to eliminate all forms of crypto-related activities.

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China’s Proposed Bitcoin Mining Ban Could Snap Crypto Rally Dead

A Chinese government report has outlined a plan to kill bitcoin mining within its borders. The report, issued by the National Development and Reform Commission (NDRC), lists cryptocurrency mining as an industry that should be eliminated with immediate effect.

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China’s Proposed Bitcoin Mining Ban Would Be Good For BTC Price

China’s top economic planning body has unveiled its plan for future industrial structure, categorising industries as ‘encourage’, ‘restrict’ or ‘eliminate’.

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China Attemps to Spoil the Bitcoin Bull Run With Mining Ban Proposal

Any news coming out of China tends to trigger some cryptocurrency market momentum. In recent years, most of the news has been negative, which won’t surprise too many people. In the most recent development, it would appear China’s state planner wants to put an official end to Bitcoin mining in the country.

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China’s State Macroeconomic Planning Agency Mulls Ban on Crypto Mining

China's National Development and Reform Commission has revealed it is considering the elimination of crypto mining in the country

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Bitcoin [BTC] buyers using OTC platforms in China are paying extra for Tether [USDT]

After the recent market rally led by Bitcoin, Chinese crypto traders are making a comeback into the space. However, investors are having to pay an additional 3% on over-the-counter or OTC platforms [like Huobi] for the stablecoin Tether [USDT] to avoid a blanket ban on crypto-trading.

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Chinese Stablecoin Purchases Soar with Bitcoin Price

Despite the official ban on cryptocurrency in China, investors have bought large amounts of stablecoins from over-the-counter services (OTC) in the last week, following the rise in crypto prices, as reported on April 7, 2019.

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Chinese Crypto Whales Avoid Ban with Premium OTC Trading to Buy Bitcoin

According to CNLedger, a recognized source of China-related cryptocurrency news, the Chinese over-the-counter (OTC) market has revealed strong buys as of late, indicating an overall rise in demand for bitcoin.

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Bitcoin at $5,000: What Has Changed Since 2017

This article was originally published by 8btc and written by Olusegun Ogundeji. Bitcoin has crossed the $5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2, 2019.

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CNY Inflows Into Crypto Markets Surge After Shanghai Composite Spike

Back in January 2017, China’s financial authorities initiated their first crackdowns against domestic bitcoin exchanges, with a ban on mainland exchanges cryptocurrencies against the yuan coming shortly thereafter.

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China’s Resurgent Stock Market is Seeing Profits Flow Into Bitcoin

China is returning to Bitcoin investment despite its ongoing trading ban, data suggests this week as the Bitcoin price holds higher. Yuan No. 2 Entry Fiat Currency Statistics gathered by monitoring resource Coinlib showing capital inflow into bitcoin and other cryptocurrencies puts the Chinese yuan (CNY) in the top entry currencies.

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Donald Trump Will Strike Back Hard on China’s ‘Spying’ Huawei For Suing the US

President Donald Trump will hit back hard as Huawei files a lawsuit against the United States government. Huawei, the largest smartphone maker in China, says Trump acted as “judge, jury and executioner” with his ban on Huawei products.

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Will RBI’s Crypto Ban Stand? Supreme Court of India Orders for Clear Crypto Regulations

Bitcoin prices may be down but there is some wonderful development in India. Like China, cryptocurrency trading is illegal in the country thanks in part to the heavy handedness of the Reserve Bank of India.

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Bitcoin Core Developer Shows How to Run BTC Without An Internet Connection

Bitcoin (BTC) has been a very resilient currency during the last few years. It resisted a ban from China and regulations from different countries. Perhaps, the only way to shut Bitcoin down is by switching the internet off.

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Simon Dixon Reflects on the 10th Anniversary of Bitcoin

With the 10th anniversary of Bitcoin’s launch under the industry’s belt, it’s hard to believe how far the space has traveled in that time. Bitcoin Magazine has asked a number of long-time members of the space to reflect on their experiences, and published author Simon Dixon spoke with us about some of his observations over the years.

