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Binance to Delist Chinese Yuan and Restrict Users from Mainland China
Leading cryptocurrency exchange Binance, said that the Chinese yuan (CNY) trading will not be available on its customer-to-customer (C2C) trading platform by the end of December 2021. Binance Takes Action Against Mainland Chinese Users Binance announced the news via a press release on Wednesday (October 13, 2021). дальше »
2021-10-13 20:00 | |
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Binance delists CNY trading zone as it stops services for Chinese users
Binance had to pump its brakes on operations in China amid the growing crackdown in the country. Following the decision to wind down services in China, Binance has now announced it is delisting the C2The post Binance delists CNY trading zone as it stops services for Chinese users appeared first on AMBCrypto. дальше »
2021-10-13 12:30 | |
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Binance Delisting Chinese Yuan Pairs for OTC Crypto Trading
In an announcement on Oct 13, Binance stated that it will be terminating Chinese Yuan (CNY) trading at the end of the year. The post Binance Delisting Chinese Yuan Pairs for OTC Crypto Trading appeared first on BeInCrypto. дальше »
2021-10-13 10:48 | |
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Bitcoin drops $1,100 in minutes after Binance culls Chinese OTC deals
Bitcoin dropped $1,000 this morning, from $56,300 to under $55,000, after crypto exchange Binance announced it would drop its Chinese Yen trade pairings for Mainland customers. The post Bitcoin drops $1,100 in minutes after Binance culls Chinese OTC deals appeared first on CryptoSlate. дальше »
2021-10-13 09:01 | |
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Chinese Blockchain Project BSN Launches New Portal in Turkey and Uzbekistan
China’s Blockchain-based Service Network (BSN) has continued to expand its horizon despite the country’s strict regulation. The blockchain project has announced the expansion of its portals to Turkey and Uzbekistan. дальше »
2021-10-13 23:00 | |
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The Future Of Crypto In China Gets Bleaker As Over 20 Cryptocurrency Firms Withdraw From The Chinese Market
China’s seriousness with its near blanket ban of all things crypto-related in the country has begun to receive telling reactions from crypto-businesses. According to a report by a local news outlet, as many as 20 virtual currency companies have disclosed that they are ending their operations in China and completely withdrawing from the Asian country […] дальше »
2021-10-13 22:10 | |
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Over 20 crypto firms leave China because of ban
The effect of China’s crypto ban on the country’s digital asset economy is profound as new statistics have revealed that at least 20 crypto-related firms have been forced to either suspend their services to Chinese users or close off their businesses entirely. дальше »
2021-10-12 10:00 | |
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Bitcoin Miner Maker Ebang Focusing on R&D and Sales of Dogecoin Mining Machines Besides BTC
The company reported a massive drop in government grants caused by the decrease of tax rewards from the Chinese government. The post Bitcoin Miner Maker Ebang Focusing on R&D and Sales of Dogecoin Mining Machines Besides BTC first appeared on BitcoinExchangeGuide. дальше »
2021-10-10 18:02 | |
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Bitmain will no longer ship Bitcoin mining equipment to China
Chinese Cryptocurrency mining equipment manufacturer, Bitmain will be taking its business outside China following the crypto ban in the country. The company announced this through a blog post on SundaThe post Bitmain will no longer ship Bitcoin mining equipment to China appeared first on AMBCrypto. дальше »
2021-10-10 16:00 | |
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Chinese Crypto Exchange BitZ Announces Closure as Crackdown Continues
Amidst another major crypto clampdown in China, the 4-year old Chinese crypto exchange BitZ shutters its operations. The post Chinese Crypto Exchange BitZ Announces Closure as Crackdown Continues appeared first on BeInCrypto. дальше »
2021-10-9 21:09 | |
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Bitcoin ‘Heavy Breakout’ Fractal Suggests BTC Price Can Hit $98,000 In 2021
Bitcoin is up 25% in the last 7 days and yesterday crossed the $55,000 price mark for the first time since May. The renewed price uplift comes after last month’s notable sell-offs that were associated with the Chinese new ban threats, regulatory pressures on exchanges, and the Evergrande crisis. дальше »
2021-10-8 22:19 | |
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Tether Slams Bloomberg’s Investigative Report as Pre-Packaged with A Pre-Determined Narrative
Bloomberg says Tether has invested billions of dollars of its reserves in Chinese commercial paper and loaned $1 billion to crypto lender Celsius Network with Bitcoin as collateral. The post Tether Slams Bloomberg’s Investigative Report as Pre-Packaged with A Pre-Determined Narrative first appeared on BitcoinExchangeGuide. дальше »
2021-10-7 18:47 | |
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Indacoin Exchange Review 2021 – Is It Legit Bitcoin Exchange
Indacoin is a London-based Bitcoin exchange that enables the quickest Bitcoin purchases in more than 200 countries with a debit or credit card and no registration. It was founded in 2013 and can be used in many languages like English, Chinese, Spanish, and Russian. дальше »
2021-10-6 09:19 | |
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Crypto Exchange KuCoin Confirms December Deadline for Removal of Chinese Traders
The Chinese government is making progress in its mission to eradicate cryptocurrencies from its economy. The move by the government has prompted companies to distance themselves from cryptocurrency-backed transactions in mainland China to avoid any rift with Beijing. дальше »
2021-10-5 18:52 | |
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Relocated Chinese miners in Kyrgyzstan will now pay more for electricity
