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Wuhan City Shelves NFT Plans Amid Growing Uncertainty In China
China stands among the top jurisdictions with solid opposition to crypto assets and NFT culture. The region shook the crypto space in 2021 with restrictive measures on crypto mining. It pronounced a complete crackdown on BTC mining which brought a drastic decline in the value of BTC. дальше »
2022-11-7 18:04 | |
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China holds $3.9B worth of Bitcoin despite anti-crypto stance
CryptoQuant co-founder Ki Young Ju said the Chinese government is a crypto whale, despite its negative posture toward the industry. The post China holds $3.9B worth of Bitcoin despite anti-crypto stance appeared first on CryptoSlate. дальше »
2022-11-3 15:17 | |
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Bitcoin Down Under: Australia Bags 4th Spot In Global Crypto Adoption – Survey
Bitcoin adoption has always been the subject of rigorous debates in many countries today. With financial powerhouses such as the U.S. and China still taking a hard stance against cryptocurrencies, it remains to be seen if the adoption of crypto by different nations will reach its peak in the near future. After all, the respective […] дальше »
2022-9-26 15:51 | |
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Filecoin service provider RRMine moves to Singapore due to China’s crypto restrictions
Filecoin’s storage company RRMine Global is moving its headquarters to Singapore from China due to the company’s more progressive stance toward cryptocurrencies. The post Filecoin service provider RRMine moves to Singapore due to China’s crypto restrictions appeared first on CryptoSlate. дальше »
2022-9-14 19:30 | |
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China’s Crypto Stance Takes A Hit As Shanghai’s Top Court Upholds Bitcoin As Property
A top court in Shangai, China’s biggest city and a global financial hub has upheld Bitcoin as property under Chinese laws, pitting the government against its own anti-crypto stance. дальше »
2022-5-6 16:59 | |
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Here's how China might be leading the CBDC race as Winter Olympics draws near
One might be tempted to think that China has dropped out of the crypto race, due to its stance against crypto transactions and more recently, NFTs. However, the country's latest CBDC adoption stats suThe post Here's how China might be leading the CBDC race as Winter Olympics draws near appeared first on AMBCrypto. дальше »
2022-1-15 19:30 | |
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China curbs short-video content on crypto mining, trading, to 'improve' content quality
China banning different crypto related activities has been springing up in the news quite often, over the last few months. As it happens, China's inhibitory stance against crypto continues to show up The post China curbs short-video content on crypto mining, trading, to 'improve' content quality appeared first on AMBCrypto. дальше »
2021-12-16 18:30 | |
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China regulators ask DiDi Global to delist from New York Stock Exchange
China's regulatory stance has been getting more stringent, post the blanket ban on cryptocurrency. The Chinese government had initially unveiled a five-year plan outlining tighter regulation of much oThe post China regulators ask DiDi Global to delist from New York Stock Exchange appeared first on AMBCrypto. дальше »
2021-11-26 12:02 | |
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Huobi suspends registration of new users to comply with regulations in China
China did it again. Same old news but the market was blown away like a leaf on a windy day. The country maintained its anti-crypto stance, which in turn compelled Huobi, one of the largest cryptocurreThe post Huobi suspends registration of new users to comply with regulations in China appeared first on AMBCrypto. дальше »
2021-9-26 22:00 | |
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Central Bank of China Plans to Keep Regulatory Pressure on Crypto Industry
China’s central bank has reaffirmed its stance on crypto trading, admitting that it will continue to keep pressure on its recent clampdown. The post Central Bank of China Plans to Keep Regulatory Pressure on Crypto Industry appeared first on BeInCrypto. дальше »
2021-7-31 16:28 | |
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China and Bitcoin: 'The final straw' would be something like...
China's stance regarding cryptocurrencies has been well documented and with each passing day, regulations around crypto mining and businesses are getting stricter. The changing regulatory landscape haThe post China and Bitcoin: 'The final straw' would be something like... appeared first on AMBCrypto. дальше »
2021-7-26 20:00 | |
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‘Clean’ Bitcoin (BTC) mining is coming via this Ohio nuclear plant
With China’s current negative stance towards Bitcoin mining plus Elon Musk’s Tesla insistence that they would only accept the digital asset as a payment method only if the mining process of the coin becomes more environmentally friendly, many crypto miners have been left to rue their losses. дальше »
2021-7-13 19:00 | |
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PBoC’s Beijing Office Cracks Down on Software Provider on Suspicion of Offering Crypto Services
Reiterating their stance on privately-issued cryptocurrencies, the Business Administration Department of the PBoC—China’s central bank, has “rectified” Beijing Tongdao Cultural Development Co. дальше »
2021-7-6 17:00 | |
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Why did Mexico remind financial institutions that they couldn’t trade Bitcoin, ETH, or XRP?
