Crypto Market’s Overreaction to Xi’s Blockchain Remark Prompts Tougher Crackdown

The market’s overreaction to President Xi’s praise of blockchain technology has prompted another crackdown, dashing hopes for a crypto-friendly China. дальше »

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89% of Chinese Blockchain Firms Have Tried to Issue Crypto: Report

89% of China’s blockchain firms have tried to issue their own token or crypto, according to a senior exec at a local blockchain association

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People’s Bank of China and Related Parties to Monitor and “Clean-Up” Crypto-Related Businesses Within the Jurisdiction

On Friday, November 22, 2019, China’s central bank, People’s Bank of China released an announcement that it will be monitoring crypto businesses. It has been disclosed that the “clean-up” will continue since their previous one in 2017. дальше »

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Chinese Regulators Reportedly Shut 173 Cryptocurrency Exchanges in the Country; Paves way for CBDC

Twitter handle @cnLedger on November 25, 2019, quoted the People’s Bank of China’s (PBoC) newly released China Financial Stability Report 2019, where the apex bank stated that the Chinese regulators had clamped down on 173 cryptocurrency trading and token issuing platforms in the country. дальше »

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Thailand SEC to Amend Crypto Legislation

Following the recent U-turn by China?s leaders, which resulted in a bull rally for blockchain, Thailand SEC plans to give some breathing space. дальше »

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Bitcoin Ban Is "Success Metric" in China: Adam Back

Bitcoin follows the lead of Facebook, YouTube, Telegram, and other western tech juggernauts that are banned in China дальше »

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Binance Plans to Sue Crypto Media Website Over Police Raid Report

Cryptocurrency news website The Block recently published a story that claimed that there was a police raid on Binance’s offices in Shanghai, China. The exchange vehemently denies this ‘fake news’ story and, now, plans to sue. дальше »

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China Shuts Down 173 Cryptocurrency Exchanges and Token-Issuing Platforms

China has reportedly shut down all cryptocurrency exchanges operating within the country, according to a Twitter update from Chinese blockchain outlet CnLedger. CnLedger quoted the People’s Bank of China (PBoC) Financial Stability Report (2019), stating that “the 173 Chinese virtual-currency trading and token issuing platforms have all exited without risk. дальше »

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Dow Futures Jump as China Bows to Trump’s Critical Trade Demand

Dow Jones Industrial Average (DJIA) futures point to a strong stock market open Monday as China backs down on intelectual property rules. The post Dow Futures Jump as China Bows to Trump’s Critical Trade Demand appeared first on CCN.com дальше »

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Binance Is to Come Out as a Winner Because of Decentralization

Coinspeaker Binance Is to Come Out as a Winner Because of DecentralizationIf there is any crackdown on exchanges in China, Huobi and OKex will be axed first. Binance, with team members all around the world, were built from the early days to be immune to this. дальше »

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Thai SEC: Crypto regulations under assessment to enhance businesses

It would be difficult to explain to a novice that despite the 48-hour $20 billion crash in the market, the crypto industry continued to pique the interest of various nations. After China revealed itThe post Thai SEC: Crypto regulations under assessment to enhance businesses appeared first on AMBCrypto. дальше »

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25,000 Blockchain Firms in China Tried to Issue Cryptos, Senior Official Claims

Some 25,000 Chinese companies have tried to issue their own tokens over the past few years, a new report authored by five government agencies claims. дальше »

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Bitcoin Price Fall Below $7,000 as Cryptocurrency and Traditional Markets Follow Suit

Coinspeaker Bitcoin Price Fall Below $7,000 as Cryptocurrency and Traditional Markets Follow SuitCrypto and traditional markets slide as the U. S. and China are yet to resolve their trade disputes. дальше »

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Dow Ignores Pricing in US-China ‘Phase 2’ Trade Deal Fallout

Despite reports about the fall out of a phase two deal with China, pre-markets data show the Dow Jones monentum is on the rise. The post Dow Ignores Pricing in US-China ‘Phase 2’ Trade Deal Fallout appeared first on CCN.com дальше »

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Bitcoin Crash Caused by Chinese Cryptocurrency Crackdown, Claims CNBC Guest

Brian Kelly, the founder of Brian Kelly Capital, suggested that the anti-cryptocurrency regulatory moves by China caused Bitcoin to take a drop substantially. We are in the midst of a ‘digital arms race,’ he claimed. дальше »

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Thai SEC Mulls Tweaking Existing Crypto Regulations to Boost Growth

Asian nations such as Thailand are wasting no time in preparing their economies for a future that involves crypto assets. China is full steam ahead on blockchain technology, and Thailand is making plans to open up further to the digital asset industry with amendments to existing regulations. дальше »

