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Why China’s Move Against Bitcoin Is Turning Out To Be The Best Thing Ever For The Crypto Market
Bitcoin’s price suffered another tumble this week following the latest developments in China on the cryptocurrency front. The Chinese government had warned of its intention to crack down on mining in the country and it’s since been reported that more than 90 percent of the PRC’s mining capacity has been shut down as lots of […] дальше »
2021-6-23 12:54 | |
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THETA, VeChain, Tron Price Analysis: 22 June
The global crypto-market lost 5.04% of its market cap yesterday after Bitcoin dipped to $32,595 amid rising concerns associated with the latest FUD emerging from China. In fact, over the week, BitcoinThe post THETA, VeChain, Tron Price Analysis: 22 June appeared first on AMBCrypto. дальше »
2021-6-22 15:30 | |
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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 Officials in Ya’an Carry Out Crypto Mining Bans
Ya’an, a prefecture-level city in the Sichuan province, has become the latest region to experience China’s growing ban on cryptocurrency mining. The post Chinese Officials in Ya’an Carry Out Crypto Mining Bans appeared first on BeInCrypto. дальше »
2021-6-18 22:40 | |
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Bitcoin Mining Difficulty Falls to January Level Making it Easier to Mine BTC
The latest negative adjustment came after the hash rate dropped, yet again, due to China banning crypto mining operations in Xinjiang, Yunnan, and Qinghai last week. The post Bitcoin Mining Difficulty Falls to January Level Making it Easier to Mine BTC first appeared on BitcoinExchangeGuide. дальше »
2021-6-16 17:26 | |
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China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal Proceeds
Chinese authorities have announced that more than 170 criminal gangs have been eliminated and over 1,100 suspects arrested in the latest round of crackdown on criminal groups providing cryptocurrency money laundering services for telecom fraudsters. дальше »
2021-6-11 19:00 | |
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Southern China warns investors against illegal token platforms
China’s southern Hainan province is the latest to warn investors against crypto-based fundraising schemes.
дальше »2021-6-4 21:31 | |
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North American miners form ‘Bitcoin Mining Council’ with Elon Musk
While the Bitcoin miners in China reel from the after-effects of the country’s latest crypto attack, miners on the other side of the planet are reportedly forming a new council to promote sustainable mining. дальше »
2021-5-26 12:00 | |
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It’s not the first time – HSBC responds to China’s recent crypto regulation
According to Paul Mackel, global head of FX research for HSBC, the latest move by China to clamp down on cryptocurrency trading is not a “new development” He stated that the country has always put a strong regulatory framework on cryptocurrencies. дальше »
2021-5-24 14:45 | |
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MSFT Stock on Rise Now after Microsoft Pens New Deal to Enter Grocery Tech Market in China
Coinspeaker MSFT Stock on Rise Now after Microsoft Pens New Deal to Enter Grocery Tech Market in China Microsoft’s deal with Hanshow is its latest attempt to grab a piece of the booming retail industry. дальше »
2021-5-23 16:31 | |
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Alameda Research: Over-Leveraged Liquidations Fueled Crypto Markets Bloodbath
As the global crypto markets try to recover from the latest bloodbath that saw the value of the global cryptocurrency markets crash significantly below the psychological $2 trillion this week, analysts have revealed that the correction was not entirely caused by Elon Musk’s actions or the latest China crypto ban, but largely due to liquidationsRead More дальше »
2021-5-20 15:30 | |
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VanEck’s Latest ETFs Starts Trading on London Stock Exchange and Deutsche Boerse
The index tracks the prices of 26 pure-play digital asset companies, notably Galaxy Digital, Square, Voyager Digital, Riot Blockchain, Nvidia, Silvergate Capital, and others, with the US making up about two-thirds of allocation, followed by China, Canada, Germany, Taiwan, and the UK. дальше »
2021-5-8 18:33 | |
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China’s Latest Digital Renminbi Trial Targets 500k People Plus Cross Border Payments
The Chinese government is conducting fresh digital yuan tests in six new provinces including Shanghai, Hainan, Changsha, Xi’an, Qingdao, and Dalian. The government has increased the scope of this latest DCEP trial from the previous 50,000 to 500,000 users. дальше »
2021-4-15 15:30 | |
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Blockchain Mentioned in China 5-Year Policy Plan