Following the restrictions put in place by China, the United Kingdom, and other nations on the use and operation of cryptocurrencies, Mexico has also clarified its stance. The financial authorities maThe post Why did Mexico remind financial institutions that they couldn’t trade Bitcoin, ETH, or XRP? appeared first on AMBCrypto. дальше »
2021-6-29 17:30 | |
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What’s the real reason for the China Crypto FUD?
The crypto markets have dropped significantly since May, down 50% from recent highs. The crash was partly attributed to China’s negative stance on crypto. What’s the truth behind the FUD? дальше »
2021-6-11 17:00 | |
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China Aims to Have World’s Most Advanced Blockchain Tech by 2025
In a move contrasting its stance on cryptocurrencies, China has issued guidelines for blockchain development within the country. The post China Aims to Have World’s Most Advanced Blockchain Tech by 2025 appeared first on BeInCrypto. дальше »
2021-6-8 17:05 | |
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Weibo Cracks Down Crypto Related Accounts as China Strengthens Its Anti Crypto Stance
Sina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country yesterday, according to reports from local sources. This might be a continuation of the anti-crypto stance the Chinese state has been exerting since 2013, and more profoundly in the last days with the crackdown of […] дальше »
2021-6-7 07:30 | |
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Bitcoin, Ethereum start the week strong as countries clarify stance on crypto regulations
Crypto markets started the week green admist generally favorable developments from China, India, and the US, with all three clarifying recent comments and circulars to alleviate fears of an impending crypto ban. дальше »
2021-6-1 10:23 | |
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Why The Recent China FUD Is Bullish For Bitcoin
Bitcoin price has now tanked by more than 50% from top to bottom, assuming that the bottom is in. The storm of pain for investors has come due to a series of FUD, capped off by China’s strictest stance against crypto yet. дальше »
2021-5-24 18:14 | |
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MicroStrategy’s Saylor On Why China Banning Bitcoin Mining Completely Could Ignite The Most Bullish Cycle
The Chinese government has made its intention to crack down on Bitcoin mining public, with Premier Liu He announcing as much this Friday. The world’s most expensive digital currency has undergone a massive bearish move over the past week, with Elon Musk poking a hole in pertinent affairs and news of China’s strengthened stance breaking […] дальше »
2021-5-22 18:06 | |
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‘Reiterated FUD’ – Chinese Government to Continue Monitoring Bitcoin Mining Sector
A recent report from the Chinese government’s financial committee has reiterated the country’s stance on bitcoin mining and that it would continue to monitor the sector closely. The report follows a recent article from Reuters published three days ago, which also reiterates China’s older warnings against the crypto industry. дальше »
2021-5-22 21:00 | |
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Bearish Rumble Intensifies As China Moves To Crack Down On Bitcoin Mining and Trading Activities
China appears to be ready to go to war with Bitcoin and other cryptocurrencies just about a month removed from changing its stance on digital assets. Earlier this week, it was reported that the country had banned financial institutions from conducting any crypto transactions but subsequent claims pointed out that the powers that be are […] дальше »
2021-5-22 20:25 | |
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Bitcoin Headed For A Catastrophic Price Drop As China Reiterates Negative Stance On Crypto
On Tuesday, a report from Reuters made claims of China passing a ban on financial institutions and payment companies, prohibiting any cryptocurrency transactions and warning investors over speculative crypto trading. дальше »
2021-5-19 15:35 | |
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China’s Carbon Neutral Stance Puts Pressure on BTC Miners, Sichuan Electricity to Increase 150%
Bitcoin’s global hashrate dropped ten days ago following a coal mine accident that caused significant grid blackouts in Xinjiang, China. While initial estimates had shown more than 40% of the hashrate dropped, statistics from a five-day average show the hashpower only lost around 25%. дальше »
2021-4-24 21:30 | |
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China’s Central Bank Looking to Regulate Bitcoin as an Investment Vehicle
High ranking officials of the People’s Bank of China (PBOC) have hinted that the apex bank is looking for ways to regulate bitcoin (BTC) as an investment vehicle, as they have major roles to play in the future, according to a Weixin report on April 18, 2021. дальше »
2021-4-20 15:00 | |
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China Changes Stance On Bitcoin, Now Sees It As ‘Investment Alternative’
After four years of banning the issuance and trading of cryptocurrencies, the People’s Bank of China seems to be changing its stance. This follows comments made by the deputy governor of the Central Bank of China, Li Bo who described Bitcoin as an investment alternative. дальше »
2021-4-20 13:44 | |
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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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China: Parliament passes law allowing inheritance of Bitcoin and cryptocurrencies; a changing crypto narrative?
