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Yi Gang: The Digital Yuan Would Provide Controllable Anonymity
Yi Gang, People's bank of India governor, discussed the development of Yuan digital currency and hinted on the possibility of it serving as a currency substitute. This comes months after China's central bank governor stated something similar. дальше »
2022-11-2 21:00 | |
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Sharp Decline in Retail Investments As Bitcoin Braces For Tough Times
Bitcoin has been experiencing a sharp decline in retail investments for 426 days since last year’s great miner migration out of China. According to a recent network analytics report by Glassnode, the decline equates to the retail investor purge experienced for 474 days during the infamous 2018 bear market. This comes even as the Bitcoin […] дальше »
2022-9-30 23:28 | |
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Crypto Bust: China Collars 93 For Laundering $5 Billion In Digital Currencies
China has become a hotbed of illicit crypto trade lately. The country has earned quite a reputation in the international community when it comes to scams and illegal activities involving cryptocurrencies. дальше »
2022-9-29 04:12 | |
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Tencent Shuts Down China NFT Platform Citing Increasing Scrutiny
Chinese social media giant Tencent Holdings has closed its non-fungible tokens (NFT) platform Huanhe after just one year of operation. The move comes as regulatory scrutiny of NFTs mounts in the country. дальше »
2022-8-16 12:00 | |
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National Bank of Kazakhstan releases report on results of CBDC pilot project
In the crypto world, Kazakhstan made a name for itself as the safe haven offering refuge to crypto miners fleeing China's crackdowns. But the country is also active when comes to other parts of the fiThe post National Bank of Kazakhstan releases report on results of CBDC pilot project appeared first on AMBCrypto. дальше »
2021-12-15 18:00 | |
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Is China e-CNY CBDC effectively competing with WeChat Pay and AliPay
China has become the frontrunner when it comes to the global CBDC race. China's e-CNY is expected to witness a full-fledged launch by February 2022. However, so far, it has already conducted several lThe post Is China e-CNY CBDC effectively competing with WeChat Pay and AliPay appeared first on AMBCrypto. дальше »
2021-12-4 05:30 | |
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China Warns State-Owned Companies To Stop Bitcoin Mining Or Risk Strict Penalties
China has issued a warning to its state-owned enterprises to stop cryptocurrency mining. It also warned that it would increase electricity rates for companies that continue to defy the ban. This latest warning comes amid the ongoing crypto ban in the East Asian country. дальше »
2021-11-17 21:00 | |
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China braces itself for CBDC rollout, companies to implement e-CNY payment pilots
Winter is coming and so are the Beijing Winter Olympics, in just four months. Yet, in spite of the falling temperatures, China is only heating up when it comes to rolling out its CBDC. Now, more buThe post China braces itself for CBDC rollout, companies to implement e-CNY payment pilots appeared first on AMBCrypto. дальше »
2021-10-20 17:00 | |
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Does Russia have 'plans to change anything' when it comes to crypto-trading
Bitcoin has the potential to undermine the control of central banks over the money supply. China, for instance, has made some of the most aggressive moves against cryptocurrencies in 2021. On the contThe post Does Russia have 'plans to change anything' when it comes to crypto-trading appeared first on AMBCrypto. дальше »
2021-10-13 10:33 | |
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Fort Nakamoto: The US Should Buy A Strategic Reserve Of Bitcoin, Says US Senatorial Aspirant
Blake Masters, COO of Thiel Capital has called on the US to set up a strategic reserve of Bitcoin. His call comes on the heels of the decision of China to ban all cryptocurrency trading and allied activities. дальше »
2021-9-29 17:37 | |
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GQLab, COACH China, ZKBox release brand’s first NFT fashion project in China
The partnership comes as more luxury brands and media publications experiment with non-fungible tokens (NFTs) to engage and reward fans and audiences. ZKBox, a Layer2 NFT protocol based on ZK-RolluThe post GQLab, COACH China, ZKBox release brand’s first NFT fashion project in China appeared first on AMBCrypto. дальше »
2021-9-24 10:00 | |
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“We Want You In Wyoming,” U.S. Senator Tells Bitcoin Miners
Outspoken conservative Republican Senator Cynthia Lummis has invited Bitcoin miners to her state of Wyoming. Speaking to CNBC, she expressed her approval of the ability of Bitcoin mining to use about 40% of renewable energy sources compared to traditional mining methods that only use about 12%. дальше »
2021-7-4 22:17 | |
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What To Expect From Bitcoin Mining Difficulty Plunging 25% In Largest Downward Adjustment In History
Bitcoin mining difficulty, an attribute of Bitcoin that indicates how challenging it is to mine a new block, is poised to plunge by more than 25%. This historic drop comes as the out-turn of China’s rigorous crackdown on cryptocurrency mining — which, for the most part, affected Bitcoin. дальше »
2021-6-30 19:54 | |
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China’s Central Bank Orders Institutions To Block Crypto Transactions
