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China's NDRC now seeking public opinion on its Bitcoin mining crackdown
The Chinese government's Bitcoin mining crackdown, imposed earlier this May, led to the cryptocurrency crashing to levels it only recovered from earlier this week. Prior to the crackdown, China had beThe post China's NDRC now seeking public opinion on its Bitcoin mining crackdown appeared first on AMBCrypto. дальше »
2021-10-21 19:00 | |
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Russia considers using oil field by-products for 'hybrid modules' of Bitcoin mining
The exodus of Bitcoin miners from Chinese mining hotbeds has left a vacuum that many global players are scrambling to fill. It was recently noted that most of the lost hash power has been restored, thThe post Russia considers using oil field by-products for 'hybrid modules' of Bitcoin mining appeared first on AMBCrypto. дальше »
2021-10-21 21:30 | |
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From Grace To Grass: Chinese Bitcoin Hashrate Drops To Zero
For nearly a decade, China had dominated the Bitcoin mining scene and contributed as high as 75% of global mining hash rates. Chinese Bitcoin hash rates have fallen to zero following a heightened crackdown from the country’s regulatory agencies. дальше »
2021-10-17 16:23 | |
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BTC.com Withdraws from China, AntPool Suspends IP Access, & Tencent Bans 1,000 WeChat Accounts
Bitcoin mining pool BTC. com announced on Friday that it is withdrawing from the Chinese market on October 15, 2021. It would no longer provide its mining services to users in mainland China to “comply with the latest regulatory policy requirements of the Chinese government. дальше »
2021-10-15 17:15 | |
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Crypto Miner Tariffs Proposed by Russian Minister of Energy Following Chinese Migration
Due to the recent bans on crypto mining in China, many have picked up shop and moved to Russia. This has caused significant power issues in those regions. The post Crypto Miner Tariffs Proposed by Russian Minister of Energy Following Chinese Migration appeared first on BeInCrypto. дальше »
2021-10-15 06:37 | |
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Paying Government Employees in Bitcoin is ‘Major Priority’, Says Miami Mayor
Between opening its doors to Chinese cryptocurrency miners, hosting several conferences, and starting a new cryptocurrency, Miami has become a hub for crypto in the USA. The post Paying Government Employees in Bitcoin is ‘Major Priority’, Says Miami Mayor appeared first on BeInCrypto. дальше »
2021-10-15 21:30 | |
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Monetary Policy, Real Estate Challenges to China’s Yuan
The Chinese yuan has gained in value against the U.S. dollar since the pandemic broke out, but could face challenges going forward. дальше »
2021-10-31 13:00 | |
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Bitmain To Stop Shipping Antminer Mining Machines To Mainland China
Bitcoin mining hardware manufacturer, Bitmain has halted the supply of mining equipment to mainland China. This decision is a result of the Chinese government’s regulations against cryptocurrencies and allied activities. дальше »
2021-10-13 22:48 | |
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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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