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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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Binance Lands In Deep Water As Malaysia Orders Crypto Exchange To Halt Operations

Cryptocurrency exchange, Binance, has been facing tumultuous times as they have been the focus of several regulatory actions recently. The most recent blow just came from Malaysia. The Securities Commission (SC) of Malaysia today announced that it has taken enforcement action against Binance for illegally operating a digital assets exchange (DAX) in the country, effectively […] дальше »

2021-7-31 20:47


Reports Show China Lost Bitcoin Hash Power Before Conducting The Crackdown

In recent times, China has made moves to halt all forms of Bitcoin mining in its vicinity. According to the government, the operation is consuming more energy than necessary. There have been concerns on how the crackdown will affect crypto prices, given that other countries also picked up the trend. China’s action led to a […] дальше »

2021-7-20 01:20


Bitmain Discontinues Sales of Bitcoin Mining Gear Amid Chinese Crackdown

Leading Bitcoin mining rig manufacturer Bitmain Technologies Ltd has reportedly stopped the sales of mining rigs following the Chinese crackdown on crypto mining. Influx Of Secondhand Sellers Causes Bitmain To Stop Sales The Beijing mining giant decided to halt sales of machines for spot delivery due to the high rate of secondhand Bitcoin miners selling […] The post Bitmain Discontinues Sales of Bitcoin Mining Gear Amid Chinese Crackdown first appeared on BitcoinExchangeGuide. дальше »

2021-6-24 18:12


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Top US Banking Regulator to Review Cryptocurrency Standards Under New Leadership

The new Acting Comptroller of the Currency, Michael Hsu, has requested a review of the cryptocurrency standards established by the top U. S. banking regulator. He is also urged to “reassess any conditional national trust charters and halt the approval of any additional charters to nonbank entities” during the review. дальше »

2021-5-20 18:03