The latest plan highlights China’s general goals and priorities leading into 2025. It also lays out pressing economic matters while underlining the use of technology implementing plans. As part of President Xi Jinping’s Vision 2035 strategy, blockchain will play a transformative role in China’s technological advancement. дальше »
2021-3-13 20:42 | |
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China’s Inner Mongolia Bans Crypto Mining while Bitcoin Miners Rake in Record-Breaking Revenue
The cryptocurrency miners have broken the December 2017 revenue record of $1. 25 billion by generating a whopping $1. 36 billion in revenue in February. Up 21% from January revenue, the latest numbers are in part due to the price of Bitcoin hitting a new peak at just above $58,300. дальше »
2021-3-3 21:45 | |
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China’s Digital Yuan Trial Moves to Promotion Stage, WeBank and MYbank Jump In
In the latest development, two privately owned banks, Ant Group’s MyBank and Tencent’s WeBank, were enlisted to participate in the digital yuan trials. These two would be the first modern fintech firms to be allowed to participate in the ongoing trials that began late last year. дальше »
2021-2-23 14:13 | |
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Research: China Still Dominating the Cryptospace Despite Regulatory Bottlenecks
The latest research report released by Messari has revealed that the Asian region still dominates the cryptocurrency markets, with China leading the pack, despite the country’s overly strict, albeit draconian digital assets regulation. дальше »
2021-1-21 18:01 | |
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IOST Leads under “Basic Technology” in the Latest CCID Ranking
The Center for Information and Industry Development (CCID), an agency under China’s Ministry of Industry and Information Technology, and a part of the Secretariat of China Blockchain Ecosystem Alliance, in their 21st release of the CCID Global Public Blockchain Technology Assessment Index, rank IOST third only behind EOS and Ethereum. дальше »
2020-12-15 16:06 | |
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China: Suzhou's DCEP trial sees digital yuan on JD.com, Meituan, and Didi
Today, the 11th of December, marked the first day of China’s latest DCEP trial in Suzhou after results of the lottery were announced earlier in the day. The day saw 200 million RMB ($30. 6 million) oThe post China: Suzhou's DCEP trial sees digital yuan on JD. дальше »
2020-12-12 21:00 | |
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Advantage China if new regulatory proposals are pushed? Yes, says Circle's CEO
Popular crypto-platform Circle is in the news after it announced the launch of a major platform upgrade. At the core of Circle’s latest platform upgrade will be a new digital currency native treasurThe post Advantage China if new regulatory proposals are pushed? Yes, says Circle's CEO appeared first on AMBCrypto. дальше »
2020-12-10 19:00 | |
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Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders
Chinese authorities are launching a national crackdown against fraudulent SIM card and bank account schemes. The latest detained under this operation is one of the founders of a Hong Kong-based cryptocurrency exchange CEO Global (ceobi). дальше »
2020-12-10 10:30 | |
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Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) price analysis as China distributes $3mln of digital yuan
Cryptocurrency market cap moved about 2% lower today as some investors decided to take profit after the latest push higher. In the meantime, China distributed $3 million of digital yuan. Fundamental analysis: JD. дальше »
2020-12-8 23:25 | |
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JD.Com Says It’s Accepting China’s Digital Yuan for Latest Lottery
Chinese e-commerce firm JD.Com says it's become the first online platform to accept the nation's central bank digital currency. дальше »
2020-12-6 13:05 | |
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Suzhou Becomes the Latest City in China to Introduce Digital Yuan
According to reports from BTC in China, the city, just to the west of Shanghai, will be the second to roll out what’s being called a “red envelope” trial for the forthcoming digital yuan. Plans for Suzhou come on the heels of a pilot scheme run in Shenzhen last month. дальше »
2020-11-24 16:34 | |
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China Construction Bank to Sell $3 Billion Debt Bond on Blockchain
Blockchain technology has given companies the opportunity to move from traditional operating methods to simpler methods. The latest developments in China confirm this point. $3 Billion Bond Set for Sale via Bitcoin China Construction Bank, the world’s second-largest bank, announced plans to sell $3 billion in debt to the public through Bitcoin. дальше »
2020-11-12 15:00 | |
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China Awards Shenzhen Residents with 200 RMB in its DCEP to Spend and Test Out Locally