The People’s Bank of China (PBOC) said on Monday it has ordered banks and payment institutions to crackdown on crypto. The move comes after the nation enforced a series of mining shutdowns, the latest of which took place in Sichuan. дальше »
2021-6-22 16:36 | |
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Chinese Authorities Order Shutdown Of 26 Bitcoin Mining Farms In Sichuan
Authorities in China have ordered the closure of crypto mining farms in Ya’an, a prefecture city in Sichuan that has emerged as a key crypto mining center. The order comes on the heels of Beijing’s wider clamp down on the bitcoin mining industry. дальше »
2021-6-18 16:55 | |
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China Global Television Network Talks Bitcoin Future: “We’re All Gonna Die”
Bitcoin is dead, is going to die, and more are not unheard of comments. The cryptocurrency being bad for the environment, the economy, even being called rat poison isn’t anything new. But “we’re all gonna die” if the emerging technology succeeds is definitely a new one, and completely out of left field. The comment comes […] дальше »
2021-5-29 21:14 | |
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Chinese Officials Are Investigating Crypto Mining Operations
Regulators in China’s Sichuan province are gathering information on cryptocurrency mining, potentially leading to a full crackdown on the practice, Reuters reports. The news comes after the Chinese government announced it will “crack down on bitcoin mining and trading behavior, and resolutely prevent the transfer of individual risks to the society” according to a statement. дальше »
2021-6-8 22:56 | |
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China Announces Huge Crackdown on Cryptocurrency Mining
According to a new announcement by the Chinese government, the country is looking to crack down on cryptocurrency mining. The Thursday statement, penned by the State Council’s Financial Stability and Development Committee chaired by Vice-Premier Liu He, comes just three days after regulators banned any financial institutions from doing any business related to cryptocurrencies. дальше »
2021-6-8 17:44 | |
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Digital Yuan Launch Draws Near: JD.com Employees Paid in e-CNY, Tencent, Ant, Mastercard Engage With PBoC
China, the world’s most populous country, has jumped leaps and bounds in comparison to a great number of other countries when it comes to the creation of a central bank digital currency. As each day passes, China’s digital yuan is seemingly getting closer to large-scale adoption, as big-name corporations like the e-commerce giant JD.com, Mastercard, […] дальше »
2021-5-5 22:00 | |
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China ‘endorses’ BTC investment: 5 things to watch in Bitcoin this week
A rare seal of approval from the People's Bank of China comes as Bitcoin recovers from a price crash which sent it to $52,000.
дальше »2021-4-19 12:23 | |
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Republican Kevin McCarthy says Fed chair needs more education on crypto
The House minority leader said the United States should not take a backseat to China when it comes to digital currencies.
дальше »2021-4-14 21:00 | |
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BTC Recovers Further as China’s Stance on BTC Shudders
The policy comes after China’s top economic planner National Development and Reform Commission (NDRC) said Inner Mongolia is the only province failing to constrain energy waste in 2019. BTC’s high energy consumption could be the main driver for this decision. дальше »
2021-3-2 19:22 | |
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Tensions are Rising Again Between the US and China; Will This Boost Bitcoin?
The US and China are once again seeing heightened tensions amidst a new push by the Chinese government to grab power within Hong Kong The Chinese President is now noting that he feels “threatened” by comments made by the US President, and it does appear that these tensions could soon escalate further This comes as investors are largely fleeing assets that could be impacted by further economic turmoil Bitcoin could be the big winner of […] дальше »
2020-5-23 21:00 | |
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Chinese Investors May Increasingly Invest in Bitcoin in Q2 as Local Funds Cripple
Search trends emerging from China show interest in ‘Bitcoin’ could hit an all-time high in the 12-month range. Chinese users’ increased attentiveness for the cryptocurrency comes against the backdrop of underperforming money-manager funds. дальше »
2020-4-22 10:35 | |
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U.S. Futures Plunge 5% as Global Recession Swats China’s Rescue Plan
The U.S. stock market is set to drop 5% at open. The gloomy pre-market data comes after analysts' stark warning on China's fiscal policy. The post U.S. Futures Plunge 5% as Global Recession Swats China’s Rescue Plan appeared first on CCN.com дальше »
2020-3-18 12:46 | |
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Bitcoin hashpower: The need to move out of China
China is seen as a dominant force when it comes to Bitcoin mining and the concentration of hash power. Cheap electricity has aided this East Asian country in hosting the majority of mining activities. дальше »
2020-3-2 18:00 | |
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China's banks continue to embrace blockchain despite scalability, usability concerns
The world of regulators has been itching to regulate cryptocurrencies and device a solution to avoid any economic "threat" that comes with it. Development announcements made by countries like China, SThe post China's banks continue to embrace blockchain despite scalability, usability concerns appeared first on AMBCrypto. дальше »
2020-2-22 12:36 | |
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Will China Regulate the Libra or ban it Altogether?