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Bitcoin Drops Below $7K as Traditional Markets Flatline

Bitcoin has fallen beneath the $7,000 psychological price range as global markets took a breather Saturday amid the ongoing trade dispute between the U.S and China. дальше »

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Dow Futures Rise as US & China Trade Verbal Attacks

Dow futures rose on Sunday evening, even as the US and China traded more verbal attacks over the trade war and Hong Kong. The post Dow Futures Rise as US & China Trade Verbal Attacks appeared first on CCN.com дальше »

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China's Dive Into Blockchain, Digital ID Spurs Rest of World to Action

How is China implementing blockchain in the public sector and will it be a blockchain-driven country of the future?

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Bitcoin Price Headed For $20k – $25k Zone Next Year: Analyst

The crypto market has been a disappointment lately. Lackluster bitcoin price action has intensified overall selling activity. But things are in for a welcome change, as BTC is expected to explode next year. дальше »

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Bitcoin Could Fall Below $6K, Predicts Analysts

The Bitcoin price initiated a rapid decrease on November 22. It fell through several support areas without showing any signs of a reversal. It is approaching a very significant support line, which has been in place for roughly eight years. дальше »

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Beijing-Based BISS Exchange Shut Down, Arrests Made

A relatively well-known cryptocurrency exchange, BISS, has recently been shut down by police in Beijing. At least 10 people have been arrested. According to Wan (@DoveyWan), this news has been circulating in China for a couple of weeks and is only now being revealed to the West, though it is unclear why. дальше »

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Binance CEO: ‘We Will Be Suing’ The Block Over China Police Raid Story

Binance to sue The Block and create “FUD fighting fund”

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Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto

China’s recent crackdown on cryptocurrencies may have caused Bitcoin whales to move huge quantities of BTC.   China’s recent praises of blockchain technology do not seem to extend to Bitcoin and cryptocurrencies, as the country’s central bank launched another crackdown on crypto. дальше »

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Binance to Sue The Block for Damaging the Exchange’s Reputation

Binance CEO, Changpeng Zhao, stated on Twitter that the exchange would sue The Block for false news reporting pertaining to a Chinese ‘police raid’ on the exchange’s Shangai office. дальше »

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South Korea Wants to Focus on Blockchain Research and Development in 2021

China recently announced it would invest up to $2bn in blockchain technology. South Korean officials are planning to do the same, albeit with just 20% of the funds to allocate. It has been coming for some time now, but governments are officially paying attention to blockchain technology. дальше »

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China’s ‘Silicon Valley’ Identifies 39 Cryptocurrency Companies As Illegal

Shenzhen is the blockchain hub of China, but its law enforcement will soon be cracking down on cryptocurrencies. The state has identified some 39 illegal cryptocurrency companies operating within the city. дальше »

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Chinese Central Bank Plans to Nip Young Crypto Businesses ‘In the Bud’

China's central bank has formally issued a new plan to crack down on crypto businesses. дальше »

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European Union Launches New Blockchain and AI Fund To Avoid Falling Behind US And China

The European Union (EU) and its commission have set up a new fund that will be dedicated to providing capital for artificial intelligence (AI) and blockchain projects in the region. According to the reports, the EU donated around $100 million EUR to the fund and private investors are expected to bring up at least $300 […] дальше »

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Shenzhen Authorities are Investigating Illegal Crypto Activities After Shanghai Inspects Exchanges

China seems to be very ambitious when it comes to putting down illegal cryptocurrency activities, causing a lot of speculations in the country. After Shanghai has investigated the local crypto marketplace, it’s the technology capital Shenzhen’s turn to so the same. дальше »

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Shanghai PBOC Crackdown on Cryptocurrencies Causes Market Crash

The Shanghai division of the People’s Bank of China issued a statement regarding the use of virtual currencies in the region. Reiterating that China’s favorable openings are to blockchain and not Bitcoin, markets slid by up to 11 percent in response to the news. дальше »

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HSBC Closes Account Used to Support Hong Kong Protesters

For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. дальше »

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PBOC v Gov, a Power Struggle OR Have Central Banks Usurped?