China is forging ahead with the latest testing of its digital currency electronic payment (DCEP) that is awarding lottery winners tickets in Shenzhen with 200RMB (30 USD) in DCEP to test out and spend locally. дальше »
2020-10-13 21:30 | |
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China Trials Central Bank Digital Currency with $1.5 Million in Handouts
China continues to push on with its central bank-issued digital currency trials. The latest initiative saw 50,000 citizens receive the digital yuan to use at real-world retailers. The government of the tech hub region of Shenzhen sent out a total of almost 10 million yuan (~$1. дальше »
2020-10-14 14:36 | |
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Bitcoin News Roundup for Oct. 12, 2020
With BTC back above $11K and China giving away its new digital currency, CoinDesk’s Markets Daily is back for your latest crypto news roundup! дальше »
2020-10-12 19:00 | |
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People’s Bank of China (PBoC) Testing Digital Yuan (DCEP) for Credit Card Payments
China has been aggressively developing its central bank-issued digital currency (CBDC), popularly known as digital yuan. As per the latest reports, the People's Bank of China is currently running a pilot project to test the use cases of its digital yuan for card payments, fees, credit card payments, and more. дальше »
2020-9-24 05:17 | |
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Bitcoin News Roundup for Sept. 17, 2020
With bitcoin slipping with European stocks and a leaked memo about China's blockchain plans, CoinDesk’s Markets Daily is back for your latest crypto news roundup! дальше »
2020-9-18 19:00 | |
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Bitmain’s Wu Regains Power Over Micree Zhan As Jihan Named Legal Representative
The struggle for Bitmain’s control has taken a different turn, with Jihan Wu regaining the position of executive director and legal representative of this Chinese Bitcoin mining rig manufacturer. According to the latest update on China’s business registration record, Macree Zhan will no longer serve in the above capacities but remains a general manager in […] The post Bitmain’s Wu Regains Power Over Micree Zhan As Jihan Named Legal Representative first appeared on BitcoinExchangeGuide. дальше »
2020-9-15 18:42 | |
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Euro’s Dominance at Risk of Replacement by Digital Yuan in the Next Five Years: dGen Report
The Euro might be overtaken by China’s digital Yuan as soon as 2025 if the European Union will not have launched a CBDC by then, highlights the latest research report by German-domiciled think tank, dGen. дальше »
2020-9-10 21:15 | |
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Kenya Leads Crypto Adoption In P2P Exchange Volumes; Ukraine Tops Global Index: Chainalysis
Chainalysis, a cryptocurrency, and blockchain analysis firm, released it's latest Global Crypto Adoption Index 2020, showing developing countries are witnessing greater adoption for crypto – Ukraine, Venezuela, and Kenya featured in the top five countries with Russia and China completing the list. дальше »
2020-9-10 22:33 | |
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Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, continues to evaluate and rank […] The post Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center appeared first on Bitcoin News. дальше »
2020-8-29 19:30 | |
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IOST Rises to 3rd Position in the Latest CCID Rankings; Holds 1st Position in Basic Technology
In the 19th issue of the Global Public Chain Technology Evaluation Index announced by the China Electronics and Information Industry Development Institute (CCID Research Institute) on Aug 26, IOST is up one spot to third, edging out Tron but trailing EOS and Ethereum. дальше »
2020-8-26 16:16 | |
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Chainalysis: $50 billion was moved from China using cryptocurrencies
Over the past year, more than $50 billion in cryptocurrencies was moved from digital wallets in China to other jurisdictions, according to the latest Chainalysis report. Chinese people use cryptocurrencies to bypass financial cross-border controls. дальше »
2020-8-23 14:29 | |
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China: Digital Yuan to Be Piloted in More Cities, Policy Design Will Be Completed by End of 2020
The latest official statement from China’s Commerce Ministry seeking to comprehensively deepen pilot tasks, highlight specific measures, and specify the division of responsibilities for the innovative development of service trade reveals that more cities in the second-largest economy will pilot the digital yuan. дальше »
2020-8-15 01:00 | |
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The Latest on the Global Economy’s Most Contentious Relationship
China and the U.S. trade high-profile sanctions, but the real impact is showing up in banks and on the Hong Kong stock market. дальше »
2020-8-10 22:00 | |
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