China to gift citizens 90M digital yuan via lottery to restart economy

Three Chinese provinces have announced plans to disburse roughly 90 million yuan among citizens in the form of digital yuan (e-CNY) in “red packets” to restart the country’s economy following multiple Covid-19 lockdowns, according to local media reports. дальше »

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China Will Airdrop Digital Yuan to Boost Locked Down Economy

China’s Shenzhen district will distribute 30 million digital yuan via red envelopes through a lottery program in a bid to boost the local economy which has been affected by lockdowns. The post China Will Airdrop Digital Yuan to Boost Locked Down Economy appeared first on BeInCrypto. дальше »

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First Mover Asia: Bitcoin Extends Losing Streak, New LUNAs Crash Like Old LUNAs, Stepn's China Dilemma

Bitcoin was headed for a ninth-straight weekly loss, a record in the largest cryptocurrency's trading history dating back to the early 2010s. Terra delivered its new LUNA "revival" tokens, and the price promptly crashed. дальше »

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STEPN Token Crashes Following China Ban Announcement

The two popular twin tokens, STEPN (GMT) and Green Satoshi (GNT), plunged following the announcement that the app would ban players from mainland China. GMT fell from $1. 24 to $0. 83 following the ban announcement but has regained strength and is now at $1. дальше »

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Digital Yuan Ban: Senators Seek To Ban China’s E-CNY From US App Stores

Three Republican senators are pushing to prohibit portals from allowing apps that facilitate payments of China’s digital yuan out of concern that it could be used for espionage against American citizens. дальше »

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STEPN (GMT) price surges 20% a day after STEPN said it’ll block GPS services in China

STEPN, the most popular fitness-focused Move-to-earn game, shared an official announcement stating that they… The post STEPN (GMT) price surges 20% a day after STEPN said it’ll block GPS services in China appeared first on CoinJournal. дальше »

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New US bill to block Google and Apple from hosting apps that accept eCNY

The United States is looking to bar Google and Apple from supporting applications that allow payments in China’s digital yuan (eCNY). The post New US bill to block Google and Apple from hosting apps that accept eCNY appeared first on CryptoSlate. дальше »

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New U.S. bill to block Google and Apple from hosting apps that accept eCNY

The United States is looking to bar Google and Apple from supporting applications that allow payments in China’s digital yuan (eCNY). The post New U.S. bill to block Google and Apple from hosting apps that accept eCNY appeared first on CryptoSlate. дальше »

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U.S. Bill Seeks to Ban China’s Digital Yuan From App Stores, Chinese Embassy Calls It ‘Bullying’

Three U.S. senators introduced a bill that would prohibit U.S. based platforms from enabling transactions that support China's digital yuan. The post U.S. Bill Seeks to Ban China’s Digital Yuan From App Stores, Chinese Embassy Calls It ‘Bullying’ appeared first on BeInCrypto. дальше »

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U.S Bill Seeks to Ban China’s Digital Yuan From App Stores, Chinese Embassy Calls It “Bullying”

Three U.S. senators introduced a bill that would prohibit U.S. based platforms from enabling transactions that support China's digital yuan. The post U.S Bill Seeks to Ban China’s Digital Yuan From App Stores, Chinese Embassy Calls It “Bullying” appeared first on BeInCrypto. дальше »

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STEPN: How China's 'regulatory policies' caused a crash in yet another token

STEPN, a move-to-earn blockchain project had exploded by a staggering 20,000% after launching earlier this year. In fact, the move-to-earn fitness app also saw native token(s) register strong gains inThe post STEPN: How China's 'regulatory policies' caused a crash in yet another token appeared first on AMBCrypto. дальше »

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Chinese Bitcoin Miners Resurrect After Lying Low For Months In Response To The Government’s Crackdown

At the height of its power, China controlled the largest hash rates on the Bitcoin network with over 60% of global figures. дальше »

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Stepn to block mainland China users to comply with regulatory policies

In a move to comply with Chinese regulatory policies, Stepn will be blocking users based in mainland China from its mobile app.

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Move-to-Earn App STEPN Hit Hard by China Ban

Users playing from Chinese IP addresses will have their GPS cut from Jul. 15. STEPN to Restrict Chinese Players STEPN is cutting its services for players in mainland China, and... дальше »

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STEPN removes GPS in China, can the value of the token recover?