China’s stance on cryptocurrencies and digital assets seemingly hasn’t changed much. However, when it comes to handling Facebook’s Libra, battle lines may be drawn fairly soon. More specifically, the central bank is closely monitoring this situation. дальше »
2020-1-28 07:00 | |
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China Frantically Shuts Down Stock Market to Prevent Coronavirus Selloff
Chinese authorities have decided to suspend trading on the nation's two major stock exchanges. This comes after fears of a coronavirus crash. The post China Frantically Shuts Down Stock Market to Prevent Coronavirus Selloff appeared first on CCN.com дальше »
2020-1-29 06:48 | |
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Huawei’s CFO Faces U.S. Extradition as War for 5G Dominance Intensifies
Huawei's CFO, Meng Wanzhau, faces extradition to the United States. This comes as the U.S and China battle over 5G. The post Huawei’s CFO Faces U.S. Extradition as War for 5G Dominance Intensifies appeared first on CCN.com дальше »
2020-1-22 21:30 | |
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China’s Blockchain Services Network Will Launch in Q2 2020
China’s blockchain venture continue to dominate media headlines. As more information comes to light, it becomes easier to see the bigger picture. Many people wonder when China will launch its national blockchain network. дальше »
2020-1-8 02:00 | |
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Chinese Tech Giant Baidu Has Rolls Out Its Open-Sourced XuperChain Blockchain Network
Internet giant Baidu has just released its own cryptocurrency called Xuperchain. The news comes as China is preparing for launching the Yuan digital currency. According to finance. ifeng. com, Baidu’s Xuperchain has just been launched on January 6 with the Open Network, which is designed to empower SMEs and developers. дальше »
2020-1-6 18:27 | |
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Will China Win the Blockchain Race Leaving the US Behind?
China is the clear blockchain tech leader at the moment and the US is in danger of missing out entirely if it doesn’t even get off the starting line. China Leading the Way There have been no mistaking China’s intentions when it comes to blockchain technology. дальше »
2019-12-16 11:00 | |
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More than Half of Global Bitcoin Hash Rate Is Controlled by One Single Province in China
Coinspeaker More than Half of Global Bitcoin Hash Rate Is Controlled by One Single Province in ChinaA recent report has confirmed that not only does China control a large percentage of Bitcoin’s worldwide hash rate, but most of it also comes from just one province. дальше »
2019-12-13 15:16 | |
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Dow Futures Plunge 200 Points as Goldman Sachs Fears Recession
Dow Jones Industrial Average (DJIA) futures collapsed in early trading Monday, falling more than 200 points. The move comes on a trifecta of bad news for global stock markets. Goldman Sachs issued a recession warning, China continued to hold the yuan at weak levels, and Treasury bonds plunged overnight. дальше »
2019-8-12 13:24 | |
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Dow Implodes After China Bares Its Trade War Fangs
The Dow Jones is getting pummeled again, down 721 points (2. 72%) as a significant global move from risk comes on the back of a fresh escalation in Trump’s trade war with China. Beijing has mounted its most vigorous response yet, weaponizing the yuan and making an official point to avoid US agricultural exports. дальше »
2019-8-5 20:29 | |
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Why US public schools’ creepy use of surveillance AI should frighten you
Public schools across the US continue to spend millions implementing AI-powered surveillance solutions alleged to prevent or mitigate violence. The only problem: most of them don’t work. US schools now rival China’s when it comes to ubiquitous surveillance, yet our students remain at the highest risk for violence among developed nations. дальше »
2019-7-24 01:18 | |
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Dow Struggles for Momentum as China Reignites Trade War
Dow Jones futures struggled for traction on Wednesday, pointing to a flat open on Wall Street. Traders are yet again weighing the impact of a trade war as China moves towards a hard-line stance on negotiations. дальше »
2019-7-18 15:07 | |
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Destination Dystopia: Facial Recognition Payments Already a Thing in China
China appears to be head and shoulders above the rest of the world when it comes to new ways of processing financial transactions. Digital payments are booming in the hybrid communist-capitalist country, so much so that facial recognition payments are already a thing: The new way to pay in China. дальше »
2019-6-30 20:35 | |
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To Support Growth of Crypto Space, Chinese City Offers Rent Subsidies for Blockchain Companies
The blockchain industry is a growing market, and there are many regions that are hoping to become a big part of the revenue it comes with. Fuzhou, a city in China, has decided to provide rent support for blockchain businesses, hoping to bring more of these companies into their economy, according to reports from People’s […] дальше »
2019-6-12 03:12 | |
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Study: Most Traffic on Major Cryptocurrency Exchanges Comes From the United States and Japan
Nearly 50% of the global cryptocurrency traffic across various premier trading platforms such as Huobi, Bitfinex, OKEX, Kraken comes from Japan, America and South Korea. Crypto-centric traffic coming from China cannot be assessed with a lot of certainty since most altcoin enthusiasts in the region make use of VPNs that mask their identities and exact […] дальше »
2019-6-3 09:56 | |
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