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Robinhood Could Face Intense Competition From A Pair Of Chinese Brokers Looking To Offer Crypto Trading To Clients

Two trading apps in China, rivals to American platform Robinhood, are exploring a move into the cryptocurrency space as they seek expansion into the U.S market. According to a report from CNBC, the companies – namely Futu and Tiger Brokers – revealed they were in the process of applying for licenses for Singapore and America […] дальше »

2021-6-2 22:34


Billionaire Ray Dalio Believes Digital Yuan Could Become Global Reserve Currency; Could Run on Ethereum

According to billionaire investor Ray Dalio, the CBDC race seems to be heating up, and China may emerge a winner. Digital Yuan To Outpace Digital Dollar Bridgewater Associates founder Ray Dalio pointed out that China's digital yuan could serve as a threat to the continued dominance of the US dollar in the global marketplace. дальше »

2021-6-1 20:38


Ray Dalio: China’s Digital Yuan Will Overshadow the Digital Dollar

According to billionaire investor Ray Dalio, China’s digital Yuan will outpace the United States’ efforts to create a central-bank digital currency.  In an interview with CNBC, The Bridgewater Associates founder shared that when the United States issues its own CBDC, it will certainly have its uses and “be viable.” But according to him, it won’t […] дальше »

2021-6-1 06:03


China’s Online Marketplace Records Surge In Mining Machines Listing Following Ban

Chinese online second-hand market sees a surge in second-hand mining machines from Inner Mongolia and Sichuan. Marketplace Sees Surge In Bitcoin Mining Machines China’s largest online second-hand market place Xianyu has registered a surge in Bitcoin mining machines listing over the past few days especially from Inner Mongolia and Sichuan regions, the two most prolific […] дальше »

2021-5-29 14:27


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Chinese Officials Are Investigating Crypto Mining Operations

Regulators in China’s Sichuan province are gathering information on cryptocurrency mining, potentially leading to a full crackdown on the practice, Reuters reports. The news comes after the Chinese government announced it will  “crack down on bitcoin mining and trading behavior, and resolutely prevent the transfer of individual risks to the society” according to a statement. дальше »

2021-6-8 22:56


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Chinese Traders Still a Major Influence the Crypto Market, According to Experts

Chinese traders still exert a major influence in the cryptocurrency market, even with all the distinct issues they must now face to operate. This is the opinion of several experts in the field that have weighed in on how the recent prohibitions and ban proposals from China are really affecting how Chinese bagholders that conduct […] дальше »

2021-5-27 10:00