China’s secretive stance on digital currencies is starting to reveal traces of long-term aspirations. The post China: Parliament passes law allowing inheritance of Bitcoin and cryptocurrencies; a changing crypto narrative? appeared first on CryptoSlate. дальше »
2020-5-31 05:00 | |
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Ripple CEO Criticizes Bitcoin for Being too Dominated by China
Talking to a TV anchor, Ripple CEO Brad Garlinghouse criticized Bitcoin for being represented by ‘four miners in China. ’ Ripple is taking a more aggressive stance towards Bitcoin as it tries to position itself as a cheaper alternative. дальше »
2020-2-18 15:10 | |
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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 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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Bitcoin (BTC) Reacting from $9,500, Will Hangzhou Internet Court Ruling Trigger Demand?
Bitcoin (BTC) steady below $10,000 Hangzhou Internet Court recognizes Bitcoin as property China may be restrictive, but Chinese miners plays a vital role in the Bitcoin ecosystem. Therefore, despite the People’s Bank of China stance, the ruling from Hangzhou Internet Court is bullish. дальше »
2019-7-25 20:00 | |
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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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China’s central bank is developing a state-run cryptocurrency in response to Facebook’s Libra
China’s central bank is creating its own cryptocurrency in response to Facebook’s Libra, said Wang Xin, director of the People’s Bank of China’s (PBOC) research bureau. Reasoning behind China’s hostility towards cryptocurrency China’s stance towards Bitcoin, and cryptocurrency in general, has been hostile—and understandably so. дальше »
2019-7-9 03:12 | |
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Bullish Signal: Chinese Government View of Bitcoin (BTC) Evolving
China, despite their hardliner stance against Bitcoin (BTC) and crypto trading, is an important player. Their position however is gradually evolving. The post Bullish Signal: Chinese Government View of Bitcoin (BTC) Evolving appeared first on Ethereum World News. дальше »
2019-7-2 13:34 | |
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Is Bitcoin “A Hedge Against Global Instability”? Economist & Trader says “NO” But is He Right?
While Bitcoin is up over 5% touching $8,200, the world share market has snapped its seven-day winning streak as the White House took a tough stance on trade talks with China. No visible rise in US inflation meanwhile is keeping up the talks of an early cut in interest rates. Global Market Drops while Bitcoin […] дальше »
2019-6-13 23:01 | |
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Bitcoin a Good Buy if Trade Tension Persists, Admits Wall Street Skeptic
By CCN: The frequently volatile stock market provides rare hideouts for investors but one of them could be bitcoin, according to Mr. Peter Boockvar of Bleakley Advisory Group. The chief investment officer said this week that a sharp rise in bitcoin price indicated that investors were unsure about the Federal Reserve’s stance on interest rate cuts, as well as about the outcome of an ongoing trade war between the US and China that kept buying sentiment weaker in both the Western and Asian stock markets. дальше »
2019-6-7 11:28 | |
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Bitcoin mining migrating from China to the United States
There are signs that Bitcoin mining is beginning to gain a foothold in the United States—a win for the decentralization of the cryptocurrency ecosystem. Considering the looming crypto mining ban, increasing pressure from the U. дальше »
2019-6-7 22:41 | |
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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?
This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »
2019-5-29 18:53 | |
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How Modi’s Win Raises the Stakes for US-India Relations in Light of China
By CCN: Following the conclusion of India’s parliamentary elections, the ruling Bharatiya Janata Party (BJP) headed by Prime Minister Narendra Modi secured a clear victory that many analysts have seen as a ringing endorsement of Modi’s policy direction over the past few years. дальше »
2019-5-26 16:30 | |
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China: It Is Legal To Own Bitcoins, Crypto Trading Still Banned
China, after recently applying stringent regulation to the cryptocurrency market, has offered an update on its stance, saying that… The post China: It Is Legal To Own Bitcoins, Crypto Trading Still Banned appeared first on Invest In Blockchain. дальше »
2019-5-23 12:28 | |
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Financial Stability Board Releases Crypto Asset Regulation Details Ahead of June’s G20 Summit
Digital asset regulation has become a big topic in 2019 after the rapid rise and fall in cryptocurrency prices at the end of 2017 and 2018 respectively. SEC has been on the spotlight after postponing the decision on Bitcoin ETFs, formation of regulation sandbox in Kenya to understand the technology better, China’s latest stance on […] дальше »
2019-4-13 05:34 | |
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