China’s central bank is making a lot of noise about cracking down on bitcoin just weeks after the president of China hailed the blockchain. This apparent difference between lawmakers and. . дальше »

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EU Launches Estimated €400M Blockchain, AI Fund to Avoid Lagging US, China

A new fund has been set up with the aim of preventing the EU falling behind nations like the U.S. and China on blockchain and AI innovation. дальше »

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China’s Digital Currency and US-China Relations

The US blocking China’s proposed digital currency efforts could be worse than the two large economies working together to establish global governance, manage the disruptions and harness the tech for global growth,. дальше »

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China Vows ‘Immediate Disposal’ of Crypto Exchanges As Bitcoin Plummets

The Peoples Bank of China (PBOC) has reiterated its position on crypto trading, vowing the immediate disposal of cryptocurrency exchanges. The post China Vows ‘Immediate Disposal’ of Crypto Exchanges As Bitcoin Plummets appeared first on CCN.com дальше »

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Cryptocurrency Regulations Tighten as People’s Bank of China Further Restricts Trading

The People’s Bank of China head office has just made a new regulatory update which clarifies the legal situation for cryptocurrency trading in the country. China is pushing its policy of ‘blockchain, not cryptocurrencies’ to the extreme with a fresh round of regulatory stipulations for the industry. дальше »

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News of China’s Crackdown on Crypto Crash Bitcoin (BTC)

The leading coin crashed even closer to $7,000 even before the US markets opening, as Chinese authorities sent out more hawkish messages against illegal crypto practitioners.

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New Bitcoin Crackdown: China Witch-Hunting Any Provider of Crypto Transactions to Locals

Shanghai authorities are cracking down on Bitcoin and crypto and are banning any providers of crypto transactions to Chinese users дальше »

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China: PBoC's Shanghai office warns investors against mixing blockchain with crypto

Since Chinese President Xi Jinping vocally announced his support for blockchain last month, regulatory bodies and financial institutions across the country have been spurred into action, with many nowThe post China: PBoC's Shanghai office warns investors against mixing blockchain with crypto appeared first on AMBCrypto. дальше »

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Bitcoin Drops to $7,000 as China Vows to ‘Dispose of’ Local Exchanges

China seeks to reinforce the crypto trading ban

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Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin

The Shanghai branch of the People’s Bank of China has just commented on crypto yet again. According to the announcement, published on Friday, the branch of the Chinese central bank has observed a resurgence in cryptocurrency-related speculation through ICOs, IEOs, STOs, and other capital-raising/token distribution methods. дальше »

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China: Shenzhen Identifies 39 Crypto Exchanges Defying Trading Ban

Shenzhen lists 39 crypto exchange in line for shutdown

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China may nationalize OTC desks, crypto-exchanges: Dovey Wan

Dovey Wan, Partner at Primitive Ventures, has been key to the world getting an insight into China's blockchain and cryptocurrency space. Wan recently featured in an interview with Luke Martin to reveaThe post China may nationalize OTC desks, crypto-exchanges: Dovey Wan appeared first on AMBCrypto. дальше »

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China Hype Implodes as Bitcoin Completely Retraces to Pre-Rally Levels

Bitcoin shows signs of a pump-and-dump scheme. A renowned analyst says BTC… The post China Hype Implodes as Bitcoin Completely Retraces to Pre-Rally Levels appeared first on CCN.com дальше »

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Shenzhen City Authorities Warns Against Illegal Crypto Activities After Recent Blockchain Hype

According to Eastmoney, Shenzhen, the tech capital of china recently issued a warning against illegitimate dealings taking place in the cryptocurrency industry. The report released by Eastmoney indicated that the Leading Group for Remediation of Internet Finance Risks, a regulatory body in the city, is investigating all illegal dealings in the crypto space. According to […] дальше »

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China’s Second-Biggest Bitcoin Mining Equipment Manufacturer Raises $90M in U.S. IPO

China-based bitcoin mining equipment maker, Canaan Creative raised $90 million in its U. S. Initial Public Offering (IPO), after selling the IPO shares at the bottom of its marketed range, reports Bloomberg on November 21, 2019. дальше »

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Dow Stands Firm But Dr. Doom Unleashed a Dire Stock Market Warning

China headlines mixed with positive news in the US Senate to lift…

The post Dow Stands Firm But Dr. Doom Unleashed a Dire Stock Market Warning appeared first on CCN.com

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Did the Unconfirmed News of Binance’s Office Shutting Down in China Cause the BTC Price Crash?

Today, Bitcoin lost 8. 75% of its value after BTC price flash crashed from $7,800 to $7,400 on Bitstamp. We had already dropped under $8,000 but it has been after a few hours when things escalated and Bitcoin dropped like hard rock, losing $400 in a few minutes. дальше »

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Chinese Companies Beating the US in Blockchain Patent Submissions with Over 7,500 Filed

China is seemingly overtaking other countries in adopting blockchain technology. That information was revealed by the number of patent applications by firms in China. China seems to have outrun even the United States. дальше »

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