STEPN GMT/USD is a web3 lifestyle application that features built-in Game-Fi and Social-Fi elements that aim to aid people in their daily activity needs.   In other words, it is a fitness tracker that has play-to-earn (P2E) mechanics. дальше »

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STEPN removes GPS in China amid regulatory concerns – price drops 40%

STEPN, the revolutionary move-to-earn project, has announced they will be forced to stop providing GPS services to users within mainland China on July 15, 2022. The post STEPN removes GPS in China amid regulatory concerns – price drops 40% appeared first on CryptoSlate. дальше »

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Stepn to Bar Gameplay in China, Sending 'Move-to-Earn' Token GMT Spiraling

Popular "move-to-earn" crypto game STEPN will exit the Chinese market due to regulatory concerns, the company said Thursday. дальше »

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Binance запустит регулируемую криптоплатформу на Ближнем Востоке в июне

Биткоин-биржа Binance готовится к запуску платежных и трейдинговых сервисов на основе полученных в Дубае и Бахрейне лицензий, сообщает South China Morning Post. Компания работает с местными банками, нанимает персонал и специалистов по комплаенсу, уточнил глава Binance по региону MENA Ричард Тэн. дальше »

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China’s Blockchain Services Network promises most of the thrills at a fraction of the cost

According to CNBC, China’s state-sponsored Blockchain Services Network (BSN) is set to launch its first international project this August. The post China’s Blockchain Services Network promises most of the thrills at a fraction of the cost appeared first on CryptoSlate. дальше »

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Surveillance Concerns as China’s State Blockchain Firm Plans International Expansion

The Blockchain-based Service Network (BSN) is planning a foray beyond China with an international version of the platform. The post Surveillance Concerns as China’s State Blockchain Firm Plans International Expansion appeared first on BeInCrypto. дальше »

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China Can’t Seem to Stop Bitcoin Mining

Reported hashrate fell to zero for two months in China last year, but it has since returned rather abruptly. дальше »

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Arweave Attracts More Chinese Content Creators in Fight Against Censorship

In China, residents turn to NFTs stored on the blockchain using Arweave to record moments of the pandemic and other censorable media. The post Arweave Attracts More Chinese Content Creators in Fight Against Censorship appeared first on BeInCrypto. дальше »

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Do Kwon faces legal trouble in South Korea, China remains Bitcoin mining powerhouse, and Ethereum 2.0 eyes ‘huge testing milestone’: Hodler’s Digest, May 15-21

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Why We Can’t Trust Bitcoin Mining Hash Rate Data From China

The changing proportion of Bitcoin network hash rate emanating from China can be explained by the inherent flaws in how this data is collected. дальше »

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China makes a comeback in the Bitcoin mining scene

New Bitcoin (BTC) mining data from the Cambridge Centre for Alternative Finance (CCAF) has revealed that China has resurfaced as a leading mining hub. The post China makes a comeback in the Bitcoin mining scene appeared first on CryptoSlate. дальше »

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New Data Shows China Still Controls 21% Of The Global Bitcoin Mining Hashrate

China is back with a vengeance. The Cambridge Centre for Alternative Finance, or CCAF, collected data “spanning the period from September 2021 to January 2022” for their latest study. The headline is that, ban or no ban, the Asian country controls 21% of the Global Bitcoin mining hashrate. дальше »

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Cardano (ADA) Could Slide Back To $0.40 – But $0.68 Still Doable

Cardano (ADA) price looks bullish as it does a U-turn on Monday following negative economic spikes from China getting crypto traders all worried. In addition, many major corporations are exiting Russia, including McDonald’s. дальше »

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The 'underground' story behind China's ban on crypto-mining

Last year, China imposed an absolute ban on attributes related to the largest cryptocurrency, Bitcoin. In June 2021, China told banks to stop facilitating transactions and issued bans on mining. ChinaThe post The 'underground' story behind China's ban on crypto-mining appeared first on AMBCrypto. дальше »

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Massive Underground Mining Operations Active in China, Cambridge Data Reveals

Major Bitcoin mining operations may have persisted underground in China, despite the ban on the practice last year, according to recent data from Cambridge University. The post Massive Underground Mining Operations Active in China, Cambridge Data Reveals appeared first on BeInCrypto. дальше »

