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China Reinforces ‘Blockchain Not BTC’ Saying Cryptos Are ‘Unregistered Security’ & ‘Illegal Ponzi’
China is taking serious action against cryptocurrencies, solidifying its stance on “blockchain not bitcoin. ” Dovey Wan, Founding Partner at Primitive Crypto shared the latest developments where CCTV1, the national flagship television network of the People's Republic of China featured a 60-minute investigative program on cryptocurrency. дальше »
2019-11-18 18:51 | |
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China’s Blockchain-Not-Bitcoin Stance Reaffirmed on State TV
In yet another significant cryptocurrency-related development coming out of China, state-run CCTV1 aired a high-profile television program on blockchain earlier today that was negative towards cryptocurrencies. дальше »
2019-11-19 17:18 | |
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Chinese Gov’t Reaffirms ‘Blockchain Not Crypto’ Stance
China’s CCTV1, a state-backed social media, ran another story on crypto assets, featuring a 60-minutes exposition with President Xi. But this time, the message was not as enthusiastic as in the past. дальше »
2019-11-18 17:09 | |
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Chinese State Media Organization Prints Bitcoin Overview Article
A Chinese media agency recently published a detailed article on Bitcoin on the front page of its newspaper on November 11, 2019. This development is in line with China’s latest positive stance towards cryptocurrency and blockchain technology. дальше »
2019-11-12 21:00 | |
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Chinese Government Backtracks on Proposal to Ban Crypto Mining
China has reversed their stance on cryptocurrency mining within the country, leaving the door open for increased clarity and competition. The Chinese government had previously included “virtual currency mining” on the list of banned items in the Catalogue of Industrial Restructuring Guidelines that will be enforced from January 1, 2020. дальше »
2019-11-7 21:00 | |
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China Backtracks Stance on Cryptocurrency Mining After New Guidance Document
The National Development and Reform Commission of China appears to had a change of heart on cryptocurrency mining. In the 2019 version of the Industrial Structure Adjustment Guidance Catalogue, cryptocurrency mining is no longer considered an industry that needs to be eliminated. дальше »
2019-11-6 12:14 | |
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Xi’s Throwaway Blockchain Quote is Sparking China’s Crypto Frenzy Again
Blockchain business begins to boom in China. Bitcoin runs off the back of blockchain adoption, creating a vast grey area in the country. Provinces all over China start to heed President Xi’s call to action. дальше »
2019-11-1 14:56 | |
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China Launches Blockchain Propaganda App That Measures Communist Party Loyalty
Xi Jinping recently reiterated his blockchain-positive stance, praising the technology for its vast application. One application that the president of China did not specifically mention, but is coming to fruition, is its possibility to measure dedication to the Communist Party. дальше »
2019-10-31 17:01 | |
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Bitcoin Will ‘Never’ Crack China Due To Politics, Says Weiss Ratings
Bitcoin will not see official acceptance in China, ratings agency Weiss Ratings has declared as hype continues over the country’s Blockchain stance. Weiss: Bitcoin ‘Antithesis’ Of Chinese Politics In a tweet on October 28, Weiss, which has become well known for its no-nonsense tone on social media, said China would “never” use Bitcoin . дальше »
2019-10-29 13:30 | |
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Social media searches for Bitcoin booming as China Merchant Bank invests in popular BTC wallet
Search volumes for “Bitcoin” on China’s social media platforms have spiked sharply following the Chinese government’s announcement of an openly bullish stance on blockchain and its various applications, including digital finance. дальше »
2019-10-29 07:32 | |
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China’s President Xi Jinping’s ‘blockchain shill helps Bitcoin awareness’
One of the biggest boosts for the blockchain and cryptocurrency space this year unexpectedly came from China. With the country changing its stance from banning Bitcoin and other cryptocurrencies to launching its own digital coin, CBDC. дальше »
2019-10-28 22:30 | |
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What triggered Bitcoin’s price to suddenly surge 10% within minutes? Traders react