After China banned mining in the country earlier this year, the Kyrgyz Republic had become one of the hotspots for the mining pools. The Kyrgyzstan government, however, recently issued a notice to The post Relocated Chinese miners in Kyrgyzstan will now pay more for electricity appeared first on AMBCrypto. дальше »
2021-10-4 23:30 | |
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Kucoin follows other crypto exchanges as it closes doors to Chinese users
Yet another exchange banned Chinese users from their platform, as Kucoin became the latest exchange to ban cryptocurrency users from mainland China on Sunday. The exchange noted in a statement, "ForThe post Kucoin follows other crypto exchanges as it closes doors to Chinese users appeared first on AMBCrypto. дальше »
2021-10-3 22:00 | |
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KuCoin Advises Chinese Customers to Move Assets Amid Crackdown
The latest in a recent spate of exchange activity involving Chinese mainland users sees KuCoin removing Chinese users from its database. KuCoin advises them to move their assets elsewhere by 31 December 2021. дальше »
2021-10-4 16:53 | |
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1Inch Network Restricts Access to US Users, imToken Blocks Chinese Users from using its DEX and DApps
Decentralized platforms might not be as decentralized as they claim to be. This can be seen with the decentralized exchange aggregator 1inch, which has started geofencing US IP addresses. “It looks like you are trying to use the linch dApp from a restricted territory or are using a VPN that shows your location as a […] The post 1Inch Network Restricts Access to US Users, imToken Blocks Chinese Users from using its DEX and DApps first appeared on BitcoinExchangeGuide. дальше »
2021-9-30 18:04 | |
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China’s Ban On Crypto-Assets Forces Huobi Mining Pool To Rotate 100k Bitcoin
The Chinese crackdown on mining activities has awakened a lot of decisions and actions. Many miners are already trooping to the US, the new mining hub, to continue their operations. Recently, the NDRC (National Development & Reform Commission) in China seized more than 10,000 mining rigs in Inner Mongolia. дальше »
2021-9-30 17:10 | |
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China: 4th Largest Ethereum Mining Pool to Shutter Its Operations Amid Rising Regulatory Concerns
Chinese regulatory crackdown on crypto continues to force crypto miners to leave the country for greener pastures elsewhere. BeePool Shutters Ethereum Mining Operations BeePool, a China-based Ethereum (ETH) mining pool that also holds the distinction of being the world’s 4th largest ETH mining pool in terms of hashrate recently announced it was shuttering its operationsRead More дальше »
2021-9-30 21:00 | |
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“It’s Not Possible To Destroy Crypto,” says Tesla CEO Elon Musk
The Bitcoiner and SpaceX CEO does believe that governments can "slow down its advancement” while noting that “cryptocurrency is fundamentally aimed at reducing the power of the Chinese government. дальше »
2021-9-29 19:11 | |
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Bitmain Moves Production Out of China, Crypto Mining Pools Continue to Shut Down
Meanwhile, Chinese giants Tencent and Alibaba apply for several Metaverse-related trademarks while Huawei Cloud launches blockchain services. The post Bitmain Moves Production Out of China, Crypto Mining Pools Continue to Shut Down first appeared on BitcoinExchangeGuide. дальше »
2021-9-29 16:32 | |
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Bitcoin Dealt Another Blow By China’s E-Commerce Giant Alibaba
Chinese giant e-retailer Alibaba has announced it will halt selling cryptocurrency mining equipment come October 8, 2021. This is according to two notices sent out on Monday referring to laws and regulations and particularly a circular by the People’s Bank of China and other government organizations published last week that banned the transaction, mining, and […] дальше »
2021-9-29 23:05 | |
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Crypto Platforms Start Pulling Out Of China Following The Ban
One by one crypto exchanges and other related platforms are starting to announce exit plans from the Chinese market following the nation’s ban. Crypto Platforms Like Biki, Feixiaohao, And BitMart Pull Out Of China Following The Nation’s Ban A few days back, China announced a ban on all crypto-related transactions in the country. As a […] дальше »
2021-9-29 22:00 | |
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Over $5 Billion In Bitcoin And Ethereum Moved From Cold Wallets Amid China Crackdown
China continued its crackdown on crypto, leading to massive amounts of bitcoin and Ethereum being moved from exchanges. Immense pressure from Chinese central banks following the latest iteration of the China crypto ban has seen exchanges suspending operations in the region. дальше »
2021-9-29 20:00 | |
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China crypto crackdown: 10,100 mining rigs confiscated in Mongolia
The Chinese government has intensified its efforts to ban cryptocurrency mining and trading in the country. China’s National Development and Reform Commission seized 10,100 crypto mining equipments from a government-operated tech park in Inner Mongolia as it continues its operations against miners in the region. дальше »
2021-9-29 19:51 | |
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Crypto Roundup: September 27, 2021
Another week of wild volatility has hit the cryptoasset market, as China’s latest ban collides with accelerating adoption to catalyze big market swings. First, fears of the financial collapse of Chinese developer Evergrande sent crypto sliding last Monday, before the market turned around as Twitter added Bitcoin tipping. дальше »
2021-9-28 16:22 | |
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China Ban: TradingView & Data Sites Inaccessible, Alibaba Stops Miners & Crypto Sales, “Complete Shutdown” for SparkPool Users
Popular cryptocurrency market data sites CoinGecko and CoinMarketCap are not accessible for users in mainland China after the Peoples Bank of China reiterated that crypto-related business activities are “illegal,” which also covered overseas exchanges offering their services to Chinese residents through the Internet. дальше »
2021-9-28 15:43 | |
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