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China returns as second-largest Bitcoin mining hub: report

Bitcoin mining has picked up again in China, a new report suggests. According to… The post China returns as second-largest Bitcoin mining hub: report appeared first on Coin Journal. дальше »

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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. дальше »

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Bitcoin, Ether Hover Above Support Amid China Optimism, US Futures Bump Up

Crypto markets added 3.2% on Tuesday after nearly a week of steady declines. дальше »

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Bitcoin Mining Appears to Have Survived Ban in China

China is once again contributing a significant chunk of the world's bitcoin mining operations despite the ban last year, according to the Cambridge Centre for Alternative Finance (CCAF). дальше »

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China returns as 2nd top Bitcoin mining hub despite the crypto ban

China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year. дальше »

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Bitcoin Protected Under Chinese Law, Says China High Court

The Shanghai High People's Court in China ruled that Bitcoin is a virtual asset protected by Chinese law, and has economic value. The post Bitcoin Protected Under Chinese Law, Says China High Court appeared first on BeInCrypto. дальше »

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China’s Digital Yuan Rolled out on Transport Networks in Major Cities

China's digital yuan is seeing its adoption grow by the day, most recently in the transportation sector of Xiamen and Guangzhou. The post China’s Digital Yuan Rolled out on Transport Networks in Major Cities appeared first on BeInCrypto. дальше »

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Deribit and OKX attract significant traffic from China despite a blanket ban: Report

Recent geographical traffic data highlights that Chinese traders continue to access centralized exchanges despite a regulatory risk. дальше »

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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 »

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Bitcoin Sell-Off Continues as Asian Markets Fall Amid Weak China Cues

Bitcoin continues losses as major markets around Asia end the week дальше »

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First Mover Asia: Events in China, India Have Also Weighed on Crypto Prices

Investors may have been focusing on interest rate hikes and the economic fallout of Russia’s Ukraine invasion, but bitcoin has been subject to other headwinds; cryptos rise post rate hike. дальше »

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NFTs Being Used as Unerasable Proof of Covid Documentary in Shanghai

Inhabitants of Shanghai, China's most populous city, have been employing the use of blockchain technology to protect the memories of the ongoing Covid-19 lockdown in their state.  The post NFTs Being Used as Unerasable Proof of Covid Documentary in Shanghai appeared first on BeInCrypto. дальше »

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Bitcoin retreats toward $38K after Friday sparks losses for 'nearly everything' outside China

Chinese equities were the rare winners as the May holidays arrived with a whimper for most traders.

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Bitcoin retreats toward $38K after Friday sparks losses for ‘nearly everything’ outside China

Chinese equities were the rare winners as the May holidays arrived with a whimper for most traders.

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Residents of 3 Chinese cities paying taxes and charges with digital yuan

China has expanded its central bank digital currency pilot program to include the payment of tax, stamp duty and social security. дальше »

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Bitcoin network hash rate hit a new record high amid price volatility

Bitcoin network hash rate hit a new record high, seeing a 400% increase since the mining ban by China last year.

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China and the World Economy

China's economy slowed late in 2021 and early 2022, and this could potentially be a drag on global growth. дальше »

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First Mover Asia: Slow Start to the Week for Crypto as China Lockdowns Drag on Stocks, S&P 500

Major equity markets in Asia have declined significantly in recent months, and bitcoin has followed a similar pattern. дальше »

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First Mover Asia: The Metaverse Is Subject to Earth’s Boring Old Rules

GameFi adoption has been hitting obstacles worldwide, including China and Korea, because of laws about converting in-game tokens to currency; major cryptos drop. дальше »

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The New China: Is New York Actually Going To Ban Proof-Of-Work Mining?

The state of New York is about to shoot itself in the foot yet again. First, the infamous BitLicense drew all cryptocurrency companies away and now they’re considering banning Proof-Of-Work mining. Or at least making it very hard for mining facilities and home miners to operate from the state.  The New York State Assembly will […] дальше »

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The road to globalization: Huobi’s journey and contribution to the crypto space

China’s clampdown on crypto last year massively disrupted the global crypto scene, leaving native crypto trading platforms with no choice but to expand outside of China’s borders. Huobi Global is The post The road to globalization: Huobi’s journey and contribution to the crypto space appeared first on AMBCrypto. дальше »

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