The Bitcoin price surged from $7,600 to $8,400 within a span of minutes on Oct. 25, almost immediately after Chinese President Xi Jinping said that China would focus on blockchain development. Is China a factor? Some investors anticipate that the rare release of a positive stance of the government of China on blockchain development could […] The post What triggered Bitcoin’s price to suddenly surge 10% within minutes? Traders react appeared first on CryptoSlate. дальше »
2019-10-26 19:58 | |
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Will the US Launch a Crypto Dollar? Coinbase CEO Ponders
Facebook’s attempted foray into the crypto world certainly grabbed the world’s attention. Meanwhile, China’s intentions to launch its own stablecoin grabbed the attention of US politicians. Industry leaders are now wondering whether the US will get left behind due to its negative stance towards digital assets. дальше »
2019-10-6 15:00 | |
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Top 5 Countries That Have Taken a Pro-Crypto Stance Lately
The U. S. may be dragging its heels but check out the top 5 pro-crypto countries that have taken positive action lately. Top 5 Pro-Crypto Countries The U. S. kicked the Bitcoin ETF can down the road and asked for more details on ICOs. дальше »
2019-10-1 20:00 | |
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Chinese Interest in Bitcoin has been on the Rise in 2019
China’s relationship with Bitcoin is something that has been a source of much speculation in the cryptocurrency space. From banning the trade of Bitcoin in 2017 to legalizing owning the digital currency, the stance keeps on changing. дальше »
2019-9-21 18:24 | |
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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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What Russia’s ‘Digital Iron Curtain’ Means for Bitcoin Users
The Russian Duma approved a bill that would enable the country to have a “Great Firewall” or “Iron Curtain” similar to what China has. The result of the law is that, whenever the government wants to, it can censor all incoming and outgoing traffic traveling through state-owned channels. дальше »
2019-4-13 00:58 | |
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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. дальше »
2019-4-9 14:20 | |
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Breaking: China Says ICOs and STOs Are Solicited Illegal Financial Activities, Involvement in Such Activities Will Be Severely Punished As of March 21 2019
It appears that China is tightening its regulatory stance on cryptocurrency. The Beijing Finance Industry Association has published a… The post Breaking: China Says ICOs and STOs Are Solicited Illegal Financial Activities, Involvement in Such Activities Will Be Severely Punished As of March 21 2019 appeared first on Invest In Blockchain. дальше »
2019-3-22 09:47 | |
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Wyoming Continues Its Friendly Overtures Towards the Crypto Community: Passes Four New Bills
At a time when crypto assets are increasingly being asphyxiated in the markets of Asia ( looking at you China and India) , the American state of Wyoming has taken a rather friendly stance. They have passed four new bills, which are expected to be signed into law by the states governor soon. This places […] дальше »
2019-2-20 19:29 | |
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Egyptian Billionaire Naguib Sawiris Defends Trump’s Trade War, Blasts China for ‘Raping Us’
In what is bound to be pleasing to the ears of U. S. President Donald Trump, Egyptian billionaire Naguib Sawiris has sided with the hardline stance that the leader of the world’s largest economy has taken amid the ongoing U. дальше »
2019-2-13 03:40 | |
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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. дальше »
2018-11-26 21:49 | |
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Bitcoin Remains Firms Despite China Reiterating Its Warning About Crypto
The price of bitcoin remained firm this week, gaining about half a percent, versus last week’s close amidst low volatility despite news out of China that suggests that the People’ Republic’s central bank’s stance towards digital currencies will not turn positive again anytime soon. дальше »
2018-11-13 21:00 | |
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China’s PBoC Releases Advice to Govt to Strengthen Blockchain and Crypto Financing Supervision
The People’s Bank of China has held onto their anti-cryptocurrency stance for quite some time, and they do not seem to be backing down anytime soon. As reported by Reuters on November 6th, the PBOC has issued a warning to the government to strengthen their supervision of blockchain financing, based on the “bubbles” in the […] дальше »
2018-11-8 00:22 | |
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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. дальше »
2018-11-5 22:04 | |
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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. дальше »
2018-11-7 22:04 | |