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China Judgements Online Data Shows Crypto Asset-Related Lawsuits Nearly Doubled in 2018

According to data provided by China Judgements Online, an online database that shows Chinese court documents, half of the lawsuits related to virtual currencies were filed in 2018. This shows how the crypto ban in China played a limited role in trying to avoid crypto-related scams in the market. As per China Judgements Online, there […]

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Where Are They Now?: More than a Year Since the ICO Ban, China Is a World Leader in Blockchain Technologies

Ever since the winter boom of 2017, blockchain and cryptocurrencies were catapulted into global discourse like never before; whether it was the sky-high crypto-market capitalizations, or the rush of freshly-funded blockchain startups advancing the frontiers of the bustling sector, it became evident it was no “fad.

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China’s Ban May Have Failed as Study Shows There’s Now 7.5 Million Chinese Cryptonians

China’s central bank boasted earlier this year that their probably illegitimate ban of crypto exchanges was very successful, but a new study is showing that the user numbers of cryptonians. .

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Apple faces ban on sales of older iPhones in China over a tussle with Qualcomm

Last night, chipmaker Qualcomm announced that a Chinese court has awarded it two preliminary injunctions against Apple that might lead to it being banned from selling its older phone models, ranging from the iPhone 6S to the iPhone X.

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Prominent Crypto Trader Michael Gu: China Bitcoin Ban is ‘Very Shallow’, Overhyped and Examined

Crypto advocates have repeatedly scrutinizedChina for their harsh stance on cryptocurrencies. Nevertheless, when Michael Gu (Blockchain expert and cryptocurrency analyst) sat down with the head trader at Genesis Block, Charles, the disclosures varied from the mass belief.

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What Is Huobi Chain? Introduction to Huobi Token

What Is Huobi? Huobi is a Singapore-based cryptocurrency exchange created in 2013 by former Oracle engineer Leon Li. Originally based in China, the Huobi Foundation expanded to Singapore, South Korea, and Japan following China’s 2017 Bitcoin trade ban.

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Regulations Roundup: Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency

In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes.

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Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency

In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes.

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China legalises Bitcoin

The decree announcing China’s blanket Bitcoin ban has been revoked by the Shenzhen Court of International Arbitration. The same court that announced and imposed the ban back in 2017. Now, China is ready to regulate and regularise the market in the country.

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VeChain introduces its Digital Carbon Platform while competition orchestrated a FUD against FunFair

China lifting the Bitcoin ban is fake news A couple of days ago we saw multiple reports come through claiming that China has lifted its infamous “Bitcoin ban”. The reports came out after Shenzhen Court of International Arbitration recognized Bitcoin as “a legal asset to be owned, transferred and utilized as a medium of payment […] The post VeChain introduces its Digital Carbon Platform while competition orchestrated a FUD against FunFair appeared first on CaptainAltcoin.

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China’s Lifting of Bitcoin Ban is Fake News

The news reports circulating that China has recalled its Bitcoin trading ban are not true and are a result of misinterpreting facts.

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No, China Has Not Legalized Nor Put an End to Bitcoin Ban; Inaccurate Reports

Throughout the past 24 hours, several publications and public figures have misreported that China has put an end to its blanket ban on bitcoin and the cryptocurrency exchange market. On Nov. 9, one cryptocurrency-focused publication released a story entitled “China Lifts Bitcoin Ban; Individuals and Businesses Can Now Own Cryptocurrencies Legally.

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Chinese Court: Bitcoin Is Property and Protected by Law

A Chinese Court recently ordered a company in a civil dispute to repay a misappropriated amount of cryptocurrency, setting a legal precedent for cryptocurrency-related disagreements. According to a Finance Magnates’ article published on November 5, 2018, despite China’s 2017 cryptocurrency ban, the Shenzhen Court recognized in the civil dispute that cryptocurrencies have economic value.

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China's Central Bank Wants to Put the Damper Airdrops: Report

The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.

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China's Central Bank Wants to Put the Damper on Airdrops: Report

The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.

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