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People’s Bank of China Includes Crypto Token Airdrops in Its Anti-ICO Stance
People's Bank of China Includes Crypto Airdrops in its Anti ICO Stance China’ central bank, the People’s Bank of China (PBoC), recently mentioned cryptocurrency airdrops in its 2018 financial stability report it published on 2nd November. дальше »
2018-11-5 19:51 | |
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Hong Kong Securities Regulator Promises to Regulate Crypto Investment Funds
The Securities and Futures Commission (SFC) of Hong Kong has claimed that it will include crypto funds under its regulatory umbrella. The SFC issued a statement on November 1, 2018, laying out its new approach for regulating virtual assets in the future. дальше »
2018-11-2 00:40 | |
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Indian Officials Consider Ban on “Private Cryptocurrencies”
Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance. дальше »
2018-11-1 22:37 | |
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Chinese Ecommerce Giant JD Launches Blockchain Research Lab
While China is known for its rather unfriendly stance toward cryptocurrencies, the situation is significantly better when it comes to blockchain technology. Numerous companies, influential individuals, and even the country itself recognize that this is the technology of the future. дальше »
2018-10-31 14:00 | |
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CnLedger Crypto News Report Says China Businesses Can Accept Bitcoin Payments Legally
The Chinese government is known to come down hard on anything they see as a threat to the nation. Bitcoin and other cryptocurrencies were no exception. The state had placed a blanket ban in the past in order to protect the Chinese Yuan. дальше »
2018-10-29 00:16 | |
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Financial Action Task Force’s Crypto Guidelines Set for June 2019
Regulation of cryptocurrencies has been a major problem for countries that want to make use of their unique features. Countries like China and India have a hawkish stance on digital coins and have tried to curb their local crypto markets. дальше »
2018-10-23 14:29 | |
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Real Reason Why China Doesn’t Want Blockchain: Strict Censorship
The Cyberspace Administration of China is tightening its stance against anonymity offered under the garb of blockchain technology. The central internet regulator, notorious for its role in building the so-called “The Great Firewall of China,” has drafted new regulations that would require local blockchain companies to register users with their real names and national identification. дальше »
2018-10-22 12:10 | |
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Chinese Yuan Weakens to Yearly Low Point, Will it Strengthen Bitcoin?
The national currency of China weakened beyond a critical level as political tensions with the US worsened. The yuan dropped below 6. 93 per dollar this week, within a striking range of its January 2017 low, owing to a series of negative factors from weaker equities to a vaguer monetary stance by the People Bank of China. дальше »
2018-10-9 15:32 | |
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South Korean Lawmakers Call out Country’s Delay in Regulating Token Issuances and Cryptocurrencies
Pointing out the government’s delay in regulating initial coin offerings (ICOs) since a year, South Korean lawmakers called for swift regulatory action in a parliamentary forum on Oct. 2, reported Business Korea. дальше »
2018-10-5 10:00 | |
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Chinese Tech Publication Giant Set To Accept Bitcoin (BTC) From Readers
Readers can now enjoy the service of the oldest tech publication firm in China using cryptocurrencies. A measure adopted to expand the reach of its readership, however a stance against the position of the Chinese government on cryptocurrency. дальше »
2018-10-2 17:29 | |
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VeChain Partners with Chinese Insurance Firm to Create ‘Collaborative Ecosystem’ Using Thor Blockchain
China’s largest insurance conglomerate by total assets handled, the People’s Insurance Company of China (PICC), has partnered with VeChain, blockchain-based information tracking and governance systems company, with the goal of digitally transforming the insurance industry, according to a press release. дальше »
2018-9-4 22:00 | |
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China’s Biggest Tech Companies Join Anticrypto Cause
Baidu, Alibaba and Tencent have decided to clamp down on cryptocurrency-related activities on their platforms. According to an article in the South China Morning Post (SCMP) published on Aug 27, these Chinese companies may have taken these measures to align with the strict stance taken by Chinese authorities. дальше »
2018-8-28 18:55 | |
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